{"data":{"type":"company_profile","id":124801,"entity_id":"wefunder:company:124801","attributes":{"canonical_url":"https://wefunder.com/zencastr","generated_at":"2026-06-08T23:45:15Z","updated_at":"2026-06-08T05:01:11Z","entity_ids":{"company":"wefunder:company:124801","slug":"wefunder:company_slug:zencastr"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-08T23:45:15Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T05:01:11Z","as_of":"2026-06-08T23:45:15Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T05:01:11Z","as_of":"2026-06-08T23:45:15Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-22T17:06:01Z","as_of":"2026-06-08T23:45:15Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-22T17:06:01Z","as_of":"2026-06-08T23:45:15Z","confidence":"medium"}}},"company":{"id":124801,"entity_id":"wefunder:company:124801","slug":"zencastr","name":"Zencastr","tagline":"Zencastr is an all-in-one podcasting platform focused on podcaster success","story":"The podcasting industry has grown at an exponential pace over the past two years and experts do not foresee a slowdown – Acumen Research predicts it will be a $150 billion industry by 2030. 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cap"}},"recent_posts":[],"q_and_a":[{"id":229100,"entity_id":"wefunder:comment:229100","question":"What are the details of the $500k loan to the CPO and the $1MM loan to the CEO that were listed in the financial disclosures?","author_name":"David Young","votes":8,"created_at":"2022-12-20T18:56:22Z","canonical_url":"https://wefunder.com/zencastr#question-229100","answers":[{"id":229110,"entity_id":"wefunder:comment:229110","answer":"Hi David, Our fundraise in 2020 was massively oversubscribed so the founders sold some of their personal equity. We did this by way of loans that are backed by founder equity. *edit: these loans have now been paid back and are no longer on Zencastr's books.","author_name":"Josh Nielsen","votes":3,"created_at":"2022-12-20T20:00:05Z"}]},{"id":284837,"entity_id":"wefunder:comment:284837","question":"Any updates on the investment?","author_name":"Mike Brewer","votes":5,"created_at":"2024-06-07T01:31:52Z","canonical_url":"https://wefunder.com/zencastr#question-284837","answers":[]},{"id":281180,"entity_id":"wefunder:comment:281180","question":"Is this project dead? What's going on? An update would be greatly appreciated.","author_name":"Erin Hickey","votes":5,"created_at":"2024-04-11T17:34:14Z","canonical_url":"https://wefunder.com/zencastr#question-281180","answers":[]},{"id":229971,"entity_id":"wefunder:comment:229971","question":"I'm invested! Though just a couple weeks later, I discovered this: https://podcast.adobe.com/ Soooo... how are we feeling about a deep pocketed familiar name (lots of folks use Audition) suddenly being in the space?","author_name":"Pandora Jacobitz","votes":5,"created_at":"2022-12-30T15:12:14Z","canonical_url":"https://wefunder.com/zencastr#question-229971","answers":[{"id":230227,"entity_id":"wefunder:comment:230227","answer":"Hey Pandora, thank you for your investment and great question! Adobe, like many other companies, are jumping into the podcast production market. We have found that high quality recording and production is only the start of a great podcast. This is why we have extended into helping with distribution, promotion, and monetization in a way that would be very hard for a company that is not entirely focused on podcasting to follow.","author_name":"Josh Nielsen","votes":1,"created_at":"2023-01-04T00:36:12Z"}]},{"id":292468,"entity_id":"wefunder:comment:292468","question":"Any new updates, or numbers to share? We have not had an update in a year now. I’m sure others are looking for the same.","author_name":"Jeff Rauseo","votes":4,"created_at":"2024-09-17T14:39:43Z","canonical_url":"https://wefunder.com/zencastr#question-292468","answers":[]},{"id":229813,"entity_id":"wefunder:comment:229813","question":"I love your product, and your vision. But it looks like your burn rate is un-sustainable, and I don't see how you could raise enough capital to survive. Where