Inkitt was founded by Ali Albazaz.

Who are Inkitt's investors?

Inkitt's investors include Axel Springer Digital Ventures, CoastCap, Earlybird Venture Capital, Frontline Ventures, Khosla Ventures, Kleiner Perkins, New Enterprise Associates (NEA), Xploration Capital and 5 more.

How much funding has Inkitt raised?

Inkitt has disclosed $96M raised across 2 of its 4 known rounds.

Inkitt

17 known investors

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Inkitt is a digital publishing platform where writers can upload manuscripts for free while retaining full copyright, readers can discover and provide feedback on books without ads, and high-performing titles are published through the Galatea app.

Creator Economy Media & Entertainment

Founders & leadership

Ali Albazaz Founder & CEOAli Albazaz is founder and CEO of Inkitt, a digital publishing platform that uses machine learning to identify high-performing manuscripts from its community of writers and publishes select titles through the Galatea app and related media properties.

Investors · 17

Axel Springer Digital Ventureslisted by Axel Springer Digital VenturesBerlin

How we know: Axel Springer Digital Ventures's portfolio page · Not right? Tell us

CoastCaplisted by CoastCapVienna

How we know: CoastCap's portfolio page · Not right? Tell us

Earlybird Venture Capitallisted by Earlybird Venture CapitalBerlin · $540K – $12M

How we know: Earlybird Venture Capital's portfolio page · Not right? Tell us

Frontline Ventureslisted by Frontline VenturesSan Francisco · $540K – $3.2M

How we know: Frontline Ventures's portfolio page · Not right? Tell us

Khosla Ventureslisted by Khosla VenturesMenlo Park · $5K – $50M

How we know: Khosla Ventures's portfolio page · funding news · lunch.publishersmarketplace.com · the VCSheet dataset · Not right? Tell us

Kleiner Perkinslisted by Kleiner PerkinsMenlo Park · $500K – $15M

How we know: Kleiner Perkins's portfolio page · techcrunch.com · Not right? Tell us

New Enterprise Associates (NEA)listed by New Enterprise Associates (NEA)Menlo Park · $200K – $40M

How we know: New Enterprise Associates (NEA)'s portfolio page · a partner's Signal profile · techcrunch.com · Not right? Tell us

Xploration Capitallisted by Xploration CapitalLondon

How we know: Xploration Capital's portfolio page · techcrunch.com · Not right? Tell us

Cavalry VenturesreportedBerlin · $500K – $4M

How we know: a partner's Signal profile · Not right? Tell us

Holtzbrinck Digital GmbHreportedMunich

How we know: tech.eu · Not right? Tell us

HV CapitalreportedMunich, Bavaria · $540K – $54M

How we know: a partner's Signal profile · techcrunch.com · Not right? Tell us

redalpinereportedZug · $108K – $2.2M

How we know: a partner's Signal profile · techcrunch.com · the VCSheet dataset · Not right? Tell us

SpeedinvestreportedVienna · $5M – $30M

How we know: a partner's Signal profile · techcrunch.com · Not right? Tell us

Also in the syndicate · 4

Axel SpringerleadEarlybirdHV Holtzbrinck VenturesRedalpine Capital

Funding

SEC filings, press & company announcements

$96M disclosed across 2 of 4 rounds · 2019–2025

$37MSeries CFeb 2024 · 2 sources
Khosla Ventures (lead)
Source ↗
$59MSeries BOct 2021 · 2 sources
Axel Springer (lead), NEA (lead), Holtzbrinck Digital, HV Capital, Kleiner Perkins, Redalpine, Speedinvest
Source ↗
Undisclosed amountSeries AAug 2019
Kleiner Perkins (lead), Earlybird, HV Holtzbrinck Ventures, Redalpine Capital, Speedinvest, Xploration Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 3

GoodreadsGoodreads is a social platform for readers to track books, share reviews with friends, and get personalized book recommendations from a recommendation engine. It serves book readers looking to discover new titles and discuss reading.

WattpadWattpad is a digital platform where users can read, write, and share stories, with a mobile app enabling access to stories and community features on-the-go.

AudibleAudible produces and distributes audio entertainment, including Audible Originals, audiobooks, and podcasts created with storytellers worldwide for its global base of listeners. The company operates in the audio media and entertainment category.

Companies working in the same space as Inkitt.

In the news

Inkitt, the self-publishing platform using AI to develop bestsellers, nabs $37M | TechCrunchtechcrunch.com · Feb 2024

Inkitt books $59M investment, wants to turn its data-driven, self-publishing platform into a multimedia powerhouse | TechCrunchtechcrunch.com · Oct 2021

Frequently asked questions

What does Inkitt do?: Inkitt is a digital publishing platform where writers can upload manuscripts for free while retaining full copyright, readers can discover and provide feedback on books without ads, and high-performing titles are published through the Galatea app.
Who founded Inkitt?: Inkitt was founded by Ali Albazaz.
Who are Inkitt's investors?: Inkitt's investors include Axel Springer Digital Ventures, CoastCap, Earlybird Venture Capital, Frontline Ventures, Khosla Ventures, Kleiner Perkins, New Enterprise Associates (NEA), Xploration Capital and 5 more.
How much funding has Inkitt raised?: Inkitt has disclosed $96M raised across 2 of its 4 known rounds.