Worldreader

San Francisco, United States Founded: 2009 • Age: 17 yrs
Youth internships and training are provided via Innovate ME program.

About Worldreader

Worldreader is a Government & Social Sector company based in San Francisco (United States) founded in 2009 by Colin McElwee. Youth internships and training are provided via Innovate ME program. Its website worldreader.org draws about 85 thousand monthly visits. Its Indian entity Digital Reading Foundation reported revenue of β‚Ή20.2 Lakh. Worldreader offers products and services including BookSmart and E-books. Its focus areas include Nonprofits and Foundations.

Company details

Worldreader was founded in 2009 in San Francisco as a non-profit organization focused on youth development. The Innovate ME program is operated to deliver internships and training opportunities for young individuals. These initiatives are conducted in countries including Senegal, Ghana, Gabon, Zambia, and Djibouti, supporting skill-building in educational and professional sectors.

Key Metrics
  • Indian entity revenue
    ₹20.2 Lakh

    FY 2024 · -44% YoY

  • Indian entity net profit
    ₹50,200

    FY 2024 · 2% margin

  • Indian entity EBITDA
    ₹50,200

    FY 2024 · 2% margin

  • Investors

Products & Services of Worldreader

Worldreader offers a comprehensive portfolio of products and services, including BookSmart and E-books.

BookSmart
Educational Programs

BookSmart is offered as a program that equips children with tools for building reading skills through books and activities

E-books
Digital Content

E-books are distributed to promote reading among children, facilitating access in various regions

Funding Insights of Worldreader

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Worldreader with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2014Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Worldreader

Worldreader has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Draper Richards Kaplan Foundation.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage, high-impact social enterprises are supported by the foundation.
drkfoundation.orgMenlo Park, United States
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Investor details for Worldreader

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Digital Reading Foundation (Worldreader)

Digital Reading Foundation is the primary company behind Worldreader. The board of Digital Reading Foundation currently have 2 directors; the longest-serving is Smita Sircar, appointed in 2016. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Smita Sircar
DIN 07661435
Director26 Nov 20169 yrs 11 moDigital Reading Foundation
Pradeep Kumar
DIN 10122205
Director27 Apr 20233 yrs 6 moDigital Reading Foundation

People of Worldreader

41 people are tracked at Worldreader (9 in leadership, 28 in board & advisors, 4 in team).

NameRoleGroup
Colin McElwee
Co-FounderLeadership
Guilherme Soares
Senior Director, TechnologyLeadership
Rebecca Chandler Leege
CEOLeadership
Leslie Tettey
Regional Director, West AfricaLeadership
Veronica Gutierrez
Senior Director, Global Human ResourcesLeadership
Wendi Yen Huestis, MBA
Chief Advancement, Marketing, And Communications OfficerLeadership
Heidi Williams
Director, Accounting & AdministrationLeadership
Kathrina Wardrip
Director Of Major GiftsLeadership
Wendi Huestis
Chief Advancement OfficerLeadership
Elizabeth Dollar
Board Member, USABoard & advisors
Charles Brighton
Board Member, USABoard & advisors
Elizabeth Khuri Chandler
Board Member, USABoard & advisors
Elizabeth Ashun
Board Secretary, GhanaBoard & advisors
Dana Reid
Board Member, USABoard & advisors
Alison Rich
Board Member, USABoard & advisors
Ethel Cofie
Board Member, GhanaBoard & advisors
Sejal Shah
Board Treasurer, KenyaBoard & advisors
Adriana Brassart
Board Member, EuropeBoard & advisors
Kami Dar
Board Member, EuropeBoard & advisors
Peter Mallinson
Board Member, UKBoard & advisors

21 more people are available in the full profile.

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Complete people profiles for Worldreader

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Worldreader

Figures of Digital Reading Foundation, the primary company behind Worldreader, for FY 2024. Revenue was ₹20.2 Lakh (-44% year on year). Net profit was ₹50,200 (2% margin). EBITDA was ₹50,200 (2% margin). Revenue has grown at a compounded annual rate of +33% over three years and +34% over five years.

  • ₹20.2 LakhRevenue · FY 2024 · -44% YoY
  • ₹50,200Net profit · 2% margin
  • ₹50,200EBITDA · 2% margin
  • ₹1 LakhPaid-up capital
  • +33%Revenue CAGR, 3 years
  • +34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Digital Reading Foundation are on its company page.

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Detailed financial statements for Worldreader

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Worldreader

2 dated milestones of Worldreader across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Worldreader is founded.
  2. Funding First funding round.

Web traffic of Worldreader

The website of Worldreader (worldreader.org) receives about 84.8K visits a month.

  • Monthly visits
    84.8K

    ▼ 8.5% vs previous month

Similar websites

Websites whose visitors overlap most with Worldreader. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
teleread.com
teleread.com
100%
#2,470,036–
barbershopbooks.org
barbershopbooks.org
96%
#6,375,211–
beanstack.com
90%
649.9K#104,931View details
proliteracy.org
69%
17.9K#1,330,343View details
readbrightly.com
readbrightly.com
68%
#155,580–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 24 similar websites and full traffic analytics for Worldreader

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 24 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Foundations

3 companies that operate in the same segment as Worldreader (Foundations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Humanitarian services are provided by UNICEF in developing countries.
1946United States
Research institute for improving the human condition by turning knowledge into practice
1958United StatesUSD 7.84 M92
Poverty eradication efforts are coordinated by Global Citizen foundation.
2008New York, New York, United StatesUSD 35 M
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Frequently Asked Questions about Worldreader

Worldreader was founded in 2009 and raised its 1st funding round 5 years after it was founded.

Worldreader is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

The primary company behind Worldreader, Digital Reading Foundation, reported revenue of β‚Ή20.2 Lakh for FY 2024, down 44% year on year.

Worldreader was founded in 2009 in San Francisco as a non-profit organization focused on youth development. The Innovate ME program is operated to deliver internships and training opportunities for young individuals. These initiatives are conducted in countries including Senegal, Ghana, Gabon, Zambia, and Djibouti, supporting skill-building in educational and professional sectors.

Worldreader offers BookSmart and E-books.

Worldreader has 1 investor. Key investors include Draper Richards Kaplan Foundation.

Worldreader operates through Digital Reading Foundation.

The legal entities of Worldreader currently have 2 directors, including Smita Sircar, Pradeep Kumar.

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