does the 33M valuation come from? Predictions of the overall podcasting growth?","author_name":"Chris Robbins","votes":4,"created_at":"2022-12-29T02:41:09Z","canonical_url":"https://wefunder.com/zencastr#question-229813","answers":[{"id":229939,"entity_id":"wefunder:comment:229939","answer":"There are two major levers we can pull to lower our burn rate. One is to reduce costs which we are doing via consolidation of our cloud infrastructure and related costs. The other is to generate more revenue. We are in the final stages of connecting our creators’ inventory with programmatic advertising marketplaces. There is a huge amount of unmet demand there and this will greatly impact our revenue story and burn rate in the coming months. We raised a seed round at a $25m valuation at the end of 2020 before we launched distribution or the advertising network. Early bird investors will be able to participate using a SAFE with a $28m post-money cap. Once we launch out of early bird, then the valuation will go up to $33m.","author_name":"Josh Nielsen","votes":2,"created_at":"2022-12-30T00:56:26Z"}]},{"id":322438,"entity_id":"wefunder:comment:322438","question":"Hi! When will you provide investors with any information?","author_name":"Paloma Isabel Ucelay Rodríguez   Salmones","votes":3,"created_at":"2026-01-05T12:20:08Z","canonical_url":"https://wefunder.com/zencastr#question-322438","answers":[]},{"id":316427,"entity_id":"wefunder:comment:316427","question":"October 2025!! End of the fiscal year, guys! Let's have an update for 2025! Last time the company put out anything was 2023!! You can do better!","author_name":"Martin D. ","votes":3,"created_at":"2025-10-06T15:19:25Z","canonical_url":"https://wefunder.com/zencastr#question-316427","answers":[]},{"id":291809,"entity_id":"wefunder:comment:291809","question":"So, safe to say this funding round was not successful? I'm assuming the project is dead/dying, based on the complete lack of response from the Zencastr team.","author_name":"Erin Hickey","votes":3,"created_at":"2024-09-06T17:13:37Z","canonical_url":"https://wefunder.com/zencastr#question-291809","answers":[]},{"id":291791,"entity_id":"wefunder:comment:291791","question":"Hello, as I had no news from you from months, I would like to be refunded. Please let me know how to proceed. Was it all a scam?","author_name":"Marco Fantasia","votes":3,"created_at":"2024-09-06T10:18:51Z","canonical_url":"https://wefunder.com/zencastr#question-291791","answers":[]},{"id":278601,"entity_id":"wefunder:comment:278601","question":"Hi team, any updates on the Series A timeline?","author_name":"Erin Hickey","votes":3,"created_at":"2024-03-13T20:32:35Z","canonical_url":"https://wefunder.com/zencastr#question-278601","answers":[]},{"id":231277,"entity_id":"wefunder:comment:231277","question":"David asked about the $1.5m of loans to the CEO and CPO in 2020. You replied that you sold equity by way of loans that are backed by founder equity. But loans aren't selling equity. Why not just sell equity? Adding large personal loans to the balance sheet isn't good for the business. A software co. in a growing market should be profitable, so a $2m+ loss in 2021 is surprising. In this funding environment, raising only enough to cover 12 months runway also feels risky. Lastly, how did you reach a $33m valuation? Needed something higher than your previous $25m in 2020? And, why not raise with VCs? Were they put off by the above issues and increased competition? Sorry guys, I like the product but this feels way too risky for small investors.","author_name":"Al R","votes":3,"created_at":"2023-01-14T08:10:31Z","canonical_url":"https://wefunder.com/zencastr#question-231277","answers":[{"id":231414,"entity_id":"wefunder:comment:231414","answer":"Thanks for the questions and consideration, Al. We sold our personal equity by way of these loans due to tax considerations. These loans will be paid off this quarter and disappear from the company’s balance sheet entirely. Zencastr was bootstrapped and profitable for several years until we raised money in late 2020 and