About Readly
Readly is a company based in Stockholm (Sweden) founded in 2013 was acquired by Bonnier in March 2023. Readly has raised $46.79 million across 6 funding rounds from investors including Channel 4, AP3 and Zouk Capital. Readly has completed 1 acquisition, including Arcy. Readly operates in a competitive market with competitors including Zinio, Cafeyn, Magzter, Pulse and Activaero, among others.
- Headquarter Stockholm, Sweden
- Stage Public
-
Sectors
Media & Entertainment
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$46.79 M (USD)
in 6 rounds
-
Latest Funding Round
$16.81 M (USD), Series B
Jun 19, 2019
-
Investors
Channel 4
& 6 more
-
Employee Count
Not available
- Investments & Acquisitions
-
Acquired by
Bonnier
(Mar 28, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Readly
Unlock access to complete
Software Development Team
7 people
Sales and Marketing
7 people
Product Management Team
4 people
Creative and Marketing Team
3 people
CRM Team
2 people
Partnerships Team
2 people
Finance and Accounting
2 people
Data Analysis and Operations Team
2 people
Unlock access to complete
Funding Insights of Readly
Readly has successfully raised a total of $46.79M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $16.81 million completed in June 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.
Investors in Readly
Readly has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Channel 4, AP3 and Zouk Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth-stage private equity investments are targeted by Zouk Capital.
|
Locked | Locked | Locked | |
|
Expansion-stage tech investments are targeted in Sweden and Norway.
|
Locked | Locked | Locked | |
|
Diversified investments are managed across multiple sectors by Hermes GPE.
|
Locked | Locked | Locked |
Investor details for Readly
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Readly
Readly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arcy.
Investment portfolio details for Readly
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Digital magazine subscriptions are offered via a single app.
|
Locked | Locked | 2020 | Locked |
Complete acquisition details for Readly
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Readly
Detailed financials for Readly
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Readly Comparisons
Peer comparison for Readly
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Readly
Readly 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 Zinio, Cafeyn, Magzter, Pulse and Activaero, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Digital magazines from diverse publishers are distributed via multi-platform service.
|
|
| Locked | Locked | Locked |
Online platform offering multiple magazine reading solutions
|
|
| Locked | Locked | Locked |
Digital magazines and newspapers are distributed via an online platform.
|
|
| Locked | Locked | Locked |
Digital newsstands for magazines and newspapers
|
|
| Locked | Locked | Locked |
Controlled breathing technologies for inhaler devices were developed.
|
Detailed competitors of Readly
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Readly
Complete news archive for Readly
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Readly
Readly was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Readly is headquartered in Stockholm, Sweden.
Readly is a funded company, having raised a total of $46.79M across 6 funding rounds to date.
Readly was founded in 2013 in Stockholm, Sweden, and operates in the digital media sector. An online platform is offered for users to access newspapers and magazines through web login or mobile apps on iOS and Android devices. Content covers topics including fashion, lifestyle, and travel. Features such as offline reading and subscription sharing with family or friends are included, with services available globally.
Readly has made 1 acquisition, including Arcy.
Readly has 7 investors. Key investors include Channel 4, AP3, Zouk Capital, Swedbank Robur, and Aggregate.