About Reedz
Reedz is a company based in Tunisia founded in 2020.. Reedz has raised $600 thousand across 1 funding round from investors including Karim Beguir. Reedz operates in a competitive market with competitors including Blinkist, Uptime, Akhdar, Deepstash and getAbstract, among others.
- Headquarter Tunisia
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Sectors
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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$600 K (USD)
in 1 rounds
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Latest Funding Round
$600 K (USD), Seed
Apr 08, 2024
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Investors
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Employee Count
Employee Count
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Funding Insights of Reedz
Reedz has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in April 2024. 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 1
- Last Round Seed — $600,000
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First Round
First Round
(08 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Seed - Reedz | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Reedz
Reedz has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Karim Beguir. 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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KB
Karim Beguir |
Co-founder of InstaDeep, AI innovator, active angel investor in tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reedz
| 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 - Reedz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Reedz Comparisons
Competitors of Reedz
Reedz 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 Blinkist, Uptime, Akhdar, Deepstash and getAbstract, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Non-fiction books are summarized into bite-sized mobile app insights.
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| domain | founded_year | HQ Location |
Uptime is focused on delivering learning experiences through a streamlined platform.
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| domain | founded_year | HQ Location |
Audio book summaries are provided via an online platform.
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| domain | founded_year | HQ Location |
Self-improvement content is aggregated and summarized from diverse sources.
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| domain | founded_year | HQ Location |
Business books are summarized by getAbstract's platform for professional use.
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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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| domain | founded_year | HQ Location |
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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Latest news on Reedz
Frequently Asked Questions about Reedz
When was Reedz founded?
Reedz was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Reedz located?
Reedz is headquartered in Tunisia.
Is Reedz a funded company?
Reedz is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Apr 08, 2024.
What does Reedz do?
Reedz was established in 2020 in Tunisia as an app-based platform in the edtech sector. Summarized versions of books are provided in audio or text formats, covering topics such as business, economy, policy, history, health, and others. Operations focus on mobile accessibility, with the app designed exclusively for Android devices to facilitate quick content consumption.
Who are the top competitors of Reedz?
Who are Reedz's investors?
Reedz has 1 investor. Key investors include Karim Beguir.