About Scribd
Scribd is a company based in San Francisco (United States) founded in 2006 by Tikhon Bernstam.. Scribd has raised $105.24 million across 7 funding rounds from investors including SVB, Khosla Ventures and MLC Australia. Scribd has completed 2 acquisitions, including Librify and SlideShare. Scribd operates in a competitive market with competitors including KADOKAWA, VoyceMe, OverDrive, Glose and Youscribe, among others.
- Headquarter San Francisco, United States
- Founders Tikhon Bernstam
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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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Software Development Team
23 people
Product Management Team
20 people
Human Resources and Administration
9 people
Leadership Team
7 people
Data Analysis and Operations Team
3 people
Corporate Team
2 people
Finance and Accounting
2 people
Lead Team
2 people
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Funding Insights of Scribd
Scribd has successfully raised a total of $105.24M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $58 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series E — $58.0M
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First Round
First Round
(01 Jun 2006)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series E - Scribd | Valuation | Spectrum Equity |
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| Jan, 2015 | Amount | Series D - Scribd | Valuation | Khosla Ventures | |
| Jan, 2011 | Amount | Series C - Scribd | Valuation | SVB , MLC |
| 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 |
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Investors in Scribd
Scribd has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Khosla Ventures and MLC Australia. 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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Early-stage startups are funded by this venture capital firm.
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CRV is recognized as a venture capital firm investing in technology startups.
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Redpoint Ventures is engaged in venture capital investments.
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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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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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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 Scribd
Scribd has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Librify and SlideShare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ebook subscriptions with social reading features are provided online.
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2013 | ||||
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Presentation slides are uploaded, viewed, and shared by users online.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Scribd
| 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 |
Scribd Comparisons
Competitors of Scribd
Scribd 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 KADOKAWA, VoyceMe, OverDrive, Glose and Youscribe, 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 |
Ebook library & reading platform
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| domain | founded_year | HQ Location |
Online comic books are delivered in multiple genres.
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| domain | founded_year | HQ Location |
Digital content distribution is facilitated for libraries and schools by OverDrive.
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| domain | founded_year | HQ Location |
E-books are read and annotated socially on the Glose platform.
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| domain | founded_year | HQ Location |
Online platform for digital publishing
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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 Scribd
Frequently Asked Questions about Scribd
When was Scribd founded?
Scribd was founded in 2006.
Where is Scribd located?
Scribd is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Scribd?
Tony Grimminck is the current CEO of Scribd.
Is Scribd a funded company?
Scribd is a funded company, having raised a total of $105.24M across 7 funding rounds to date. The company's 1st funding round was a Series C of $12.31M, raised on Jun 01, 2006.
What does Scribd do?
Scribd was founded in 2006 in San Francisco, United States, as a SaaS platform focused on digital reading services. Books are offered in categories such as lifestyle, business, poetry, fiction, and romance, alongside audiobooks and magazines in diverse topics. Access is enabled through web and mobile applications for Android and iOS users, supporting subscription-based content delivery in the digital media sector.
Who are the top competitors of Scribd?
How many acquisitions has Scribd made?
Scribd has made 2 acquisitions, including Librify, and SlideShare.
Who are Scribd's investors?
Scribd has 7 investors. Key investors include SVB, Khosla Ventures, MLC Australia, CRV, and Redpoint Ventures.
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