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About
Scribd is a digital library and e-book subscription service that provides access to a wide variety of reading materials, including e-books, audiobooks, magazines, and documents. Users pay a monthly subscription fee for unlimited access to this extensive library, which includes bestsellers, classic literature, and academic papers. Scribd stands out from competitors like Amazon's Kindle Unlimited and Audible by offering a more diverse range of content types and a user-friendly interface. The platform also fosters community engagement through features like ScribdChat, allowing interaction between authors and readers, as well as curated reading lists that highlight relevant content. The goal of Scribd is to make reading accessible and enjoyable for everyone, catering to casual readers, students, and professionals alike.
Company Stage
Late Stage VC
Employees
201-500
Industries
Consumer Software, Entertainment
Total Funding
$102.9M
Headquarters
San Francisco, California
Founded
2007
Simplify's Take
What believers are saying
- Scribd's competitive pricing at $9.99 attracts cost-conscious consumers.
- The new credit-based model could increase user engagement and revenue.
- Tony Grimminck's appointment as CEO suggests a focus on growth and user experience.
What critics are saying
- Shift to credit-based model may alienate subscribers preferring unlimited access.
- Spotify's audiobook expansion could draw away Scribd's subscribers.
- Consumers cutting back on subscriptions due to financial constraints may impact Scribd.
What makes Scribd unique
- Scribd offers a diverse range of content types beyond just e-books.
- The platform includes features like ScribdChat for author-reader interaction.
- Scribd's user-friendly interface enhances the overall reading experience.
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6 month growth
↑ 3%1 year growth
↓ -5%2 year growth
↓ -1%Benefits
Diversity, Equity, and Inclusion - A robust Diversity, Equity and Inclusion program that includes company-wide training, equitable hiring best practices, Employee Resource Groups, and company-wide goals.
Scribd flex - We embrace flexibility as a key principle and will allow employees, in partnership with their manager, to choose the workstyle that best suits their individual needs and preferences.
Health, Dental, Vision, Life & Disability - We offer comprehensive healthcare plans and cover premiums for employees at 100%. PPO, HMO, and High Deductible Health Plans are available so you can choose whichever coverage supports your lifestyle best.
Matching 401(k) - Easily save for retirement with our 401(k) plan and take advantage of up to 3% company match with no waiting period.
Paid Time Off - A generous paid time off program that includes vacation time, personal days, sabbaticals, volunteer time, winter break, sick time, and more.
Paid parental leave - We provide paid time away from work for our new biological, adoptive, or foster parents.
Wellbeing - Resources, workshops & events to support your wellbeing journey: Mind, Body & Soul.
Curated Career Paths and Continuous Learning - The power to explore career paths & possibilities, and the tools to support your growth. From continuing education, degrees, or certifications, we support our employee’s career journeys.
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