About Inkitt
Inkitt is a company based in San Francisco (United States) founded in 2013 by Denis Stepanov and Ali Albazaz. Inkitt has raised $115.9 million across 6 funding rounds from investors including Kleiner Perkins, Khosla Ventures and National Education Association. The company has 184 employees as of April 07, 2024. Inkitt operates in a competitive market with competitors including Pratilipi, Pronoun, Blurb, MatruBharti and Juggernaut, among others.
- Headquarter San Francisco, United States
- Employees 184 as on 07 Apr, 2024
- Founders Denis Stepanov, Ali Albazaz
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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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- Jurisdiction Savli, Gujarat, India
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Annual Revenue
$23.74 M (USD)57.55as on Mar 31, 2023
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Net Profit
$3.13 M (USD)3125.29as on Mar 31, 2023
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EBITDA
$3.63 M (USD)3206.28as on Mar 31, 2023
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Total Equity Funding
$115.9 M (USD)
in 6 rounds
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Latest Funding Round
$37 M (USD), Series C
Feb 27, 2024
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Investors
Kleiner Perkins
& 17 more
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Employee Count
184
as on Apr 07, 2024
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Funding Insights of Inkitt
Inkitt has successfully raised a total of $115.9M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $37 million completed in February 2024. 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 Inkitt
Inkitt has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kleiner Perkins, Khosla Ventures and National Education Association.
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Early-stage investments are directed toward ICT and health tech startups.
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Investor details for Inkitt
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Investments & Acquisitions by Inkitt
Investment portfolio details for Inkitt
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Financial Statements - Inkitt
Detailed financials for Inkitt
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Inkitt Comparisons
Peer comparison for Inkitt
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Competitors of Inkitt
Inkitt 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 Pratilipi, Pronoun, Blurb, MatruBharti and Juggernaut, among others.
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Platform connecting readers and writers, offering digital literature in multiple languages
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A digital book publishing platform
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Book publishing software and Saas
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App-based self-publishing platform for vernacular e-books is operated.
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Authors' writings are uploaded and automatically published via mobile platform.
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Detailed competitors of Inkitt
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Latest news on Inkitt
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Frequently Asked Questions about Inkitt
Inkitt was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Inkitt is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ali Albazaz is the current CEO of Inkitt. They have also founded this company.
Inkitt is a funded company, having raised a total of $115.9M across 6 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Inkitt is 184.
Annual revenue of Inkitt is $23.74M as on Mar 31, 2023.
Inkitt was founded in 2013 in San Francisco, United States, as an AI-based self-publishing platform in the literary technology sector. Stories are published, shared, and discovered by writers and readers through the platform. Algorithms are utilized to predict potential bestsellers based on user reading patterns. Partnerships with publishing houses are established to facilitate printing of selected top titles. A mobile application is offered for Android users.
Inkitt's top competitors include Pratilipi, MatruBharti and Pronoun.
Inkitt has 18 investors. Key investors include Kleiner Perkins, Khosla Ventures, National Education Association, Axel Springer, and Speedinvest.