About Thrift Books
Thrift Books is a company based in Tukwila (United States) founded in 2003 was acquired by KCB Private Equity in March 2011.. The company has 335 employees as of December 31, 2021. Thrift Books operates in a competitive market with competitors including Better World Books, Shortboxed, Discover Books, Bookbot and PangoBooks, among others.
- Headquarter Tukwila, United States
- Employees 335 as on 31 Dec, 2021
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Midwest Mezzanine Funds
& 1 more
-
Employee Count
335
as on Dec 31, 2021
-
Acquired by
KCB Private Equity
(Mar 11, 2011)
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
Unlock access to complete
Unlock access to complete
Funding Insights of Thrift Books
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Debt – Conventional - Thrift Books | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thrift Books
Thrift Books has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Midwest Mezzanine Funds and KCB Private Equity. 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 |
|---|---|---|---|---|
|
PE firm invests in the US
|
Founded Year | Domain | Location | |
|
KCB Private Equity is focused on long-term value creation.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Thrift Books
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Thrift Books
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thrift Books Comparisons
Competitors of Thrift Books
Thrift Books 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 Better World Books, Shortboxed, Discover Books, Bookbot and PangoBooks, 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 |
Online resellers of pre-owned and new books
|
|
| domain | founded_year | HQ Location |
App based comic book marketplace
|
|
| domain | founded_year | HQ Location |
Used books reseller
|
|
| domain | founded_year | HQ Location |
Second-hand books in various genres are offered online.
|
|
| domain | founded_year | HQ Location |
Online platform for trading used books through apps and websites.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Thrift Books
Frequently Asked Questions about Thrift Books
When was Thrift Books founded?
Thrift Books was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Where is Thrift Books located?
Thrift Books is headquartered in Tukwila, United States. It is registered at Tukwila, Washington, United States.
How many employees does Thrift Books have?
As of Dec 31, 2021, the latest employee count at Thrift Books is 335.
What does Thrift Books do?
Thrift Books is an online retailer of used books. It has 11 subsidiaries (warehouses between 70,000 and 90,000 square feet) in the United States, which buy, sort and ship used books. It claims to have 7M books and offer free shipping 10 order. It sells 12 million books in a year. Donated books are sorted using manual operations and 80 of books are sent for landfill. Sellable books are scanned into company database. It makes approximately 2 per book.
Who are the top competitors of Thrift Books?
Thrift Books's top competitors include Better World Books, Bookbot and Shortboxed.
Who are Thrift Books's investors?
Thrift Books has 2 investors. Key investors include Midwest Mezzanine Funds, and KCB Private Equity.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.