Dipsea
Acquired3 known investors
Dipsea is a subscription mobile app publishing erotic audio stories written and narrated for a primarily female audience.
Also known as Dipsea Inc. · Dipsea Stories
Investors · 3
Company profile
researched Aug 2026Dipsea operates a mobile application that delivers short-form erotic audio stories, positioned within the women's sexual wellness category. The library contains more than 1,000 stories spanning a range of tropes and characters, produced in-house by a team of writers, editors, directors, narrators and engineers, with content intended to reflect women's perspectives. The company launched its first mobile app in December 2018 with an initial catalogue of 60 stories and expanded the catalogue and format based on early listener feedback about story length, voices and storylines.
The company is headquartered in San Francisco, California, and is categorized in media production. In September 2024 subscription management platform RevenueCat acquired Dipsea, with coverage describing the app as a test ground for RevenueCat's own subscription features.
Founding story
Co-founders Faye Keegan and Gina Gutierrez were roommates in San Francisco when they began exploring the idea. Keegan graduated from Dartmouth in 2012, worked on Bridgewater Associates' investment team and then became a product manager at fintech startup Neighborly, while Gutierrez drew inspiration from audio apps such as Headspace and Calm. Both were interested in women's sexual wellness and observed that no one had taken a product-first approach to the field; after product and market research they left their jobs to build the company. Early fundraising met skepticism from investors, with the first check coming from Eric Stromberg at Bedrock, who had a background in audiobooks and romance genres.
Business model
Dipsea sells access to its audio story catalogue through a consumer subscription in its mobile app.
Recurring consumer subscription revenue from app users; estimated annual revenue in the $1M-$10M range as of July 2026 per a third-party business data provider.
Traction
325,000 app downloads in 2019 after one year in business; a library of more than 1,000 stories; approximately 24 employees and estimated revenue of $1M-$10M as of July 2026.
Latest developments
RevenueCat acquired Dipsea in September 2024, with press coverage describing the app as a proving ground for RevenueCat's subscription management features.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Described as a leading app in the women's audio erotica niche, having positioned itself as an audio platform for women's sexual wellness.
In-house production of original audio stories across many tropes and characters, written and voiced to reflect women's perspectives, rather than licensing existing catalogues.
Technology
Consumer mobile application delivering audio stories; reported web and marketing technology includes Reddit Ads, Adobe and Adobe Creative Suite, Firebase, ScrollReveal, Mautic, Priority Hints and reCAPTCHA.
Go-to-market
Direct-to-consumer distribution through its mobile app and subscription sign-ups, supported by paid channels such as Reddit Ads, marketing automation, podcast appearances and promotional discount codes.
Adult listeners seeking on-demand erotic audio content, primarily women.
Geography
Headquartered in San Francisco, California, with staff reported across North America, Europe and Asia.
History
Dipsea was founded in 2018 and launched its mobile app in December 2018 with 60 stories. It raised $5.5 million in seed funding announced in February 2019, and reported 325,000 app downloads in 2019, its first year in business. A further round of $8.2 million was reported in April 2021. In September 2024, RevenueCat acquired the company.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsSubscription management platform RevenueCat acquired Dipsea, an app offering subscriptions for audio erotica, as a test ground for RevenueCat's features.
Reported funding round of $8.2 million, the company's most recent round.
$8.2M source ↗
San Francisco-based Dipsea, an app selling erotic short stories for women via subscription, raised $5.5 million in seed funding.
$5.5M source ↗
Dipsea launched its erotic audio story mobile app in December 2018, starting with 60 total stories.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- The Dipsea Racedipsea.org · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Dipsea do?
- Dipsea is a subscription mobile app publishing erotic audio stories written and narrated for a primarily female audience.
- Who are Dipsea's investors?
- Dipsea's investors include Kindred Ventures, Worklife Ventures, XYZ Venture Capital.