Reedsy - About the company
Reedsy is a seed company based in London (United Kingdom), founded in 2014 by Ricardo Fayet. It operates as a Network connecting authors with freelance editors, designers, and marketing professionals. Reedsy has raised $1.16M in funding from investors like Seedcamp, DCT Ventures and Modulor Capital, with a current valuation of $*****. The company has 33 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like Ebyline, Ureed.com and Contentlane.
Company Details
Network connecting authors with freelance editors, designers, and marketing professionals. It provides access to professionals for editing, design, marketing, ghostwriting, translation, and website design services. The network enables authors to browse profiles, request quotes, and collaborate on projects. It also offers writing courses, events, and resources for authors.
- Website
- reedsy.com
Key Metrics
Founded Year
2014
Location
London, United Kingdom
Stage
Seed
Total Funding
$1.16M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 12, 2020
Ranked
1st among 33 active competitors
Annual Revenue
£1M - £10M as on Jan 31, 2020
Employee Count
532 as on Aug 31, 2026
Legal entities associated with Reedsy
Reedsy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REEDSY LIMITED CIN: 08841985 , United Kingdom, Active | Jan 12, 2014 | £1M - £10M (As on Jan 31, 2020) | 15 (As on Jan 31, 2024) |
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Reedsy's funding and investors
Reedsy has raised a total funding of $1.16M over 6 rounds. Its first funding round was on Jul 10, 2014. Its latest funding round was a Seed round on Aug 19, 2022 for $*****. 8 investors participated in its latest round. Reedsy has 15 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Reedsy:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2022 | 9256328 | Seed | 6280308 | 3582810 | 1244599 | 3520112 |
May 12, 2020 | 6871148 | Seed | 4730236 | 1500156 | 9724913 | 4231723 |
Jul 31, 2018 | 4733227 | Grant (prize money) | 3690462 | 8153105 | 2418053 |
View details of Reedsy's funding rounds and investors
Reedsy's founders and board of directors
Founder? Claim ProfileThe founders of Reedsy is Ricardo Fayet.
Here are the details of Reedsy's key team members:
- Ricardo Fayet: Co-Founder of Reedsy.
View details of Reedsy's Founder profiles and Board Members
Reedsy's employee count trend
Reedsy has 532 employees as of Aug 26. Here is Reedsy's employee count trend over the years:
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Reedsy's Competitors and alternates
Top competitors of Reedsy include Ebyline, Ureed.com and Contentlane. Here is the list of Top 10 competitors of Reedsy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Reedsy 2014, London (United Kingdom), Seed | Network connecting authors with freelance editors, designers, and marketing professionals | $1.16M | 45/100 | |
2nd | Ebyline 2009, Los Angeles (United States), Acquired | Connects businesses with freelance content creators and influencers for marketing | $6.69M | 36/100 | |
3rd | Ureed.com 2017, Dubai (United Arab Emirates), Seed | Freelance content writers and translators marketplace | - | 34/100 | |
4th | Contentlane 2015, Kolkata (India), Unfunded | Online freelance marketplace for content writers | - | - | 34/100 |
5th | Writershub.org 2013, United States, Unfunded | Operator of a platform connecting freelance content creators with projects | - | - | 33/100 |
6th | Online freelancer marketplace for writers | - | - | 29/100 | |
7th | Contena 2015, Thornton (United States), Unfunded | Platform for finding freelance content writers | - | - | 29/100 |
8th | nDash 2013, Concord (United States), Seed | Cloud-based content creation software solution provider | - | 29/100 | |
9th | Nerdy Turtlez 2016, Noida (India), Unfunded | Freelancing platform for academic writers | - | - | 28/100 |
10th | Writology 2010, Roseville (United States), Unfunded | Freelance marketplace and professional writing service provider | - | - | 25/100 |
Looking for more details on Reedsy's competitors? Click here to see the top ones
Reedsy's Investments and acquisitions
Reedsy has made no investments or acquisitions yet.
Reports related to Reedsy
Here is the latest report on Reedsy's sector:
News related to Reedsy
•
Creator Monetisation Platform, ReDesyn raised $500K in pre series A from Fluid Ventures and othersStartupNews•Aug 16, 2022•ReDesyn, Fluid Ventures, Capri Loans, Modulor Capital and 8 others
•
•
Reedsy now lets you print your book on Blurb in no timeStarter Incubator•Jun 07, 2017•Reedsy, Blurb, Blurb
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Reedsy Launches Book Editor To Seamlessly Turn Your Draft Into A BookTechCrunch+•Feb 16, 2016•Reedsy
•
Reedsy Launches Behance-Like Profiles To Let Authors Showcase Their BooksTechCrunch+•Apr 03, 2015•Reedsy
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