HowStuffWorks has been spun out from System1, raising $15m in a series A round led by Raine Group.
US-based market research company System1 spun out podcasting company HowStuffWorks yesterday with a $15m series A round led by merchant bank Raine Group.
The company has not named any additional investors.
HowStuffWorks operates a podcast network that currently includes 14 shows, which have amassed a combined one billion downloads to date.
The money will go towards talent recruitment and content creation, both in the form of podcasts and other, unspecified mediums across a range of verticals, including history, science, lifestyle…