intentionally went into burn so we could quickly build out the distribution and monetization network. We will soon be launching programmatic ad monetization which has the potential to dramatically reduce our burn rate and extend runway but are open to raising additional funds as well. As far as valuation, we raised at a $25m valuation in 2020 when we were solely a remote recording utility. Now we have built out all of the remaining products needed for distribution/promotion/monetization with our only real competitor being anchor.fm who was purchased for ~$140m Our seed round and half of our extension round has been raised from traditional VC. As part of our mission to partner more closely with our podcast creators, the crowdfund creates an opportunity for these creators to participate in the value of the platform they are helping to build.","author_name":"Josh Nielsen","votes":1,"created_at":"2023-01-17T00:08:58Z"}]},{"id":297318,"entity_id":"wefunder:comment:297318","question":"HI:) I am looking for information about the status of the investment and its value. I need to get my 200 :) back. Sorry :)","author_name":"Lukasz Kwasny","votes":2,"created_at":"2024-12-03T15:36:51Z","canonical_url":"https://wefunder.com/zencastr#question-297318","answers":[]},{"id":278606,"entity_id":"wefunder:comment:278606","question":"Where or when can I receive information about my investment? I think I invested 6-12 months ago. I don't remember. I'm not a knowledgeable stock market person.","author_name":"Derek Short","votes":2,"created_at":"2024-03-13T21:43:37Z","canonical_url":"https://wefunder.com/zencastr#question-278606","answers":[]},{"id":258557,"entity_id":"wefunder:comment:258557","question":"Do you have any updates to share with investors? There has not been an update since the funding round ended in April.","author_name":"Jeff Rauseo","votes":2,"created_at":"2023-08-16T14:19:18Z","canonical_url":"https://wefunder.com/zencastr#question-258557","answers":[{"id":262435,"entity_id":"wefunder:comment:262435","answer":"We've been super busy building out our monetization network as well as launching some exciting new product features. A full update should be sent out via email early next week. Stay tuned.","author_name":"Josh Nielsen","votes":1,"created_at":"2023-09-15T19:57:48Z"}]},{"id":231645,"entity_id":"wefunder:comment:231645","question":"1) What's your competitive advantage over other companies that appear to be doing the same thing (e.g., Podetize)? 2) Like others, I find the burn rate frightening in light of your cash on hand. Bearing in mind that we're in a challenging economic environment that may make fundraising difficult, what can you get the burn rate down to if you pull every expense-reduction lever at your disposal?","author_name":"Kevin Hardman","votes":2,"created_at":"2023-01-19T00:31:30Z","canonical_url":"https://wefunder.com/zencastr#question-231645","answers":[{"id":231798,"entity_id":"wefunder:comment:231798","answer":"Hey Kevin, It looks like Podetize is primarily a podcast hosting company that sells human-powered postproduction services for thousands of additional dollars. The signals we are seeing from the market is that there is very strong demand for an all-in-one solution for podcasters that includes creation, hosting, promotion, and monetization at a price that is accessible for beginners. This is what we have built and how we differentiate. We are actively working to reduce burn by way of cost cutting/consolidation and opening up new revenue channels like programmatic advertising. We estimate we can reduce burn to around $100k in the near term with a path to profitability.","author_name":"Josh Nielsen","votes":1,"created_at":"2023-01-20T19:51:36Z"}]},{"id":229275,"entity_id":"wefunder:comment:229275","question":"Hey Josh I have actually used the platform and am curious about a tiny detail to my right the Valuation Cap of 33M was scraped for 28M what is the reasoning there?","author_name":"Dan Nyabadza","votes":2,"created_at":"2022-12-22T14:12:57Z","canonical_url":"https://wefunder.com/zencastr#question-229275","answers":[{"id":229296,"entity_id":"wefunder:comment:229296","answer":"Hey