Wattpad
Latest round
- Series C
Last raised
- Apr 2014
Total raised
- $67M
Investors
- 10
About Wattpad
Wattpad Corp.Founded in 2007 in Toronto, Canada, Wattpad Corp. operates a platform for writers to share their stories with a global audience.Wattpad’s primary offering is its digital storytelling platform, which allows users to write, publish, and share their literary works with a global audience. The platform fosters a vibrant community where both aspiring and established authors can connect, receive feedback, and engage with readers. Wattpad Studios plays a crucial role in identifying talented writers on the platform, facilitating partnerships with multi-media entertainment companies to adapt popular stories into various formats such as films, television shows, and published books. The company also operates Wattpad Books, which is dedicated to publishing stories that represent diverse voices and making them accessible worldwide. These services cater to a diverse customer base that includes writers seeking exposure and publication, readers looking for original content, and media companies in search of compelling stories for adaptation.Wattpad generates revenue through various business models, including partnerships with media companies and publishers, direct-to-consumer offerings, and subscription services. Their flagship services include Wattpad Books and Wattpad Studios, which are integral to their revenue generation strategy. Transaction structures involve collaborations with global entertainment companies that seek to adapt popular stories from the platform, creating a mutually beneficial relationship. Additionally, Wattpad offers a premium subscription service that allows users to access exclusive content and features, enhancing user engagement and experience. While specific pricing details of the services are not disclosed, the revenue model is designed to capitalize on both the user base of writers and readers, as well as partnerships with established brands in the entertainment industry.
Who invested in Wattpad
10 investors across 4 rounds
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Questions about Wattpad
Who invested in Wattpad?
Wattpad has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wattpad raised?
Wattpad has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Wattpad last raise money?
Wattpad's most recent round on record is a Series C, in Apr 2014.
What does Wattpad do?
Wattpad is a media company.
Where is Wattpad headquartered?
Wattpad is headquartered in Toronto, Canada.
Which VCs invest in companies like Wattpad?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at Wattpad's stage. Their profiles are linked below.
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