Discover Books

Lakewood, United States Founded: 2004 • Age: 22 yrs
Used books reseller

About Discover Books

Discover Books is a Media & Entertainment company based in Lakewood (United States) founded in 2004. Used books reseller. Discover Books has raised $8.5 million across 1 funding round from investors including QuestMark Partners. Discover Books has completed 1 acquisition, including Bigheartedbooks. Its focus areas include Book Tech, Book Retail, Second Hand and Inventory Led. Its competitors include Thrift Books, Better World Books and Shortboxed; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics

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 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 $8.5M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $8.5M
  • First Round $8.5M

    (Jan 2011)

  • Investors Count 1

All 1 funding rounds of Discover Books with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2011$8.5MPrivate Equity Round––
Valuation history

1 investors in total: 1 institutional.

Investors in Discover Books

Discover Books has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include QuestMark Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Expansion stage tech-focused VC firm investing primarily in the US
questm.comBaltimore, United States
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Investor details for Discover Books

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Discover Books

7 people are tracked at Discover Books (3 in leadership, 4 in team).

NameRoleGroup
Phil McMullin
Founder; CEOLeadership
Ashley Miller
VP of Human ResourcesLeadership
Thomas Waugh
Director Of OperationsLeadership
Joshua Mannas
NW Market ManagerTeam
Sharon Cuadra
Market ManagerTeam
Tiffany Austin
Operations ManagerTeam
Ronald Matthews
Dock ManagerTeam
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Complete people profiles for Discover Books

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Discover Books

Discover Books has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bigheartedbooks.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
An online platform for books is operated by Bigheartedbooks.
bigheartedbooks.com0Aug 2018β€’β€’β€’β€’
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Complete acquisition details for Discover Books

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of Discover Books

3 dated milestones of Discover Books across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Discover Books is founded.
  2. Funding First funding round of $8.5M.
  3. Acquisition Acquires Bigheartedbooks.

Competitors of Discover Books

Discover Books has 3 listed competitors in our database, 2 of them funded. They include Thrift Books, Better World Books and Shortboxed.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thriftbooks.com2003Tukwila, United States335
Online retailer of used books
betterworldbooks.com2003Mishawaka, United States$20M152
Online resellers of pre-owned and new books
shortboxed.com2019San Francisco, United States$2M
App based comic book marketplace
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Detailed competitors of Discover Books

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Book & Digital Reading Platforms

3 companies that operate in the same segment as Discover Books (Book & Digital Reading Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital audiobooks are produced and streamed via a SaaS platform.
1995Newark, New Jersey, United StatesUSD 6 M
Rental books and homework help are provided to university students.
2005Santa Clara, California, United StatesUSD 205.99 MUSD 376.91 M1,270
SaaS-based book reading platform
2006San Francisco, California, United StatesUSD 105.24 M
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Frequently Asked Questions about Discover Books

Discover Books was founded in 2004 and raised its 1st funding round 7 years after it was founded.

Discover Books is headquartered in Lakewood, United States.

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 2011.

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.

Discover Books's top competitors include Thrift Books, Better World Books and Shortboxed.

Discover Books has made 1 acquisition, including Bigheartedbooks.

Discover Books has 1 investor. Key investors include QuestMark Partners.

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