About Librify
Librify is a company based in New York (United States) founded in 2013 was acquired by Scribd in June 2015.. Librify operates in a competitive market with competitors including Scribd, KADOKAWA, VoyceMe, OverDrive and Glose, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Librify
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - Librify | Valuation |
investors |
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| Jan, 2014 | Amount | Seed - Librify | Valuation | ICG 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 Librify
Librify has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Scribd, UpVentures Capital and ICG Ventures. 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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Investments are made in technology startups by UpVentures Capital.
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Provides market research services, including data collection, analysis, and reporting.
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SaaS-based book reading platform
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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 Librify
| 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 - Librify
| 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 |
Librify Comparisons
Competitors of Librify
Librify 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 Scribd, KADOKAWA, VoyceMe, OverDrive and Glose, 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 |
SaaS-based book reading platform
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| domain | founded_year | HQ Location |
Ebook library & reading platform
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| domain | founded_year | HQ Location |
Online comic books are delivered in multiple genres.
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| domain | founded_year | HQ Location |
Digital content distribution is facilitated for libraries and schools by OverDrive.
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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 |
Online platform for digital publishing
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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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Frequently Asked Questions about Librify
When was Librify founded?
Librify was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Librify located?
Librify is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Librify do?
Librify is an online subscription service for ebooks. Users pay a monthly fee to get access to the books available on the platform. The platform incorporates the concept of social reading through book clubs, recommendations, reviews, etc. Also offers a Book of the Month Clubstyle subscription service for one discounted e-book a month. The platform works across all devices. Scribd acquired the company in 2013 and plans to utilize the start-ups social features in order to develop a robust social e-reading experience within their own platform.
Who are the top competitors of Librify?
Who are Librify's investors?
Librify has 3 investors. Key investors include Scribd, UpVentures Capital, and ICG Ventures.
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