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Storytel logo — One of the world’s largest audiobook and e-book streaming se...

Storytel

One of the world’s largest audiobook and e-book streaming services.

Founded 2005 Sweden Sweden 640 employees Post Ipo Equity Total: $1.52B EdTech, Education +2

General Information

Company Name Storytel
Founded Year 2005
Location Sweden Sweden +1
Founders / Decision Makers
Team member
Employees 640
Industries EdTech, Education, Mobile +1
Funding Stage Post Ipo Equity
Social

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About Storytel

Storytel, founded in 2005, is one of the globe’s largest platforms for streaming audiobooks and e-books. With a mission to foster empathy and creativity, Storytel offers access to over one million titles, enhancing literary accessibility anytime and anywhere. The company operates under its own brand alongside Mofibo and Audiobooks.com, while its publishing arm includes Storytel Books and StorySide. Significantly, they operate across more than 25 markets globally.

Headquartered in Stockholm, Sweden, Storytel falls within the EdTech, Education, Mobile, and Publishing industries. Its adaptability and expansive reach provide substantial investment potential, as evidenced by its recent kr400.00M post-IPO equity investment in November 2022. Key investors include EQT, C WorldWide Asset Management, Roxette Photo, Richard Båge, and Otava.

Taxonomy: Audiobook Streaming, E-book Streaming, Subscription Services, Storytelling, Literature, Publishing, Digital Media, Mobile Development, Audio Content, Books Distribution, Creative Content, Global Market

Services & Products

localization services
market entry strategies
language translation
cultural consulting

Target Customers

multinational companies e-commerce platforms businesses in expansion phase global enterprises startups with global ambitions

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 5
Investor Investor
•••• •••• 		09 Nov 2022
Post-IPO Equity •••••• 1
Investor
07 Sep 2021
Post-IPO Equity •••••• 1 •••• •••• 03 Jun 2020
Post-IPO Equity •••••• 3
Investor Investor Investor
20 Feb 2020
Post-IPO Equity •••••• 2
Investor
•••• •••• 		06 Oct 2016

View All 7 Funding Rounds

Latest News

View All
Storytel to cut 13 per cent of workforce in bid for increased profitability — Tech
Storytel to cut 13 per cent of workforce in bid for increased profitability
Tech Jan 26, 2024

Storytel Alternatives & Competitors

Storytel vs
RBmedia
RBmedia United States

The largest audiobook publisher in the world

546 employees
Digital Media, EdTech
Compare Storytel vs RBmedia
Storytel vs
AudiobooksNow
AudiobooksNow United States

Instantly Download or Stream

1 employees
Internet
Compare Storytel vs AudiobooksNow
Storytel vs
Streamotion
Streamotion Australia

Unleashing the potential of streaming

57 employees
B2C, Entertainment
Compare Storytel vs Streamotion

FAQ About Storytel

One of the world’s largest audiobook and e-book streaming services.
Storytel was founded in 2005.
Storytel is headquartered in Sweden.
Storytel operates in the following industries: EdTech, Education, Mobile, Publishing.
Storytel has approximately 640 employees.
Storytel has completed 7 funding rounds, raising a total of $1.52B. The latest funding stage is Post Ipo Equity.
Storytel offers: localization services, market entry strategies, language translation, cultural consulting.
Top alternatives and competitors to Storytel include RBmedia, AudiobooksNow, Streamotion, Tuned Global, Tulix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Storytel and RBmedia are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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