Literati

Literati

Curated book subscription service for all ages

About

Literati offers a subscription service for curated book selections aimed at both adults and children. Each month, subscribers receive a new hardcover book chosen by influential figures, known as Luminaries, from various fields such as business, sports, and the arts. This approach provides readers with enriching and inspiring content. For children, Literati features a 'try before you buy' option, allowing parents to receive a selection of expertly reviewed books to ensure quality and age-appropriateness. The company differentiates itself by combining celebrity involvement with expert recommendations, appealing to those seeking intellectual and inspirational reading. Literati's goal is to foster a love for reading through curated selections while generating revenue from subscription fees and book sales.

Company Stage

Series B

Employees

201-500

Industries

Education, Consumer Goods

Total Funding

$89.5M

Headquarters

Austin, Texas

Founded

2017


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Simplify's Take

What believers are saying

  • Rising demand for personalized content supports Literati's curated book subscription model.
  • AI-driven personalization can enhance Literati's book selection process for individual preferences.
  • Celebrity involvement in book curation attracts adult subscribers seeking intellectual content.

What critics are saying

  • Competition from digital platforms like Kindle Unlimited may affect Literati's customer base.
  • Follett Book Fairs acquisition could strain resources, impacting subscription service quality.
  • Celebrity controversies could negatively impact Literati's brand image and adult book clubs.

What makes Literati unique

  • Literati offers curated book subscriptions with celebrity involvement, unlike typical book clubs.
  • The 'try before you buy' model for children's books sets Literati apart from competitors.
  • Literati's acquisition of Follett Book Fairs expands its reach into educational book events.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

7%

2 year growth

3%

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