About Readmio
Readmio is a company based in Slovakia founded in 2019 by Radoslav Rajcan.. Readmio has raised $1.59 million across 2 funding rounds from investors including Simpact Ventures, Zero Gravity Capital and Depo Ventures. Readmio offers products and services including Readmio App, Audio Books, and Coloring Pages. Readmio operates in a competitive market with competitors including Epic, Learn With Homer, StoryToys, Moshi and Novel Effect, among others.
- Headquarter Slovakia
- Founders Radoslav Rajcan
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Sectors
ConsumerEducation Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Družstvo For5
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.59 M (USD)
in 2 rounds
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Latest Funding Round
$521 K (USD), Seed
Jan 22, 2025
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Investors
Simpact Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Readmio
Readmio offers a comprehensive portfolio of products and services, including Readmio App, Audio Books, and Coloring Pages. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app enhances bedtime stories with sounds for child development.
Collection of stories for listening to improve literacy and imagination.
Interactive pages that encourage creativity and thematic learning.
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Funding Insights of Readmio
Readmio has successfully raised a total of $1.59M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $521 thousand completed in January 2025. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $521,000
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First Round
First Round
(09 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2025 | Amount | Seed - Readmio | Valuation | Simpact VC |
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| Jan, 2023 | Amount | Seed - Readmio | Valuation | Zero Gravity Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Readmio
Readmio has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Simpact Ventures, Zero Gravity Capital and Depo 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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A venture capital fund focused on impact investing is operated.
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Investment group focused on technology startups in CEE region.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Readmio
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Readmio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Readmio Comparisons
Competitors of Readmio
Readmio 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 Epic, Learn With Homer, StoryToys, Moshi and Novel Effect, 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 |
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| domain | founded_year | HQ Location |
eBooks for children are provided with audio read-along features.
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| domain | founded_year | HQ Location |
Comprehensive literacy applications for kids
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| domain | founded_year | HQ Location |
Educational apps and interactive books for children are developed.
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| domain | founded_year | HQ Location |
Online platform offering stories for kids
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| domain | founded_year | HQ Location |
Interactive app for adding music effects while reading stories
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Readmio
Frequently Asked Questions about Readmio
When was Readmio founded?
Readmio was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Readmio located?
Readmio is headquartered in Slovakia.
Is Readmio a funded company?
Readmio is a funded company, having raised a total of $1.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on Jan 09, 2023.
What does Readmio do?
Readmio was founded in 2019 in Slovakia as an app-based platform focused on childrens literature. Stories and fairy tales with educational themes are delivered via Android and iOS applications. Users readings are accompanied by synchronized sound effects and music to enhance engagement. The service targets young audiences with content emphasizing life lessons, operating primarily in the digital education and entertainment sector.
Who are the top competitors of Readmio?
Readmio's top competitors include Epic, Learn With Homer and StoryToys.
What products or services does Readmio offer?
Readmio offers Readmio App, Audio Books, and Coloring Pages.
Who are Readmio's investors?
Readmio has 3 investors. Key investors include Simpact Ventures, Zero Gravity Capital, and Depo Ventures.
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