About Better World Books
Better World Books is a company based in Mishawaka (United States) founded in 2003 was acquired by Archive in November 2019.. Better World Books has raised $20 million across 2 funding rounds from investors including Internet Archive and Travis.vc. The company has 152 employees as of December 31, 2022. Better World Books operates in a competitive market with competitors including Thrift Books, Shortboxed, PangoBooks, Bookbot and Discover Books, among others.
- Headquarter Mishawaka, United States
- Employees 152 as on 31 Dec, 2022
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
May 10, 2016
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Investors
Internet Archive
& 1 more
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Employee Count
152
as on Dec 31, 2022
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Acquired by
Archive
(Nov 07, 2019)
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Funding Insights of Better World Books
Better World Books has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $18.0M
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First Round
First Round
(01 Apr 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series B - Better World Books | Valuation |
investors |
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| Apr, 2008 | Amount | Series A - Better World Books | Valuation |
investors |
| 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 Better World Books
Better World Books has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Internet Archive and Travis.vc. 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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A blog and newsletter platform focused on financial insights is operated.
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Founded Year | Domain | Location | |
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Digital libraries and web archives are preserved for public access.
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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 Better World Books
| 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 - Better World Books
| 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 |
Better World Books Comparisons
Competitors of Better World Books
Better World Books 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 Thrift Books, Shortboxed, PangoBooks, Bookbot and Discover Books, 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 |
Online retailer of used books
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| domain | founded_year | HQ Location |
App based comic book marketplace
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| domain | founded_year | HQ Location |
Online platform for trading used books through apps and websites.
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| domain | founded_year | HQ Location |
Second-hand books in various genres are offered online.
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| domain | founded_year | HQ Location |
Used books reseller
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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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Frequently Asked Questions about Better World Books
When was Better World Books founded?
Better World Books was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Where is Better World Books located?
Better World Books is headquartered in Mishawaka, United States. It is registered at Mishawaka, Indiana, United States.
Is Better World Books a funded company?
Better World Books is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Apr 01, 2008.
How many employees does Better World Books have?
As of Dec 31, 2022, the latest employee count at Better World Books is 152.
What does Better World Books do?
Founded in 2003 and based in Mishawaka, United States, the company operates in the online retail sector focused on book resale. Pre-owned and new books are sold through the platform, with proceeds directed toward non-profit literacy programs. Unsuitable books are recycled for partner use or environmental purposes. Operations emphasize sustainable book distribution across global markets via the domain betterworldbooks.com.
Who are the top competitors of Better World Books?
Better World Books's top competitors include Thrift Books, Bookbot and Shortboxed.
Who are Better World Books's investors?
Better World Books has 2 investors. Key investors include Internet Archive, and Travis.vc.
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