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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
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.

Business keywords: 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 kr400.00M 5
EQT C WorldWide Asset Management
EQT, C WorldWide Asset Management +3
09 Nov 2022
Post IPO Equity €138.00M 1
EQT
EQT
07 Sep 2021
Post IPO Equity Undisclosed 1
Stefan Blom
03 Jun 2020
Post IPO Equity kr948.00M 3
Swedbank Robur TIN Fonder Vitruvian Partners
Swedbank Robur, TIN Fonder +1
20 Feb 2020
Post IPO Equity $12.00M 2
Swedbank Robur
Swedbank Robur, Svenska Handelsbanken
06 Oct 2016
Venture Round kr23.00M -
03 Jun 2016
Pre Seed Round kr2.00M 3
Rustan Panday, Filip Larsson +1
03 Feb 2009

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

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Storytel vs
Nextory
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1 employees
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Storytel vs
DADA Company
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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 EdTech, Education, Mobile and Publishing. Its work centres on Audiobook Streaming, E-book Streaming, Subscription Services and Storytelling. Its customers include multinational companies, e-commerce platforms and businesses in expansion phase.
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 Nextory, Boodio, DADA Company, Audibook, Plympton Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Storytel and Nextory 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.

Source: BounceWatch company record for Storytel, https://bouncewatch.com/company/storytel, updated 5 August 2025. When citing, please name BounceWatch and link this page.

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