Profile
Corporate information
Registration country
Registration country
Investment activity status
Active investor
Company type
Digital publishing platform that uses a unique algorithm to predict book success and connects popular manuscripts with publishers.Overview
Inkitt is the world’s first data-powered book publisher. The platform’s purpose is to find stories that have the potential to become future bestsellers and get them published through one of the platforms’ partners. Inkitt has developed an algorithm that can predict future book success by analyzing the behavior of early readers that get access to pre-published novels on the platform. Inkitt has grown its platform to over 50,000 authors and over 1 million readers in less than three years. In 2017, out of the 37 books the platform has published, 24 have become Amazon Bestsellers with 20 making the Amazon top 100; a 65% hit rate that most publishers can only dream of.
Funding
Funding rounds
(31 Dec 2015)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Speedinvest | Early-stage European venture capital firm. | Austria | Oliver Holle |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Frontline Ventures | Venture capital firm focusing on pre-seed and seed investments in B2B companies. | United Kingdom |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Redalpine Venture Partners AG | Seed and early-stage venture capital firm investing in disruptive technologies with focus on highly scalable ICT and Health Tech models. | Switzerland |
Cap Table
Current and past shareholders
| Investor | Round | |
|---|---|---|
|
|
Frontline Ventures Venture capital firm focusing on pre-seed and seed investments in B2B companies. |
N/A |
|
|
Redalpine Venture Partners AG Seed and early-stage venture capital firm investing in disruptive technologies with focus on highly scalable ICT and Health Tech models. |
N/A |
|
|
Speedinvest Early-stage European venture capital firm. |
N/A |