Auddia
Address: 
Boulder, CO, USA
Reinventing Audio
Website: www.auddia.com
Symbol: NASDAQ:AUUD
Owns
Latest news
- Nov 11: Auddia released its Q3/24 financials. The company, which makes an ad-skipping radio and podcast app, made a loss of $1.9mn. The financial notes say that the company has a total debt of $87mn, and needs to raise more money to keep trading after Q1/25. It has raised $10.4mn this year so far.
- Sep 6: Auddia has added two new features to its radio and podcast player, faidr. It now has visualised chapters (“shows the user where segment breaks are in the episode within the progress bar of the player”), and another feature called Forward+ (“allows a user to skip forward to the end of the segment being played with a single touch”). These features are available in most podcast players, but requires creators to manually add these chapters when publishing. The app also has a paid ad-skipping function.
- Apr 30: Auddia, which is working on a podcast app that skips the ads, has done some financial manoeuvring to avoid being taken off the NASDAQ. It’s lost two-thirds of its stock price in the last six months. Earlier this month it gained a patent for ad-skipping live radio.
- Mar 20: Podcast ad-skipping company Auddia has raised a further $3.5mn to improve faidr, its app.
- Mar 15: Auddia, which was to launch ad-skipping for podcasts in January, has announced more details on the service, which will now be launched “later this year”. Participating publishers will receive a payment for each play based on the podcast’s average CPM, while listeners will hear the ads automatically skipped. The company will announce participating publishers in a few weeks; and plan to sell the ad-skipping service to other podcast apps.
Data credits: Google Maps, Podnews newsletter