About LitRes
LitRes is a Media & Entertainment company based in Moscow (Russia) founded in 2005. It operates as an ebooks are retailed online by LitRes in Russia. LitRes has raised $5 million across 2 funding rounds from investors including Ozon. LitRes has completed 1 acquisition, including EDRK. Its chief executive is Sergey Anuriev. Its website litres.ru draws about 25.8 million monthly visits. Its focus areas include Book Tech and eBook Aggregator. Its competitors include De Marque, RIDI, Open Road Integrated Media, BiblioOnDemand and Rawialkotob and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
LitRes, founded in 2005 is one of the leading retailers of ebooks in Russia. It is the winner of Runet Award 2014. It has a collection of more than 750,000 e-books in Russian and foreign languages, among which about 25 000 are free books. Each month, the company provides a new catalog of more than 2000 books. LitRes deals with the largest publishing houses in Russia (Eksmo, AST, Ripol Classic, myth, Azbuka-Atticus, Peter et al.) and many leading authors.The company has also developed an ebook reading applications LitRes.
Apps and channels of LitRes
its YouTube channel ЛитРес. Аудиокниги has 200 subscribers and 3 videos.
Videos from LitRes
The most watched videos on LitRes's YouTube channel, ЛитРес. Аудиокниги (200 subscribers). Click a video to play it here.
More on ЛитРес. Аудиокниги.
Funding Insights of LitRes
LitRes has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in October 2019. 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 $5M
- Total Rounds 2
- Last Round Series A — $5M
- Investors Count 1
All 2 funding rounds of LitRes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2019 | $5M | Series A | – | – | – |
| Jun 2014 | – | Series A | – | Ozon | – |
1 investors in total: 1 institutional.
Investors in LitRes
LitRes has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ozon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace. | 1998 | ozon.ru | Moscow, Russia |
Investor details for LitRes
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People of LitRes
13 people are tracked at LitRes (8 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Sergey Anuriev | CEO | Leadership |
Михаил Горбань | Head of Commercial Partnerships | Leadership |
Irina Lubeznikova Graaf | Deputy CEO for Marketing - Business Units LitRes/ MyBook/ LiveLib | Leadership |
Julia Kim | Marketing Director - Ebook and audiobook subscription service | Leadership |
Daria Malkova | Head of PR | Leadership |
Maria Potapova | Partner Account Manager | Leadership |
Roman Mitrofanov | Head Of Acquisition Department | Leadership |
Aleksandr Golovkin | Director of Business Development (Retail, Telecom) | Leadership |
Esra Doğu Silahtaroğlu | Business Development Manager | Team |
Valentina Boronchieva | Senior Brand Manager - Ebook And Audiobook Subscription Service | Team |
Katerina Safonova | Senior Public Relations Manager | Team |
Ekaterina Tsygankova | Директор По Цифровому Маркетингу | Team |
Weronika Strączek | Business Development Manager | Team |
Complete people profiles for LitRes
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by LitRes
LitRes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include EDRK.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Self-publishing platform for book publishers & authors | edrk.ee | Tallinn, Estonia | 2010 | Nov 2019 | •••• |
Complete acquisition details for LitRes
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Timeline of LitRes
4 dated milestones of LitRes across 14 years, from founding to its latest funding, stage changes and deals.
- Founded LitRes is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $5.0M.
- Acquisition Acquires EDRK.
Competitors of LitRes
LitRes has 7 listed competitors in our database, 5 of them funded. They include De Marque, RIDI, Open Road Integrated Media, BiblioOnDemand and Rawialkotob, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| demarque.com | 1990 | Quebec, Canada | $3.77M | – | Digital book reading solutions for e-books and audiobooks are provided. | |
| ridicorp.com | 2008 | Seoul, South Korea | $159.4M | – | E-book store and digital reading services are operated by RIDI. | |
| openroadintegratedmedia.com | 2009 | New York, United States | $26M | – | Digital content marketing and advertising services are provided. | |
| biblioondemand.com | 2019 | Lille, France | $1.09M | – | Platform providing eBooks and audiobooks to universities,public libraries and other institutions | |
| rawialkotob.com | 2016 | Doha, Qatar | – | – | Provides a distribution platform for digital content, including ebooks and audiobooks. | |
| 24pagebooks.com | 2010 | New York, United States | $50,000 | – | Serves as a platform for digital ebooks distribution. | |
| thuvienpdf.com | 2020 | Vietnam | – | – | Operates an app-based platform for digital book reading. |
Detailed competitors of LitRes
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Web traffic of LitRes
The website of LitRes (litres.ru) receives about 25.8M visits a month.
- Monthly visits25.8M
▲ 12.6% vs previous month
Websites whose visitors overlap most with LitRes. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
labirint.ru | labirint.ru | 100% | – | #20,229 | – |
books.ru | books.ru | 65% | – | #372,425 | – |
| maxidom.ru | 62% | 1.9M | #26,784 | View details | |
mnogo.ru | mnogo.ru | 60% | – | #92,725 | – |
shop.mts.ru | shop.mts.ru | 60% | – | #11,364 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for LitRes
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Top companies in Book & Digital Reading Platforms
10 companies that operate in the same segment as LitRes (Book & Digital Reading Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An audio streaming platform for series and stories is operated. | 2018 | Bengaluru, Karnataka, India | USD 196.66 M | USD 30.62 M | 1,044 | |
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Podcasts and audiobooks are provided through a creator-focused audio platform. | 2019 | Copenhagen, Denmark | USD 223.91 M | USD 21.59 M | 84 | |
Digital audiobooks are produced and streamed via a SaaS platform. | 1995 | Newark, New Jersey, United States | USD 6 M | – | – | |
App-based subscription platform for e-books | 2005 | Stockholm, Sweden | – | USD 436.49 M | – | |
Rental books and homework help are provided to university students. | 2005 | Santa Clara, California, United States | USD 205.99 M | USD 376.91 M | 1,270 | |
SaaS-based book reading platform | 2006 | San Francisco, California, United States | USD 105.24 M | – | – | |
Audiobooks and stories in multiple Indian languages are provided. | 2018 | Mumbai, Maharashtra, India | USD 122.32 M | USD 12.17 M | 310 | |
Audio-based learning solutions with stories and music are provided. | 2015 | London, England, United Kingdom | USD 59.42 M | – | 98 | |
Provider of digital comics, novels, and ebooks | 2009 | Seoul, South Korea | USD 28 M | – | – |
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Related news about Litres
Complete news archive for LitRes
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Frequently Asked Questions about LitRes
LitRes was founded in 2005 and raised its 1st funding round 9 years after it was founded.
LitRes is headquartered in Moscow, Russia.
Sergey Anuriev is the current CEO of LitRes.
LitRes is a funded company, having raised a total of $5M across 2 funding rounds to date.
LitRes, founded in 2005 is one of the leading retailers of ebooks in Russia. It is the winner of Runet Award 2014. It has a collection of more than 750,000 e-books in Russian and foreign languages, among which about 25 000 are free books. Each month, the company provides a new catalog of more than 2000 books. LitRes deals with the largest publishing houses in Russia (Eksmo, AST, Ripol Classic, myth, Azbuka-Atticus, Peter et al.) and many leading authors.The company has also developed an ebook reading applications LitRes.
LitRes's top competitors include De Marque, RIDI and Open Road Integrated Media.
LitRes has made 1 acquisition, including EDRK.
LitRes has 1 investor. Key investors include Ozon.
The website of LitRes receives about 25.8 million visits a month.