London-based Curio, which offers a subscription-based, curated audio content platform has closed a $9 million Series A round led by Earlybird, with Draper Esprit, Cherry Ventures and Horizons Ventures chipping in. Fabian Heilemann, partner at Earlybird, will be joining Curio’s board.
Curio says it plans to use the fresh cash to strengthen its position in the US and UK markets, while expanding to other anglophone parts of the world - including India, Australia, and South Africa.
The startup offers audio journalism content from the likes of The Wall Street Journal, The Washington Post, The Economist, WIRED, and Financial Times through its app, completely ad-free and updated on a daily basis.
Founded in 2016, its users played over 18 million minutes of audio on the app last year alone.
“We want to help everyone become wiser, empathetic, and fulfilled. I believe learning about ideas and insights shaping our future, and stories that move us can do exactly that," said Govind Balakrishnan, Curio co-founder and CEO.
"I'd never have imagined when growing up in India and listening to the BBC on shortwave radio, that I'd one day work there, let alone found a startup that is building the future of screenless media and empowering publishers in the process.”
Before the Series A round, Curio had raised $2 million from Cherry Ventures, 500 Startups and private angel investors.