Iono Broadcasting (Pty) Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Iono Broadcasting (Pty) Ltd. - overview

Established

2008

Location

Cape Town, -, South Africa

Primary Industry

Media

About

Iono Broadcasting (Pty) Ltd. is an innovative online audio platform providing podcast and live radio streaming services, enabling creators and businesses to manage audio content effectively and monetize their offerings. Founded in 2008 in Cape Town, South Africa, Iono Broadcasting (Pty) Ltd. specializes in online audio streaming.


The company has secured a total of two deals, with the latest funding round occurring on December 20, 2017, when Clifftop Colony Capital Partners led a ZAR 4 million investment. The company has not indicated any significant pivots or changes in its strategy. Iono. fm offers a comprehensive online audio platform focused on podcast and live radio streaming.


Its services cater to diverse users, featuring a modern podcast hosting platform that supports multiple shows and users under a single account. Key features include dynamic ad insertion with country-level geo-targeting, ensuring effective monetization. Additionally, the platform provides a reliable 24/7 radio streaming service with advanced automated monitoring and loudness normalization, primarily aimed at clients in developing markets like Sub-Saharan Africa, accommodating varying data access needs. Iono.


fm generates revenue through subscription models tailored for both commercial and community clients. These flexible monthly packages enable radio stations and content creators to scale their services, facilitating advertising campaigns that suit diverse budgets. Clients subscribe directly to access services and gain insights through detailed listener analytics, enhancing their content strategies and monetization efforts, with podcast hosting and radio streaming as significant revenue streams. The company aims to leverage the ZAR 4 million funding received in December 2017 to enhance its product offerings and expand into new markets.


While specific upcoming products have not been detailed, the funding is expected to support ongoing development and improvements. Iono Broadcasting (Pty) Ltd. has identified opportunities for growth in additional regions, focusing on expanding its services throughout Sub-Saharan Africa and potentially beyond, although no specific timelines have been outlined for these initiatives.


Current Investors

Clifftop Colony Capital Partners

Primary Industry

Media

Sub Industries

Consumer Electronics Stores, Music & Video Streaming Software, Digital Media, Music Production & Distribution, Radio Broadcasting & Programming

Website

www.iono.fm

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Iono Broadcasting (Pty) Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedIono Broadcasting (Pty) Ltd.-
AngelCompletedIono Broadcasting (Pty) Ltd.-

Displaying 1 - 2 of 2

Iono Broadcasting (Pty) Ltd. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.