Reedsy
A platform that helps authors create high-quality books by connecting them with the world's best editors, designers, marketers or ghostwriters.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
€1.1m | Grant | ||
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 223 % | 206 % | 62 % | 35 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (71 %) | (27 %) | 10 % | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | - | 157 % | - | - | - |
Source: Company filings or news article, Dealroom estimates
Related Content
Reedsy operates as a marketplace connecting authors and publishers with a network of vetted freelance professionals for book creation. The platform caters to authors at all stages of the publishing process, from drafting and editing to design and marketing. The business model is based on providing a platform for collaboration and project management between authors and freelancers. Reedsy likely generates revenue by taking a commission from the fees paid to freelancers for their services on the platform.
The company also offers a free-to-use online book production tool called Reedsy Studio, which allows authors to write, edit, and format their books for publishing. This tool can be seen as a way to attract and retain authors on the platform, who may then go on to hire freelancers for other services.
Keywords: author services, freelance marketplace, book publishing, editing, book design, book marketing, self-publishing, publishing platform, writing tool, author resources