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Industries
Data & Analytics
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series C
Total Funding
$113.7M
Headquarters
San Francisco, California
Founded
2014
Inkitt operates as a reader-powered publisher, offering a platform where readers can access a diverse range of books for free across various genres like fantasy, sci-fi, romance, and more. The platform allows readers to provide feedback to authors, influencing the development of stories. Authors can submit their works, which Inkitt evaluates based on reader engagement metrics such as reading time and feedback. Successful stories are then offered publishing deals, including distribution on Inkitt's sister app, GALATEA. This data-driven approach helps Inkitt reduce risk by focusing on stories that have already garnered reader interest. The company generates revenue through publishing deals, sharing profits with authors, and potentially from premium content. Inkitt's goal is to connect readers with new literary talent while supporting authors in their publishing journey.
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Total Funding
$113.7M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
401(k) Retirement Plan
Health Insurance
Dental Insurance
Vision Insurance
The latest $37m funding round for the self-publishing platform Inkitt was awarded at least in part due to its intention to use large language models that work on behalf of its authors.
Everyone has a story in them, as someone famous once said. A startup called Inkitt believes that it can use AI to turn the strongest of these into
Inkitt launches GalateaTV: bringing your favorite stories to the screen.
For that reason, Inkitt GmbH has launched the Inkitt Author Subscription Program, connecting authors with readers who want to support them and their work.
This month, Inkitt GmbH is kicking off the season of fun in the sun by introducing 27 new stories to Galatea !
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Industries
Data & Analytics
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series C
Total Funding
$113.7M
Headquarters
San Francisco, California
Founded
2014
Find jobs on Simplify and start your career today