# Spines

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

- Industry: Software
- Headquarters: Boynton Beach, US
- Website: www.spines.com
- Total disclosed funding: $23M
- Latest round: Series A (Nov 19, 2024)
- Investors on record: 4

## About

Based in Florida, US, and founded by Yehuda Niv, Lev David, Nir Kenner, and Niv Odat, Boox Publishing Technologies US Inc., doing business as Spines, provides a platform that streamlines the workflow for authors, allowing users to upload new titles and monitor progress through the production stages. In November 2024, Spines raised USD 16 million in series A funding led by new investor Zeev Ventures, with participation from returning investors Aleph, M-Fund Club, and LionTree.

Spines offer authors a one-stop solution for all their publishing needs, including proofreading, formatting, cover design, eBook creation, print-on-demand services, and global distribution across various channels. The platform leverages artificial intelligence to streamline the editing phase. Their AI proofreader identifies grammatical errors, spelling mistakes, and typos, ensuring a polished manuscript. Additionally, the platform formats the book according to industry standards, preparing it for distribution. The software offers an advanced AI-powered platform that converts manuscripts into audiobooks. Spines facilitate the creation of e-books (compatible with various e-readers) and physical copies through print-on-demand services. This allows authors to avoid upfront printing costs and maintain control over inventory. The firm offers a centralised dashboard for authors to track book sales and royalty earnings across all distribution channels.

The company generates revenue through monthly subscriptions, which cost USD 49 per month for essentials, USD 99 per month for signature, and USD 169 per month for paramount. Additionally, the firm generates revenue by offering a membership plan for each product plan, which ranges from USD 19 per month to USD 49 per month.

The company plans to use the November 2024 funding to enhance Spines’ brand awareness and facilitate its powered AI publishing process.

## Funding rounds

- Series A, Nov 19, 2024, $16M — Aleph, LionTree, Zeev Ventures, M-Fund Club
- Seed, Apr 9, 2024, $6.5M — Aleph, LionTree, M-Fund Club

## Investors

- Aleph (https://capitalatlas.ai/funds/aleph) — Seed, Series A
- LionTree (https://capitalatlas.ai/funds/liontree) — Seed, Series A
- M-Fund Club (https://capitalatlas.ai/funds/m-fund-club) — Seed, Series A
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Series A