

Crunchbase data shows its backers included Accel, GV, Homebrew and (again) Betaworks. Gimlet raised $28.5 million from investors that included Stripes Group, WPP, Betaworks and Lowercase Capital, according to Crunchbase.Īnchor, meanwhile, raised $14.4 million. Those numbers represent an impressive return for the investors involved, particularly those who backed the companies at seed stage. Kafka previously reported that Spotify paid around $200 million for Gimlet, which, if correct, would mean Anchor fetched the remaining $140 million.

That’s according to an SEC filing - hat-tip Recode’s Peter Kafka - which reveals that the transactions were “primarily in cash,” Spotify said. Those acquisitions were initially undisclosed, but Spotify has quietly confirmed that it spent €300 million, just shy of $340 million, to capture the companies. Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor.
