# Booktrack Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/booktrack-holdings

- Industry: Media
- Headquarters: Auckland, New Zealand
- Website: www.booktrack.com
- Total disclosed funding: $7M
- Latest round: Series B (Jul 21, 2015)
- Investors on record: 5

## About

Booktrack specializes in audiobook production, offering innovative solutions that enhance the storytelling experience through synchronized audio tracks, catering to both publishers and production companies.Founded in 2010 in Auckland, New Zealand, Booktrack Holdings Limited focuses on creating immersive audiobook experiences, enabling publishers to enhance their audio production. The company has undergone no notable pivots but has successfully raised funding across multiple rounds, with a notable Series B round in July 2015, during which it secured USD 5 mn from Coent Venture Partners, Park Road Post Production, Sparkbox Investments, and Valar Ventures. The firm has completed three deals to date, reflecting its commitment to growth in the audiobook sector.Booktrack specializes in providing a comprehensive solution for audiobook production, aiming to meet the increasing demand for high-quality audio content. Their core offerings include post-production services, narration, and immersive audiobook experiences, all designed to help publishers scale their production capabilities effectively. The services are tailored to accommodate the specific workflows of their clients, which include audiobook publishers and production companies. Booktrack's solutions facilitate seamless communication through dedicated project management, ensuring real-time updates on recording quality and adherence to schedule. The company operates primarily in North America, Europe, and parts of the Asia-Pacific region, where it serves a diverse client base of over 100,000 books available in the marketplace, reflecting significant market penetration.Booktrack operates on a B2B model, generating revenue through collaboration with audiobook publishers and production firms. The transaction structure often includes partnerships where clients can customize services based on their production needs and volumes, ensuring scalability without compromising quality. Booktrack's pricing model is flexible and competitive, accommodating varying production sizes while delivering industry-standard master recordings. Clients benefit from a 24-hour production cycle, enabling timely delivery of high-quality audio content. Specific pricing plans for the services offered, including flagship products like their immersive audiobook experiences, are structured to adapt to the client's requirements, promoting long-term partnerships within the audiobook industry.Following the recent Series B funding round in July 2015, Booktrack plans to further develop its product offerings and expand into new markets. The funding will be utilized to enhance its technology and expedite the production process, allowing for the launch of new audiobook features aimed at improving user engagement. Geographic expansion is also a key focus, particularly targeting markets in Asia and Europe by 2024, as the company seeks to increase its footprint in the growing global audiobook sector.

## Funding rounds

- Series B, Jul 21, 2015, $5M — Valar, Park Road Post Production, Sparkbox Investments, Coent Venture Partners
- Series B, Dec 17, 2012, $2M — New Zealand Growth Capital Partners, Valar, Park Road Post Production, Sparkbox Investments

## Investors

- New Zealand Growth Capital Partners — Series B
- Valar (https://capitalatlas.ai/funds/valar) — Series B
- Park Road Post Production — Series B
- Sparkbox Investments — Series B
- Coent Venture Partners (https://capitalatlas.ai/funds/coent-venture-partners) — Series B