FundedIQ
Artificial Intelligence

Inkitt

At Inkitt, we believe that every author should have an equal chance to succeed. Our mission is to discover hidden talents from all around the world and turn them into globally successful authors. Inkitt is a pioneer at the forefront of data-driven publishing. We provide a platform for all authors to write and share their stories with millions of readers. Using our unique algorithm that measures readers' engagement with each story, we can objectively identify the best stories and storytellers in the world. Using this method, over 50% of our published authors have achieved $100,000+ in sales. We have forever changed the traditional publishing model by placing the publishing decision in the hands of readers rather than the subjective "gut feeling" of a person. This gives Inkitt the unique ability to discover hidden talents that might otherwise have gone unnoticed. Stories published by Inkitt are adapted into immersive reading experiences, audiobooks, and even TV and movie series. We are an international team of 100 passionate and dedicated inventors and entrepreneurs and we are growing quickly. Inkitt ranked #1 in Germany and #8 in Europe in the FT1000: Europe’s Fastest Growing Companies 2023. Fast Company named Inkitt 100 Best Workplaces for Innovators in 2022.

www.inkitt.com San Francisco, United States 101-250 employees
Total raised
$96.1M
Latest round: +63% of prior total
Rounds
3
Latest
Series C
Feb 2024

At Inkitt, we believe that every author should have an equal chance to succeed. Our mission is to discover hidden talents from all around the world and turn them into globally successful authors. Inkitt is a pioneer at the forefront of data-driven publishing. We provide a platform for all authors to write and share their stories with millions of readers. Using our unique algorithm that measures readers' engagement with each story, we can objectively identify the best stories and storytellers in the world. Using this method, over 50% of our published authors have achieved $100,000+ in sales. We have forever changed the traditional publishing model by placing the publishing decision in the hands of readers rather than the subjective "gut feeling" of a person. This gives Inkitt the unique ability to discover hidden talents that might otherwise have gone unnoticed. Stories published by Inkitt are adapted into immersive reading experiences, audiobooks, and even TV and movie series. We are an international team of 100 passionate and dedicated inventors and entrepreneurs and we are growing quickly. Inkitt ranked #1 in Germany and #8 in Europe in the FT1000: Europe’s Fastest Growing Companies 2023. Fast Company named Inkitt 100 Best Workplaces for Innovators in 2022.

Inkitt has raised $96.1M across 3 rounds. Its most recent round was a Series C of $37.0M in Feb 2024. Full funding history, investors, and team are detailed below.

Funding history

3 rounds · 1 visible Unlock with plan

3 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Feb 27, 2024
Series C
$37.0M

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People

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Role
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