Dan, We wanted to make sure our early supporters get a great deal with a discount on the full valuation. Once the campaign launches out of the early bird phase, the valuation will be 33m.","author_name":"Josh Nielsen","votes":3,"created_at":"2022-12-22T17:27:36Z"}]},{"id":229052,"entity_id":"wefunder:comment:229052","question":"does investing mean being part of the Zencaster Creator Network?","author_name":"Urna Bajracharya","votes":2,"created_at":"2022-12-20T03:20:47Z","canonical_url":"https://wefunder.com/zencastr#question-229052","answers":[{"id":229086,"entity_id":"wefunder:comment:229086","answer":"Hi Urna, We’d welcome your support in our crowdfund and appreciate your interest in joining the Zencastr Creator Network! Currently investing in this crowdfund is not tied to ZCN membership. If you could please reach out to the ZCN team via email at creatornetwork@zencastr.com, I’ve let them know of your interest and they’d love to get you more information on our programs, as well as next steps on joining! Your support is truly appreciated! Josh","author_name":"Josh Nielsen","votes":2,"created_at":"2022-12-20T16:42:43Z"}]},{"id":321909,"entity_id":"wefunder:comment:321909","question":"What is going on with this company??? It's incredibly disrespectful to investors that we haven't heard anything in over 2 years.","author_name":"Martin McGrath","votes":1,"created_at":"2025-12-27T16:56:45Z","canonical_url":"https://wefunder.com/zencastr#question-321909","answers":[]},{"id":262362,"entity_id":"wefunder:comment:262362","question":"So, investors, what do you think about Zencastr not sending news anymore? How can we recover our money?","author_name":"Marco Fantasia","votes":1,"created_at":"2023-09-15T12:13:00Z","canonical_url":"https://wefunder.com/zencastr#question-262362","answers":[{"id":262434,"entity_id":"wefunder:comment:262434","answer":"Apologies, we have been heads down on a lot of new product enhancements. An update is going out this weekend or early next week. Stay tuned!","author_name":"Josh Nielsen","votes":2,"created_at":"2023-09-15T19:56:13Z"}]},{"id":239670,"entity_id":"wefunder:comment:239670","question":"Hey Josh, really like the founding team, your product \u0026amp; it's position in the market. Could you update me on some numbers please? What is current ARR, Number of Users, 2022 growth rate, forecasted revenue + burn for this year? Net dollar retention rate \u0026amp; LTV/CAC. What is the current headcount, how many developers, how many sales reps? Looking at sizeable investment, these numbers would be greatly appreciated! My apologies for asking for so much information!","author_name":"Scott Reid","votes":1,"created_at":"2023-03-22T06:26:39Z","canonical_url":"https://wefunder.com/zencastr#question-239670","answers":[{"id":240851,"entity_id":"wefunder:comment:240851","answer":"Hey Scott, Thank you for the interest. Current ARR: $2m Number of active hosts: 30k Number of active creators: \u0026gt;150k (guests and cohosts included) We project that we can match and surpass our $2m ARR with another $2m+ in ad revenue over the next twelve months. We have reduced our monthly burn to ~$80k and have a path to profitability over the next few months. LTV: $382 Headcount: 26 (11 engineers, 4 sales reps, rest is product, ops, and support) I hope that helps!","author_name":"Josh Nielsen","votes":1,"created_at":"2023-03-29T03:35:41Z"}]},{"id":238166,"entity_id":"wefunder:comment:238166","question":"What was the total 2022 revenue?","author_name":"Gabriel Jarrosson","votes":1,"created_at":"2023-03-09T14:22:12Z","canonical_url":"https://wefunder.com/zencastr#question-238166","answers":[{"id":238262,"entity_id":"wefunder:comment:238262","answer":"Hey Gabriel, Thanks for the questions. We made ~$2.2m. In 2022 were heavily focused on product expansion in order to build the foundation for the monetization network that we launched this week. Thousands of creators have joined and our list of brands is growing fast!","author_name":"Josh