About iUniverse
iUniverse is a company based in Indianapolis (United States) founded in 1999 by Richard Tam was acquired by Author Solutions in September 2007.. iUniverse has raised $39 million across 2 funding rounds from investors including Warburg Pincus and Author Solutions. iUniverse offers products and services including Publishing Packages and Editor's Choice Program.
- Headquarter Indianapolis, United States
- Founders Richard Tam
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Phone
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Website
*********
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Social
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- Legal Name Iuniverse
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39 M (USD)
in 2 rounds
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Latest Funding Round
$18 M (USD), Series B
Oct 15, 2001
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Investors
Warburg Pincus
& 1 more
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Employee Count
Employee Count
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Acquired by
Author Solutions
(Sep 06, 2007)
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Products & Services of iUniverse
iUniverse offers a comprehensive portfolio of products and services, including Publishing Packages and Editor's Choice Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Packages that combine editing, designing, and marketing features are offered to authors to create professional books.
Books are selected and promoted to agents and booksellers to highlight their editorial quality.
Funding Insights of iUniverse
iUniverse has successfully raised a total of $39M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in October 2001. 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 B — $18.0M
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First Round
First Round
(01 Jan 2001)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2001 | Amount | Series B - iUniverse | Valuation |
investors |
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| Jan, 2001 | Amount | Series A - iUniverse | Valuation |
investors |
| 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 iUniverse
iUniverse has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus and Author Solutions. 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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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Self-publishing services are provided through imprints like AuthorHouse and iUniverse.
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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 iUniverse
| 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 - iUniverse
| 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 |
Iuniverse Comparisons
Competitors of iUniverse
| 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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Frequently Asked Questions about iUniverse
When was iUniverse founded?
iUniverse was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is iUniverse located?
iUniverse is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Is iUniverse a funded company?
iUniverse is a funded company, having raised a total of $39M across 2 funding rounds to date. The company's 1st funding round was a Series A of $21M, raised on Jan 01, 2001.
What does iUniverse do?
iUniverse was founded in 1999 in Indianapolis, United States, by Richard Tam. Accounting services are offered online to businesses and professionals, including company formation, transitions from MEI to ME, and tailored solutions for various sectors. Tools for invoice generation, tax simulations, and financial management are included in the platform. Support is available through phone, email, and chat channels. A web application is provided for integrated financial and accounting operations.
What products or services does iUniverse offer?
iUniverse offers Publishing Packages and Editor's Choice Program.
Who are iUniverse's investors?
iUniverse has 2 investors. Key investors include Warburg Pincus, and Author Solutions.