154 total views
(CHK) Fonos has raised $1.8 million in a Pre-Series A funding round led by US media and technology company VC North Base Media. This funding round also has the participation of units that have accompanied Fonos and new investors such as AngelCentral, Vietcetera Innovators Fund, Orvel Ventures.
The Fonos application has affirmed its leading position in the field of digital audio content in Vietnam after its launch in 2020, with more than 2,100 exclusive content on the application including Best-selling Audiobooks, Book Summary, Meditation ,… A rich content library is a strength and a solid foundation that helps Fonos have a strong breakthrough in revenue. In 2021, the company recorded 7 times revenue and this growth momentum will continue this year. Fonos is receiving strong support from users, with more than 130,000 user accounts in October. Fonos is also the top-grossing app in Vietnam in the book segment, on both Apple and Google app stores in many months. According to the analytics tools at data.ai, Fonos’ revenue accounts for the majority of the market share in audiobook sales in Vietnam.
With the newly received capital, Fonos will continue to expand into the Podcast segment and develop more content libraries. “I am extremely excited when Fonos enters this market. We’ve been focusing on audiobooks for the past 3 years with the goal of being the leader. Now, everyone is ready to do the same thing with podcasts.” Co-founder and CEO of Fonos – Mr. Oscar Jesionek shared. Fonos aims to become the leading podcast service provider in Vietnam with many plans to be implemented in Q1 and Q2 of 2023.
For more information, please contact Fonos through:
- Website: https://fonos.vn/
- Email: [email protected]
- Fanpage: https://www.facebook.
#Audio #content #application #Fonos #received #investment #million #PreSeries #planning #play