Logcast
A voice-first social network exploring the future of digital social experiences.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Seed | |
| Total Funding | 000k | ||
| EUR | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 17 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | (120 %) | (84 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Logcast Studios, founded in 2019 by Leni Andronicos and Johanna Hoof, is a Stockholm-based entertainment technology company that has evolved from a single app into a dynamic studio group. The initial product, Logcast, is a voice-based social network designed to simplify audio creation. It enables users to record, share, and discover short-form audio clips, or "logs," with a single tap, positioning itself as a more spontaneous alternative to traditional podcasting. The platform targets creators like musicians and podcasters, along with their fans, fostering direct engagement through features like exclusive content, Q&As, and group chats.
The company's business model is centered on the creator economy, providing multiple monetization avenues. Creators can earn recurring income through paid channel subscriptions and receive direct support from their audience via a digital Gifting feature inspired by microtransactions. Furthermore, Logcast has ventured into the blockchain space by allowing creators to mint their audio clips as NFTs, which they term "non-fungible memories" (NFMs), creating a market for unique digital collectibles on the Polygon blockchain.
Building on its initial success, Logcast Studios expanded its portfolio with the launch of Oshi, a social network designed for virtual characters like VTubers, anime personas, and game characters. This platform allows users to interact through avatars while using their real voices, aiming to serve the growing virtual creator economy, with a significant focus on the Japanese market. In January 2024, the company secured an investment from Shibuya Startups KK to fuel Oshi's expansion in Japan. This adds to Logcast's total funding of over $5.21 million from investors including Silicon Valley's Goodwater Capital and various angel investors from the tech and entertainment sectors. The company has also pursued community-based funding, offering a stake to its creators and users to foster a sense of co-ownership.
Keywords: audio social network, creator economy, voice streaming, monetization tools, digital tipping, short-form audio, NFT, non-fungible memories, creator platform, virtual characters, VTuber, avatar streaming, social audio, fan engagement, community investment, Leni Andronicos, Johanna Hoof, Oshi, Stockholm startup, entertainment technology