About Mofibo
Mofibo is a company based in Copenhagen (Denmark) founded in 2013 was acquired by Storytel in May 2016. 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 as of November 30, 2024. Mofibo offers products and services including Mofibo App, Subscription Plans, and Mofibo Originals.
- Headquarter Copenhagen, Denmark
- Employees 40 as on 30 Nov, 2024
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Mofibo Books Aps
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Annual Revenue
$40.62 M (USD)9as on Dec 31, 2022
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Net Profit
$5.95 M (USD)21as on Dec 31, 2020
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EBITDA
Not available
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Total Equity Funding
$2.39 M (USD)
in 2 rounds
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Latest Funding Round
$2.39 M (USD), Seed
Jan 05, 2016
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Investors
Storytel
& 2 more
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Employee Count
40
as on Nov 30, 2024
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Acquired by
Storytel
(May 20, 2016)
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Products & Services of Mofibo
Mofibo offers a comprehensive portfolio of products and services, including Mofibo App, Subscription Plans, and Mofibo Originals.
Platform for streaming and downloading audiobooks and e-books.
Various tiers providing access to content like Premium and Unlimited.
Unique audiobooks and stories available only on the platform.
People of Mofibo
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Software Development Team
39 people
Sales and Marketing
28 people
Product Management Team
20 people
Leadership Team
14 people
Global Team
13 people
Head Team
10 people
Creative and Marketing Team
8 people
Country Team
7 people
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm backing Nordic tech startups from seed to Series A with investments in Consumer, Deep Tech, and related sectors.
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Locked | Locked | Locked | |
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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Locked | Locked | Locked | |
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App-based subscription platform for e-books
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Locked | Locked | Locked |
Investor details for Mofibo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mofibo
Investment portfolio details for Mofibo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Mofibo
Detailed financials for Mofibo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Mofibo Comparisons
Peer comparison for Mofibo
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- Named peers
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Competitors of Mofibo
Detailed competitors of Mofibo
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Latest news on Mofibo
Complete news archive for 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.
As of Nov 30, 2024, the latest employee count at Mofibo is 40.
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.