Fable - About the company
Fable is a series A company based in Palo Alto (United States), founded in 2019 by Padmasree Warrior. It operates as an App-based platform offering multiple stories for reading. Fable has raised $28.8M in funding from Redpoint Ventures and Tiger Global Management. The company has 41 active competitors, including 6 funded and 6 that have exited. Its top competitors include companies like Goodreads, Douban and Glose.
Company Details
App-based platform offering multiple stories for reading. It allows users to read the book with influencers or friends in reading clubs for digital natives. It also curates and summerise books for users. It provides stories to promote mental health wellness. Its app is available for Android and iOS devices.
- Website
- fable.co
- Email ID
- *****@fable.co
- Phone Number
- +1 **********
Key Metrics
Founded Year
2019
Location
Palo Alto, United States
Stage
Series A
Total Funding
$28.8M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 41 active competitors
Employee Count
28 as on Jun 30, 2026
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Fable's funding and investors
Fable has raised a total funding of $28.8M over 2 rounds. Its first funding round was on Aug 03, 2020. Its latest funding round was a Series A round on Dec 16, 2021 for $*****. 5 investors participated in its latest round. Fable has 8 institutional investors.
Here is the list of recent funding rounds of Fable:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 16, 2021 | 8519141 | Series A | 9573659 | 4655796 | 1952561 | 3699802 |
Aug 03, 2020 | 9820784 | Seed | 2665696 | 4038953 | 7620480 |
View details of Fable's funding rounds and investors
Fable's founders and board of directors
Founder? Claim ProfileThe founders of Fable is Padmasree Warrior. Padmasree Warrior is the CEO of Fable.
Here are the details of Fable's key team members:
- Padmasree Warrior: Founder & CEO of Fable. They are also an angel investor in 1 startup and serve on the board of 1 company.
View details of Fable's Founder profiles and Board Members
Fable's employee count trend
Fable has 28 employees as of Jun 26. Here is Fable's employee count trend over the years:
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Fable's Competitors and alternates
Top competitors of Fable include Goodreads, Douban and Glose. Here is the list of Top 10 competitors of Fable, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fable 2019, Palo Alto (United States), Series A | App-based platform offering multiple stories for reading | $28.8M | 71/100 | |
2nd | Goodreads 2007, San Francisco (United States), Acquired | Discover and share books with recommendations, reviews, and community features | $2.75M | 64/100 | |
3rd | Online community platform for book enthusiasts | $59M | 52/100 | ||
4th | Social reading platform for e-books | $3.41M | 49/100 | ||
5th | SageSpot 2021, New York City (United States), Seed | Provider of community marketing solutions | $5.1M | 42/100 | |
6th | Community platform for Bibliophiles | - | - | 41/100 | |
7th | BookSloth 2018, San Juan (Puerto Rico), Acquired | Book recommendation application | - | 40/100 | |
8th | Platform for users to discuss books and connect with others | - | - | 40/100 | |
9th | Online community platform for authors and book lovers | - | 38/100 | ||
10th | Anobii 2006, London (United Kingdom), Acquired | Online community for readers | - | - | 36/100 |
Looking for more details on Fable's competitors? Click here to see the top ones
Fable's Investments and acquisitions
Fable has made no investments or acquisitions yet.
Reports related to Fable
Here is the latest report on Fable's geography:
News related to Fable
Media has covered Fable for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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$120 Million Startup Fable's AI Teaches Better Security with $31 Million RaiseForbes•Jul 28, 2025•Fable, Abnormal, KnowBe4, Pennymac and 1 other
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Fable Joins Everand to Create the Future of Social ReadingBusinessnewsthisweek•Jun 10, 2025•Everand, Fable, Scribd, Inc
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Fable Raises $13.4 Million Cad, Launches Accessibility Training Program For BusinessesBetaKit•May 17, 2022•Fable, Five Elms Capital, Difference Partners, Disruption Ventures and 5 others
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Fable Raises $9M for its Direct-to-Consumer Pet Product BrandAlleyWatch•Jan 13, 2022•Fable, Slow Ventures, Female Founders Fund, 14W
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Fable Raises Series A Funding RoundFinSMEs•Dec 17, 2021•Fable, Tiger Global Management, Gaingels, Breyer Capital and 2 others
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