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
***********
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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
$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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $20.0M
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First Round
First Round
(03 Aug 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Fable | Valuation | Tiger Global Management | |
| Aug, 2020 | Amount | Seed - Fable | Valuation | Redpoint Ventures |
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| 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 Fable
Fable has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Tiger Global, Redpoint Ventures and Gaingels. 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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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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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 Fable
| 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 - Fable
| 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 |
Fable Comparisons
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. 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 |
Reading progress and reviews are shared by book enthusiasts online.
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| domain | founded_year | HQ Location |
Online community platform for book enthusiasts
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| domain | founded_year | HQ Location |
E-books are read and annotated socially on the Glose platform.
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| domain | founded_year | HQ Location |
A platform is provided for book enthusiasts to connect.
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| domain | founded_year | HQ Location |
Provider of community marketing solutions
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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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Latest news on Fable
Frequently Asked Questions about Fable
When was Fable founded?
Fable was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Fable located?
Fable is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Fable?
Padmasree Warrior is the current CEO of Fable. They have also founded this company.
Is Fable a funded company?
Fable is a funded company, having raised a total of $28.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $8.8M, raised on Aug 03, 2020.
What does Fable do?
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.
Who are Fable's investors?
Fable has 5 investors. Key investors include Tiger Global, Redpoint Ventures, Gaingels, defy vc, and Breyer Capital.
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