About Discovereads
Discovereads is a Media & Entertainment company based in United States founded in 2009, and was acquired by Goodreads in March 2011. Book recommendations are delivered via an online discovery platform. The company was acqui-hired. Its focus areas include Book Tech and Book Recommendation Platforms. Its competitors include LitCharts and Tertulia.
Company details
Discovereads was established in 2009 in the United States as an online platform focused on the literature discovery sector. Book recommendations are provided to users through web-based tools on discovereads.com. Operations center on facilitating access to reading suggestions, with services tailored for individual preferences. The platform supports user exploration of books without physical retail involvement, emphasizing digital solutions in the publishing industry.
- Headquarters United States
- Stage Acquired
- SectorsMedia & Entertainment
- Website discovereads.com
- Acquired by Goodreads (Mar 2011)
Investors in Discovereads
Discovereads has secured backing from 1 investor. Prominent investors backing the company include Goodreads.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Reading progress and reviews are shared by book enthusiasts online. | 2007 | goodreads.com | San Francisco, United States |
Investor details for Discovereads
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Timeline of Discovereads
2 dated milestones of Discovereads across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Discovereads is founded.
- Exit Acquired by Goodreads.
Competitors of Discovereads
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| litcharts.com | 2008 | New York, United States | Literary guides and resources are provided online by LitCharts. | |||
| tertulia.com | 2021 | Brooklyn, United States | App-based platform for reading books in various genres is provided. |
Detailed competitors of Discovereads
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Top companies in Book & Digital Reading Platforms
3 companies that operate in the same segment as Discovereads (Book & Digital Reading Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital audiobooks are produced and streamed via a SaaS platform. | 1995 | Newark, New Jersey, United States | USD 6 M | |||
Rental books and homework help are provided to university students. | 2005 | Santa Clara, California, United States | USD 205.99 M | USD 376.91 M | 1,270 | |
SaaS-based book reading platform | 2006 | San Francisco, California, United States | USD 105.24 M |
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Frequently Asked Questions about Discovereads
Discovereads was founded in 2009.
Discovereads is headquartered in United States.
Discovereads was established in 2009 in the United States as an online platform focused on the literature discovery sector. Book recommendations are provided to users through web-based tools on discovereads.com. Operations center on facilitating access to reading suggestions, with services tailored for individual preferences. The platform supports user exploration of books without physical retail involvement, emphasizing digital solutions in the publishing industry.
Discovereads has 1 investor. Key investors include Goodreads.
Yes. Discovereads was acquired by Goodreads in March 2011.