Inkitt is a digital publishing platform that uses a computer algorithm to predict book success based on reader behavior.
At Inkitt, we believe that every author should have an equal chance to succeed. Our mission is to discover hidden talents from all around the world and turn them into globally successful authors. Inkitt is a pioneer at the forefront of Data Driven Publishing. Using an analytic and objective approach, we’ve discovered hundreds of talented authors around the world with over 50% of our published authors achieving $100,000+ in sales. We have forever changed the traditional publishing model by inventing an algorithm which analyzes users' reading behavior to identify hits, in turn removing subjectivity from the equation. This gives Inkitt the unique ability to discover hidden talents that might otherwise have gone unnoticed. At present, we are an international team of 85 passionate and dedicated inventors and entrepreneurs and we are growing quickly.We invent new solutions to problems we encounter, as opposed to simply iterating upon existing solutions.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 28, 2022 | Series Unknown | — | 1 | Henry Kravis | — | Detail |
Oct 4, 2021 | Series B | $59M | 8 | New Enterprise Associates | — | Detail |
Aug 28, 2019 | Series A | $16M | 7 | Kleiner Perkins | — | Detail |
Sep 25, 2017 | Seed | $3.90M | 5 | Redalpine | — | Detail |
Nov 15, 2015 | Seed | $1.10M | 14 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Henry Kravis | Yes | Series Unknown |
New Enterprise Associates | Yes | Series B |
Speedinvest | — | Series B |
Axel Springer | — | Series B |
HV Capital | — | Series B |
Kleiner Perkins | — | Series B |
Michael Lynton | — | Series B |
Redalpine | — | Series B |
Stefan von Holtzbrinck | — | Series B |
Earlybird Venture Capital | — | Series A |