About Discover Books
Discover Books is a company based in Lakewood (United States) founded in 2004.. Discover Books has raised $8.5 million across 1 funding round from investors including QuestMark Partners. Discover Books has completed 1 acquisition, including Bigheartedbooks. Discover Books operates in a competitive market with competitors including Thrift Books, Better World Books, Shortboxed, Bookbot and PangoBooks, among others.
- Headquarter Lakewood, United States
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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
$8.5 M (USD)
in 1 rounds
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Latest Funding Round
$8.5 M (USD), Private Equity Round
Jan 03, 2011
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Discover Books
Discover Books has successfully raised a total of $8.5M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $8.5 million completed in January 2011. 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 1
- Last Round Private Equity Round — $8.5M
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First Round
First Round
(03 Jan 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2011 | Amount | Private Equity Round - Discover Books | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Discover Books
Discover Books has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include QuestMark Partners. 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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Expansion stage tech-focused VC firm investing primarily in the US
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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 Discover Books
Discover Books has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bigheartedbooks. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online platform for books is operated by Bigheartedbooks.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Discover 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 |
Discover Books Comparisons
Competitors of Discover Books
Discover 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, Better World Books, Shortboxed, Bookbot and PangoBooks, 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 |
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| domain | founded_year | HQ Location |
Online retailer of used books
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| domain | founded_year | HQ Location |
Online resellers of pre-owned and new books
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| domain | founded_year | HQ Location |
App based comic book marketplace
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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 |
Online platform for trading used books through apps and websites.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Discover Books
When was Discover Books founded?
Discover Books was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Where is Discover Books located?
Discover Books is headquartered in Lakewood, United States.
Is Discover Books a funded company?
Discover Books is a funded company, having raised a total of $8.5M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $8.5M, raised on Jan 03, 2011.
What does Discover Books do?
Discover Books is an online reselling company which redistributes, resells, donates, and recycles used books. It sources used books from thrift stores, library discards, curbside pick-up, and collection boxes. They are then re-distributed through online retailers or offline charities. It provides free shipping throughout the US.
Who are the top competitors of Discover Books?
Discover Books's top competitors include Thrift Books, Better World Books and Bookbot.
How many acquisitions has Discover Books made?
Discover Books has made 1 acquisition, including Bigheartedbooks.
Who are Discover Books's investors?
Discover Books has 1 investor. Key investors include QuestMark Partners.
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