About READ-O
READ-O is a company based in Frankfurt Am Main (Germany) founded in 2019 by Andreas Weiser and Simon Farshid. It operates as a D2C, and B2C. READ-O offers products and services including READO App, BuddyRead Feature, and Book Recommendation Algorithm. READ-O operates in a competitive market with competitors including Yuewen, Du Yao, LitCharts, ALIBRATE and The StoryGraph, among others.
- Headquarter Frankfurt Am Main, Germany
- Founders Andreas Weiser, Simon Farshid
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Products & Services of READ-O
READ-O offers a comprehensive portfolio of products and services, including READO App, BuddyRead Feature, and Book Recommendation Algorithm. 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.
Application for tracking reading habits and personalized book recommendations.
Enables users to create reading groups and share book experiences.
Analyzes user preferences to suggest new books and content.
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Funding Insights of READ-O
| 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 |
Investments & Acquisitions by READ-O
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - READ-O
| 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 |
Read-O Comparisons
Competitors of READ-O
READ-O 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 Yuewen, Du Yao, LitCharts, ALIBRATE and The StoryGraph, 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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Online digital content library
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A mobile app for users to review and rate books and movies.
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| domain | founded_year | HQ Location |
Literary guides and resources are provided online by LitCharts.
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| domain | founded_year | HQ Location |
Functions as an online platform for book reading and exploration.
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| domain | founded_year | HQ Location |
An AI-powered platform offering personalized book recommendations to users.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about READ-O
When was READ-O founded?
READ-O was founded in 2019.
Where is READ-O located?
READ-O is headquartered in Frankfurt Am Main, Germany. It is registered at Frankfurt Am Main, Hesse, Germany.
What does READ-O do?
READO is a mobile application that helps users track their reading habits, set goals, and receive personalized book recommendations based on preferences. It allows importing libraries, sharing experiences via BuddyRead groups, and discovering new books through algorithms. The app serves individual readers globally, focusing on enhancing reading experiences without promotional elements, though it includes community-driven features like reviews and social sharing.
Who are the top competitors of READ-O?
What products or services does READ-O offer?
READ-O offers READO App, BuddyRead Feature, and Book Recommendation Algorithm.
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