About Audiobooks
Audiobooks is a company based in Burlington (Canada) founded in 2012 was acquired by Storytel in November 2021.. Audiobooks operates in a competitive market with competitors including Audible, Storytel, Podimo, Yoto and Fonos, among others.
- Headquarter Burlington, Canada
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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Software Development Team
39 people
Sales and Marketing
28 people
Product Management Team
20 people
Leadership Team
14 people
Global Team
13 people
Head Team
10 people
Creative and Marketing Team
8 people
Country Team
7 people
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Funding Insights of Audiobooks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Audiobooks
Audiobooks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Storytel and RBmedia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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App-based subscription platform for e-books
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Audio and digital media distribution technology services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Audiobooks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Audiobooks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Audiobooks Comparisons
Competitors of Audiobooks
Audiobooks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Audible, Storytel, Podimo, Yoto and Fonos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital audiobooks are produced and streamed via a SaaS platform.
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| domain | founded_year | HQ Location |
App-based subscription platform for e-books
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| domain | founded_year | HQ Location |
Podcasts and audiobooks are provided through a creator-focused audio platform.
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| domain | founded_year | HQ Location |
Audio-based learning solutions with stories and music are provided.
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| domain | founded_year | HQ Location |
Multi-genre audiobooks are delivered via an app-based platform.
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| domain | founded_year | HQ Location |
Multi-genre audiobooks are delivered via a SaaS platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Audiobooks
Frequently Asked Questions about Audiobooks
When was Audiobooks founded?
Audiobooks was founded in 2012.
Where is Audiobooks located?
Audiobooks is headquartered in Burlington, Canada. It is registered at Burlington, Ontario, Canada.
What does Audiobooks do?
Founded in 2012 in Burlington, Canada, Audiobooks operates within the digital media sector. Streaming and downloading of audiobooks are enabled through an Internet-connected platform accessible on smartphones, tablets, and PCs, including iOS and Android devices. Gift coupons are also provided alongside the audiobook library, supporting on-demand consumption for users in various regions.
Who are the top competitors of Audiobooks?
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