Readly
Latest round
- Series B
Last raised
- May 2017
Total raised
- $15M
Investors
- 5
About Readly
Founded in 2012 in Värnamo, Sweden, Readly AB operates as a digital magazine platform, allowing users to explore a wide range of publications.63 million shares on the Nasdaq Stockholm.Readly offers a comprehensive digital magazine subscription service that provides access to a wide array of magazines through a single app.99 mn per month, allowing users to explore a diverse selection of magazines across various genres, including lifestyle, technology, fashion, and health. This service primarily targets avid readers, families, and professionals looking for convenient access to publications without the need for individual purchases. Readly serves a global audience, with its services available in multiple regions, including Europe, Asia, Oceania, the Americas, and Africa.37 mn. Future initiatives include the launch of new digital products aimed at increasing user engagement and broadening its magazine selection. Specific target markets for expansion have not been detailed, but the company aims to leverage its existing infrastructure to reach more customers globally by late 2023.
Who invested in Readly
5 investors across 1 round
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Funding rounds
Series B
May 17, 2017
Amount
$15M
Investors
Questions about Readly
Who invested in Readly?
Readly has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Readly raised?
Readly has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Readly last raise money?
Readly's most recent round on record is a Series B, in May 2017.
What does Readly do?
Founded in 2012 in Värnamo, Sweden, Readly AB operates as a digital magazine platform, allowing users to explore a wide range of publications.
Where is Readly headquartered?
Readly is headquartered in Vaxjo, Sweden.
Which VCs invest in companies like Readly?
Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back media companies at Readly's stage. Their profiles are linked below.
VCs backing media startups at Series B
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