Kobo

Toronto, Canada Founded: 2009 • Age: 17 yrs Acquired By Rakuten
Provider of app-based reading and self-publishing platform
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About Kobo

Kobo is a company based in Toronto (Canada) founded in 2009 was acquired by Rakuten in November 2011.. Kobo has raised $116 million across 3 funding rounds from investors including Rakuten, CKH LIMITED and Indigo. Kobo has completed 2 acquisitions, including Escapes and tolino.

  • Headquarter Toronto, Canada
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Creator Economy & Social Platforms
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $116 M (USD)

    in 3 rounds

  • Latest Funding Round
    $53 M (USD), Series C

    Apr 19, 2011

  • Investors
    Rakuten

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Escapes

    & 1 more

  • Acquired by
    Rakuten

    (Nov 08, 2011)

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People of Kobo
Headcount 200-500
Employee Profiles 2
Employee Profiles
People
Anna Giagkou
Chief Financial Officer
People
Blair Abercromby
VP Of Finance

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Teams

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Funding Insights of Kobo

Kobo has successfully raised a total of $116M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $53 million completed in April 2011. 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 Rounds 3
  • Last Round Series C — $53.0M
  • First Round

    (06 Jul 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2011 Amount Series C - Kobo Valuation

investors

Mar, 2011 Amount Series C - Kobo Valuation

investors

Jul, 2010 Amount Series B - Kobo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Kobo

Kobo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Rakuten, CKH LIMITED and Indigo. 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.

All
Institutional
Investor Description Founded Year Domain Location
Stationery products are retailed by Indigo in Canada.
Founded Year Domain Location
Ports, retail, infrastructure, energy, and telecommunications are operated worldwide.
Founded Year Domain Location
Internet services in e-commerce, finance, and digital content are operated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kobo

Kobo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Escapes and tolino. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A travel blog is operated to inspire adventure seekers.
2006
Ebooks and audiobooks are retailed via a mobile application.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Kobo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kobo Comparisons

Employees
+
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Competitors of Kobo

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kobo

Frequently Asked Questions about Kobo

When was Kobo founded?

Kobo was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Kobo located?

Kobo is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of Kobo?

Michael Tamblyn is the current CEO of Kobo.

Is Kobo a funded company?

Kobo is a funded company, having raised a total of $116M across 3 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jul 06, 2010.

What does Kobo do?

Kobo was founded in 2009 in Toronto, Canada, as a provider in the digital publishing sector. A self-publishing platform called Kobo Writing Life is offered to authors for digital distribution of their works. Content is made available via a companion app compatible with Android and iOS devices. Real-time sales tracking is enabled through an integrated analytics suite. Support is extended to multiple languages, such as German, Spanish, Italian, and Portuguese.

How many acquisitions has Kobo made?

Kobo has made 2 acquisitions, including Escapes, and tolino.

Who are Kobo's investors?

Kobo has 3 investors. Key investors include Rakuten, CKH LIMITED, and Indigo.

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