READO: Funding, Investors & Team (Oct 2026)
READO is a social reading app. It is the central place where people organize their books, discover new titles, and connect with others through reading. The app encourages users to read more and turns books into a social experience through features like mood-based ratings and page-based discussions. Our vision is to build the number one community for readers worldwide and to develop community-driven business models on top of it. We believe that building a product centered around real emotional connections, network effects, and user-generated content is one of the most sustainable, valuable, and defensible opportunities in today's digital landscape.
READO has raised $1.2M across 1 funding round on record, the most recent a Seed of $1.2M announced in Jan 2026.
That round is below the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.
READO Company Profile and Key Stats
Latest funding round on record: Jan 2026.
READO Funding Rounds
READO Founders and Leadership Team
No contact details are on record for this team yet.
READO Funding Compared to Other Apps Startups
READO's latest round of $1.2M is below the median round in Apps. Medians cover the last 24 months of disclosed rounds.
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READO Funding FAQs
What does READO do?
READO is a social reading app. It is the central place where people organize their books, discover new titles, and connect with others through reading. The app encourages users to read more and turns books into a social experience through features like mood-based ratings and page-based discussions. Our vision is to build the number one community for readers worldwide and to develop community-driven business models on top of it. We believe that building a product centered around real emotional connections, network effects, and user-generated content is one of the most sustainable, valuable, and defensible opportunities in today's digital landscape.
How much funding has READO raised?
READO has raised $1.2M across 1 round on record. The most recent is a Seed of $1.2M announced in Jan 2026.
When did READO last raise funding?
READO's most recent funding round on record is a Seed of $1.2M, announced in Jan 2026.
Who founded READO?
FundedIQ lists Jonathan Mondorf (Founder) at READO.
Where is READO headquartered?
READO is based in Frankfurt, Hessen, Germany.
How many employees does READO have?
READO is in the 11-50 employee band.
How does READO's funding compare to other Apps startups?
READO's latest round of $1.2M is below the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.
About FundedIQ's READO Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for READO is left off this page rather than filled in.
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