RedCircle Raises $6M in Series A Funding


RedCircle, a Los Angeles CA-based podcast platform for independent creators, raised $6M in Series A funding.

The round was led by EPIC Ventures and Refinery Ventures with participation from SignalFire, Bloomberg Beta, MathCapital, and angel investors including Justin Wohlstadter, George Strampolo and Eckart Walther.

The company intends to use the funds to expand its team and enhance its offerings.

Founded in 2018 by Mike Kadin and Jeremy Lermitte, RedCircle provides a platform for independent creators to manage their distribution, cross-promotion, dynamic audio insertion, listener payments, and automated advertising efforts. The platform enables brands to purchase host-read ads or programmatic, pre-recorded advertising across a large number of podcasts through an automated platform. With tools for demographic targeting, advertising attribution, and brand safety, it allows brands and their agencies to establish a presence in podcast marketing or scale their existing spend.