A podcast startup with an impending footprint in Cincinnati has landed millions in funding from one of the region’s top venture capital firms as it looks to capitalize on a burgeoning digital industry expected to hit $2 billion by 2023.
RedCircle, a podcast platform for independent creators, raised a $6 million Series A, the company announced Thursday. The round was co-led by Salt Lake City’s Epic Ventures and Over-the-Rhine-based Refinery. The raise also included participation from SignalFire, Bloomberg Beta, MathCapitalband angel investors Justin Wohlstadter, George Strampolos and Eckart Walther, among others.
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Story excerpt provided by Cincy Inno.
Written by Liz Engel.
Originally published September 3, 2021.