Nielsen","votes":0,"created_at":"2023-03-10T05:57:07Z"}]},{"id":230631,"entity_id":"wefunder:comment:230631","question":"I am a host on NBN and interested in investing. What is the range of investment amounts?","author_name":"Brigid Wallace","votes":1,"created_at":"2023-01-07T16:35:47Z","canonical_url":"https://wefunder.com/zencastr#question-230631","answers":[{"id":230711,"entity_id":"wefunder:comment:230711","answer":"Hi Brigid, Congratulation on your success at NBN! In this crowdfund the minimum investment is $100 and there is no maximum. We'd love to have you onboard!","author_name":"Josh Nielsen","votes":1,"created_at":"2023-01-08T20:17:51Z"}]},{"id":230628,"entity_id":"wefunder:comment:230628","question":"What is your plan to IPO? How long do you predict it will take to get there?","author_name":"Kayla Iacovino","votes":1,"created_at":"2023-01-07T14:58:22Z","canonical_url":"https://wefunder.com/zencastr#question-230628","answers":[{"id":230733,"entity_id":"wefunder:comment:230733","answer":"We expect to spend the next several years expanding our dominance in the podcasting space as a private company. It is hard to make a prediction about timeline for IPO as there are a lot of variables and other ways the story could play out such as a strategic acquisition.","author_name":"Josh Nielsen","votes":2,"created_at":"2023-01-09T04:15:15Z"}]},{"id":230590,"entity_id":"wefunder:comment:230590","question":"Not sure if this is a dumb question but at $28M valuation, what's the strike price?","author_name":"Quoc Duong","votes":1,"created_at":"2023-01-07T02:02:31Z","canonical_url":"https://wefunder.com/zencastr#question-230590","answers":[{"id":230732,"entity_id":"wefunder:comment:230732","answer":"Hey Quoc, A strike price is generally associated with a stock option package where you would have the option to buy equity at a later date. In this case, you would be purchasing equity using a SAFE. You can see the full details on how a SAFE works here: https://wefunder.com/updates/139885-safes-101","author_name":"Josh Nielsen","votes":0,"created_at":"2023-01-09T04:12:58Z"}]}],"faq":[{"question":"does investing mean being part of the Zencaster Creator Network?","answer":"Hi Urna, We’d welcome your support in our crowdfund and appreciate your interest in joining the Zencastr Creator Network! Currently investing in this crowdfund is not tied to ZCN membership. If you could please reach out to the ZCN team via email at creatornetwork@zencastr.com, I’ve let them know of your interest and they’d love to get you more information on our programs, as well as next steps on joining! Your support is truly appreciated! Josh"},{"question":"What are the details of the $500k loan to the CPO and the $1MM loan to the CEO that were listed in the financial disclosures?","answer":"Hi David, Our fundraise in 2020 was massively oversubscribed so the founders sold some of their personal equity. We did this by way of loans that are backed by founder equity. *edit: these loans have now been paid back and are no longer on Zencastr's books."},{"question":"Hey Josh I have actually used the platform and am curious about a tiny detail to my right the Valuation Cap of 33M was scraped for 28M what is the reasoning there?","answer":"Hey Dan, We wanted to make sure our early supporters get a great deal with a discount on the full valuation. Once the campaign launches out of the early bird phase, the valuation will be 33m."},{"question":"I don't understand this. Is this like an IPO?","answer":"Hi Diane, There are a fair bit of differences between an IPO and Crowdfund. The crowdspace did a great writeup on the differences here https://thecrowdspace.com/blog/ipo-vs-equity-crowdunding/"},{"question":"At the current burn rate ($175k/mo if I'm not mistaken) the current round will only provide 10 months of runway. How do you plan to extend it? What are your sales/burn projections for next year? Thanks","answer":"We generally aim for 10 - 12 months of runway when fundraising as we have a path to increasing growth and revenue to the point where we can raise our next round in ~6 months."}]}}}