About Fable
Fable is a company based in Palo Alto (United States) founded in 2019 by Padmasree Warrior. Fable has raised $28.8 million across 2 funding rounds from investors including Tiger Global, Redpoint Ventures and Gaingels. Fable operates in a competitive market with competitors including Goodreads, Douban, Glose, Skoob and SageSpot, among others.
- Headquarter Palo Alto, United States
- Founders Padmasree Warrior
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$28.8 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series A
Dec 16, 2021
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Investors
Tiger Global
& 4 more
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Employee Count
Not available
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Funding Insights of Fable
Fable has successfully raised a total of $28.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in December 2021. 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.
Investors in Fable
Fable has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Tiger Global, Redpoint Ventures and Gaingels.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Redpoint Ventures is engaged in venture capital investments.
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Investor details for Fable
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Investments & Acquisitions by Fable
Investment portfolio details for Fable
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Financial Statements - Fable
Detailed financials for Fable
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Fable Comparisons
Peer comparison for Fable
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Competitors of Fable
Fable 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 Goodreads, Douban, Glose, Skoob and SageSpot, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Reading progress and reviews are shared by book enthusiasts online.
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Online community platform for book enthusiasts
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E-books are read and annotated socially on the Glose platform.
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A platform is provided for book enthusiasts to connect.
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Provider of community marketing solutions
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Detailed competitors of Fable
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Latest news on Fable
Complete news archive for Fable
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Frequently Asked Questions about Fable
Fable was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Fable is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Padmasree Warrior is the current CEO of Fable. They have also founded this company.
Fable is a funded company, having raised a total of $28.8M across 2 funding rounds to date.
Fable was founded in 2019 in Palo Alto, United States, within the digital reading sector. An app-based platform is operated to deliver multiple stories for users. Reading clubs are facilitated with influencers or friends for digital natives. Books are curated and summarized to support engagement. Content focused on mental health wellness is provided. Availability is ensured on Android and iOS devices.
Fable has 5 investors. Key investors include Tiger Global, Redpoint Ventures, Gaingels, defy vc, and Breyer Capital.