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Literati
Subscription-based book club
- 101-200 employees
- B2C
- Publishing
- Learning
- Entertainment
- Austin, TX
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Company mission
To ignite a love of learning and a love of life.
10% employee growth in 12 months
Our take
The social restrictions that have arisen from the COVID-19 pandemic have presented serious challenges for the operation of in-person adult book clubs. Whilst digital alternatives have attempted to fill this gap, these are often focused heavily on digital reading and early education, resulting in a loss of interest to print-based book readers and adult bookworms.
Literati provides an all-in-one solution for modernized book clubs, consisting of a monthly subscription service for printed boo deliveries in addition to a mobile engagement app. The online book ranges are designed by authors for their audience, as opposed to being chosen by a bookclub leader. Whilst the startup focuses on being an adult alternative to existing solutions, ranges for children and young adults are also provided.
Despite several other online bookclub services to compete with, Literari has found a unique gap in the market by focusing on paperback books chosen by celebrity authors. As opposed to engaging with a local community, users will engage with other like-minded readers, which Literati believes will improve the experience for all involved.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
Company values
- We are a creative company
- We are obsessed with our craft
- We take extreme ownership
- We don't confuse motion with progress
- We take care of ourselves so we can take care of others
Funding (last 2 of 3 rounds)
Jan 2021
$40m
SERIES B
Oct 2019
$12m
SERIES A
Total funding: $92m
This company has top investors
Leadership
Jessica Ewing
(CEO)Having studied at Stanford, Jessica spent almost 5 years as a Google Product Manager, before working for Boulder Outdoor Survival School and co-founding Literati in September 2016. They have served as CEO ever since, as well as on the Joseph Campbell Foundation Board of Directors.