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Inkitt - About the company

Inkitt is a series C company based in San Francisco (United States), founded in 2013 by Ali Albazaz and Denis Stepanov. It operates as an AI-based self-publishing platform for writers. Inkitt has raised $117M in funding from investors like New Enterprise Associates, Khosla Ventures and Axel Springer, with a current valuation of $*****. The company has 638 active competitors, including 27 funded and 25 that have exited. Its top competitors include companies like Pratilipi, BriBooks and WEBook.

Company Details

AI-based self-publishing platform for writers. The platform helps writers and book enthusiasts to publish, share, and discover stories on the platform. Uses algorithms to predict future bestsellers based on the reading list of users. Works with publishing houses to print top picks identified. The mobile application is available for Android users.
Website
inkitt.com
Social
XFacebook
Email ID
*****@inkitt.com
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series C
Total Funding
$117M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 27, 2024
Ranked
Employee Count
323 as on Jun 30, 2026
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Inkitt's funding and investors

Inkitt has raised a total funding of $117M over 6 rounds. Its first funding round was on Nov 2015. Its latest funding round was a Series C round on Feb 27, 2024 for $*****. 5 investors participated in its latest round. Inkitt has 21 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Inkitt:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 27, 2024
2921376
Series C
9474868
9375317
8733945
6914089
Mar 27, 2022
1783417
Series C
4589950
3082513
7407263
Oct 05, 2021
6338036
Series B
7156194
1807573
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Inkitt's founders and board of directors

Founder? Claim Profile
The founders of Inkitt are Ali Albazaz and Denis Stepanov. Ali Albazaz is the CEO of Inkitt.
Here are the details of Inkitt's key team members:

Inkitt's Board of Directors

Inkitt's board has 1 active member. Ali Albazaz is part of team.
Here is the list of Inkitt's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 6m

Inkitt's employee count trend

Inkitt has 323 employees as of Jun 26. Here is Inkitt's employee count trend over the years:
Employee count trend for Inkitt
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Inkitt's Competitors and alternates

Top competitors of Inkitt include Pratilipi, BriBooks and WEBook. Here is the list of Top 10 competitors of Inkitt, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Pratilipi
Pratilipi
2014, Bengaluru (India), Series E
Online self-publishing and storytelling platform offering digital literature in multiple languages
$97M
81/100
2nd
Logo for Inkitt
Inkitt
2013, San Francisco (United States), Series C
AI-based self-publishing platform for writers
$117M
63/100
3rd
Logo for BriBooks
BriBooks
2022, Singapore (Singapore), Seed
Provider of platform for children to learn creative writing and publish
$1.5M
60/100
4th
Logo for WEBook
WEBook
2007, New York City (United States), Deadpooled
A collaborative book-writing website
$5M
59/100
5th
Logo for Blurb
Blurb
2005, San Francisco (United States), Acquired
Self-publishing platform empowering creators to design, publish, and sell books
$23.7M
55/100
6th
Logo for Lulu
Lulu
2002, Morrisville (United States), Unfunded
Self-publishing platform for indie authors
-
-
55/100
7th
Logo for MatruBharti
MatruBharti
2015, Ahmedabad (India), Seed
App-based self-publishing platform in vernacular languages
$1M
55/100
8th
Logo for Pronoun
Pronoun
2009, New York City (United States), Acquired
A digital book publishing platform
$11.3M
49/100
9th
Logo for Juggernaut
Juggernaut
2015, Delhi (India), Series A
Mobile-first publishing platform for authors
$5.23M
47/100
10th
Logo for Pencil
Pencil
2015, Mumbai (India), Seed
Provider of a platform for book writing and reading
$2.9M
47/100
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Inkitt's Investments and acquisitions

Inkitt has made no investments or acquisitions yet.

Reports related to Inkitt

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News related to Inkitt

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FAQs about Inkitt

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