DeepCast Secures Additional Investment from Automattic and Idealab to Accelerate Growth of AI-Powered Podcast Platform

DeepCast Secures Additional Investment from Automattic and Idealab to Accelerate Growth of AI-Powered Podcast Platform

December 17, 2024

DeepCast, Inc., creator of the innovative AI-powered podcast discovery platform DeepCast and podcast creator suite DeepCast Pro, today announced it has secured additional investment from leading technology companies and venture firms. The round includes strategic investment from Automattic, creators of WordPress.com and owners of popular podcast app Pocket Casts, alongside participation from existing investors Okapi VC and Idealab, as well as current and former executives from Amazon, Airbnb, Snap, Netflix, Webflow, Replit, Audible, and IMDb.

The investment will accelerate DeepCast’s mission to revolutionize how people discover, engage with, market, and monetize podcast content. The company will use the funds to expand its DeepCast Pro creator tools and enhance the discovery capabilities of its consumer platform.

“This investment represents a strong validation of our vision to unlock the full potential of podcasting through AI-powered tools and interfaces,” said Lucas Dickey, CEO and founder of DeepCast. “Automattic’s commitment to empowering independent creators aligns perfectly with our mission to help podcasters reach wider audiences while making their content more accessible and engaging.”

The funding will support significant expansion of DeepCast Pro’s creator toolkit, with emphasis on:

  • Cross-channel marketing automation and distribution
  • Enhanced podcast search optimization capabilities
  • Multi-modal content generation optimized for different platforms
  • Expanded publishing and syndication options

“At Automattic, we’re dedicated to democratizing publishing and supporting independent creators,” said Sander Rose, Corporate Development at Automattic. “We’re excited to support DeepCast as it builds out a platform that helps podcast creators reach wider audiences while also giving listeners new ways to discover and engage with content they love.”

The investment will also support expansion of DeepCast’s podcast catalog coverage and enhanced discovery features for listeners, furthering the company’s goal of making the world’s audio content more searchable, connected, and easily digestible across languages and formats.

About DeepCast

Launched in 2024, DeepCast’s AI-powered platform is poised to revolutionize the podcast ecosystem. DeepCast (https://deepcast.fm) was created to help podcasters save time, spread the word, connect with audiences, and capture new revenue. DeepCast Pro (https://deepcast.pro), the podcast creator platform extension of DeepCast, builds upon the same core AI, infrastructure, and data used to drive discovery and deeper engagement for listeners of podcasts. If DeepCast is about supercharging podcasters, DeepCast Pro is for supercharging and championing podcasters with the motto: “You make the shows, let us help you with what comes after.”

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