LitRes - About the company
LitRes is a series A company based in Moscow (Russia), founded in 2005. It operates as an Online retailer of ebooks in Russia. LitRes has raised $5M in funding from Ozon. The company has 30 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like RIDI, Everand and Open Road Integrated Media.
Company Details
LitRes, founded in 2005 is one of the leading retailers of ebooks in Russia. It is the winner of Runet Award 2014. It has a collection of more than 750,000 e-books in Russian and foreign languages, among which about 25 000 are free books. Each month, the company provides a new catalog of more than 2000 books. LitRes deals with the largest publishing houses in Russia (Eksmo, AST, Ripol Classic, myth, Azbuka-Atticus, Peter et al.) and many leading authors.The company has also developed an ebook reading applications LitRes.
- Website
- www.litres.ru/
Key Metrics
Founded Year
2005
Location
Moscow, Russia
Stage
Series A
Total Funding
$5M in 2 rounds
Latest Funding Round
Ranked
1st among 30 active competitors
Employee Count
219 as on Jul 31, 2026
Investment & Acquisitions
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LitRes's funding and investors
LitRes has raised a total funding of $5M over 2 rounds. Its first funding round was on 2014. LitRes has 3 institutional investors.
Here is the list of recent funding rounds of LitRes:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 10, 2019 | 5726196 | Series A | 5191888 | 8017954 | 5553879 | 7278745 |
2014 | 7008 | Series A | 1102 | 6198 | 4555 |
View details of LitRes's funding rounds and investors
LitRes' founders and board of directors
Founder? Claim ProfileLitRes' employee count trend
LitRes has 219 employees as of Jul 26. Here is LitRes's employee count trend over the years:
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LitRes's Competitors and alternates
Top competitors of LitRes include RIDI, Everand and Open Road Integrated Media. Here is the list of Top 10 competitors of LitRes, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of ebooks in Russia | $5M | 65/100 | ||
2nd | RIDI 2008, Seoul (South Korea), Series C | E-book store operator | $159M | 49/100 | |
3rd | Everand 2005, San Francisco (United States), Unfunded | Online platform offering ebooks | - | - | 43/100 |
4th | Open Road Integrated Media 2009, New York City (United States), Acquired | Provider of digital & content marketing, and advertising services | $26M | 41/100 | |
5th | Provider of book reading solutions | $3.77M | 40/100 | ||
6th | ThuVienPDF 2020, Vietnam, Deadpooled | App-based book reading platform | - | - | 36/100 |
7th | Calibre 2006, Austin (United States), Deadpooled | Online platform offering eBook management solutions | - | - | 35/100 |
8th | Trajectory 2011, Marblehead (United States), Deadpooled | Space as a Service: Data, Compute, and Operations from orbit | $1M | - | 34/100 |
9th | BiblioOnDemand 2019, Lille (France), Seed | Platform providing eBooks and audiobooks to universities,public libraries and other institutions | $1.09M | 30/100 | |
10th | Rawialkotob 2016, Doha (Qatar), Unfunded | Distribution platform of digital content like eBook and audio-books | - | - | 27/100 |
Looking for more details on LitRes's competitors? Click here to see the top ones
LitRes's Investments and acquisitions
LitRes has acquired EDRK. LitRes has not made any investments as of now.Reports related to LitRes
Here is the latest report on LitRes's sector:
News related to LitRes
Media has covered LitRes for 1 event in last 1 year, It was about company updates.
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Beeline Uzbekistan introduces e-library service from LitresTelecompaper•Aug 06, 2024•Beeline, LitRes
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Russian e-book leader Litres expands to Poland, Baltic states and FinlandEast-West Digital News•Nov 06, 2019•LitRes, EDRK
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