Wondery, a Los Angeles, CA-based podcast network, raised $5m in Series A funding.
The round was led by Greycroft’s Alan Patricof, Lerer Hippeau, and Advancit Capital. In conjunction with the funding, Jon Goldman, a Venture Partner at Greycroft, is joining the board representing all investors. Goldman is a General Partner at GC Tracker, a seed stage fund focused on videogames, AR/VR and eSports, and managing partner at Skybound, the IP holder of The Walking Dead and many other premier properties. Jason Nazar, Co-founder and CEO of Comparably and Entrepreneur-In-Residence, City of Los Angeles, will round up the board alongside Lopez.
The company will use the funds to expand its lineup of original podcasts, including American Innovations, Dr. Death and I, Survivor, and grow the audience of existing original and partner shows, including Business Wars and Tides Of History.
Led by CEO Hernan Lopez Wondery, A Network of Storytellers, creates and curates podcasts in the entertainment, true crime, personal growth, business, and history verticals. Other investors in the company include BAM Ventures, Water Tower Ventures, Fox Networks Group, BDMI and industry experts, including Stanley Shuman and Michael Kassan.