Mofibo

Copenhagen, Denmark Founded: 2013 • Age: 13 yrs Acquired By Storytel
Subscription based service for ebooks and audio books

About Mofibo

Mofibo is a Media & Entertainment company based in Copenhagen (Denmark) founded in 2013, and was acquired by Storytel in May 2016. Subscription based service for ebooks and audio books. Mofibo has raised $2.39 million across 2 funding rounds from investors including Storytel, SEED Capital and Danmarks Eksport- og Investeringsfond. The company has 40 employees. Its website mofibo.com draws about 296 thousand monthly visits. Mofibo offers products and services including Mofibo App, Subscription Plans, and Mofibo Originals. Its focus areas include Book Tech, Book Retail, Retailer and Subscription. Its legal entity is MOFIBO BOOKS ApS.

Company details

Mofibo was founded in 2013 in Copenhagen, Denmark, as a subscription-based platform in the digital publishing sector. Unlimited access to thousands of e-books and audiobooks is provided to users through smartphones and tablets compatible with Apple and Android systems. The service operates at a fixed price, enabling direct consumption of content without additional purchases. Availability is focused on European markets, with core operations centered in Denmark.

  • Headquarters Copenhagen, Denmark
  • Employees 40
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Website category Arts and Entertainment · Books and Literature
  • Website mofibo.com/dk
  • Social LinkedIn X Facebook Instagram
  • Acquired by Storytel (May 2016)
  • Legal Name Mofibo Books Aps
Key Metrics
  • Annual Revenue
    $40.62 M (USD)
    9
    as on Dec 31, 2022
  • Net Profit
    $5.95 M (USD)
    21
    as on Dec 31, 2020
  • Total Equity Funding
    $2.39M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.39M (USD), Seed

    Jan 2016

  • Investors
    Storytel

    & 2 more

  • Employee Count
    40
  • Acquired by
    Storytel

    (May 2016)

Products & Services of Mofibo

Mofibo offers a comprehensive portfolio of products and services, including Mofibo App, Subscription Plans, and Mofibo Originals.

Mofibo App
Digital Library

Platform for streaming and downloading audiobooks and e-books.

Subscription Plans
Service Offering

Various tiers providing access to content like Premium and Unlimited.

Mofibo Originals
Exclusive Content

Unique audiobooks and stories available only on the platform.

Funding Insights of Mofibo

Mofibo has successfully raised a total of $2.39M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.39 million completed in January 2016. 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 $2.39M
  • Total Rounds 2
  • Last Round Seed β€” $2.39M
  • Investors Count 2

All 2 funding rounds of Mofibo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$2.39MSeed––
Jun 2013Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in Mofibo

Mofibo has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Storytel, SEED Capital and Danmarks Eksport- og Investeringsfond.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
seedcapital.dk
Provision of financing, loans, equity, and insurance for Danish export and investment activities.
vf.dk
App-based subscription platform for e-books
2005storytel.comStockholm, Sweden
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Investor details for Mofibo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Mofibo

245 people are tracked at Mofibo (47 in leadership, 7 in board & advisors, 191 in team); the tracked headcount is 40.

NameRoleGroup
Helena Gustafsson
Chief Content Strategy OfficerLeadership
Sara Hasselstrom
Head Of Content Sales & PartnershipsLeadership
Bodil Eriksson Torp
CEOLeadership
Claus Wamsler-Nielsen
COOLeadership
Mari Wärri
Head Of Catalog Management - ExpansionLeadership
Stefan Ward
Group CFOLeadership
Peter Ekström
Director Of EngineeringLeadership
Emily Scheer
Director, Tech & Product OperationsLeadership
Madeleine Johansson
Head Of Business Affairs & Content StrategyLeadership
Elin Blomberg
Junior People Business PartnerLeadership
Allan Reventhell
Head Of Product - GrowthLeadership
Emma Boëthius
Global Head Of Consumer PRLeadership
Therese Lindström
Head Of PR Events NordicsLeadership
Magdalena Asplund
Head Of Global Campaigns & ProductionLeadership
Rickard Bröms
Global Head Of Creative And BrandLeadership
Charlotta Säfström
Head Of Global CRMLeadership
Caroline Svefors
Head Of Distribution Partnerships EMEALeadership
Hanna Thorwid
Head Of Product - MonetizationLeadership
Lado Bitsadze
Global Head of Digital MarketingLeadership
Luis Duran
President, StreamingLeadership

225 more people are available in the full profile.

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Complete people profiles for Mofibo

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Timeline of Mofibo

4 dated milestones of Mofibo across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mofibo is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $2.4M.
  4. Exit Acquired by Storytel.

Web traffic of Mofibo

The website of Mofibo (mofibo.com) receives about 296.4K visits a month and ranks #169,180 among all websites worldwide, #678 in Books and Literature.

  • Monthly visits
    296.4K

    ▲ 32.6% vs previous month

  • Unique visitors
    120.7K

    per month

  • Global rank
    #169,180

    among all websites

  • Category rank
    #678

    Arts and Entertainment · Books and Literature

Similar websites

Websites whose visitors overlap most with Mofibo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
saxo.com
100%
1.4M#31,666View details
storytel.dk
storytel.dk
55%
#8,191,972–
audible.co.uk
audible.co.uk
55%
#7,669–
libros-prohibidos.com
libros-prohibidos.com
53%
#1,013,529–
vilaser.se
vilaser.se
48%
#1,267,932–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Mofibo

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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Mofibo

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Frequently Asked Questions about Mofibo

Mofibo was founded in 2013.

Mofibo is headquartered in Copenhagen, Denmark.

Mofibo is a funded company, having raised a total of $2.39M across 2 funding rounds to date.

Mofibo has 40 employees.

Annual revenue of Mofibo is $40.62M as on Dec 31, 2022.

Mofibo was founded in 2013 in Copenhagen, Denmark, as a subscription-based platform in the digital publishing sector. Unlimited access to thousands of e-books and audiobooks is provided to users through smartphones and tablets compatible with Apple and Android systems. The service operates at a fixed price, enabling direct consumption of content without additional purchases. Availability is focused on European markets, with core operations centered in Denmark.

Mofibo offers Mofibo App, Subscription Plans, and Mofibo Originals.

Mofibo has 3 investors. Key investors include Storytel, SEED Capital, and Danmarks Eksport- og Investeringsfond.

Mofibo operates through Mofibo Books Aps.

Yes. Mofibo was acquired by Storytel in May 2016.

The website of Mofibo receives about 296 thousand visits a month and ranks #169,180 among all websites worldwide.

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