# Literati

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/literati

- Industry: Retail
- Headquarters: Austin, US
- Website: www.literati.com
- Total disclosed funding: $56M
- Latest round: Series B (Jan 27, 2021)
- Investors on record: 8

## About

Based in Texas, US, and founded in 2017, Literati, Inc. provides subscription book services for children and adults. The company delivers books loved by teachers, parents, and librarians which helps their children discover the magical story in every box. In February 2018, Literati launched a donation service that allows families to send back books they no longer need, and donated books are sent to homeless shelters and under-served youth organizations. 

Literati, Inc. provides book clubs such as Literati Luminary and Literati Kids which allows customers to buy books online, connect in the app, or deliver to their door monthly. 

The company plan to expand its product line to clubs curated by luminaries as a collection of authors, intellectual, and other notable figures.

## Funding rounds

- Series B, Jan 27, 2021, $40M — General Catalyst Partners, Shasta Ventures, Founders Fund, Felicis Ventures, Silverton Partners, Gaingels, Springdale Ventures, 01A
- Series A, Oct 23, 2019, $16M — Shasta Ventures, Founders Fund, Silverton Partners

## Investors

- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A, Series B
- Silverton Partners (https://capitalatlas.ai/funds/silverton-partners) — Series A, Series B
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series B
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B
- Springdale Ventures (https://capitalatlas.ai/funds/springdale-ventures) — Series B
- 01A (https://capitalatlas.ai/funds/01a) — Series B