Kitab Sawti Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
50
- Latest Deal Type
-
M&A
Kitab Sawti General Information
Description
Developer of an audiobook platform intended to promote reading and speaking of Arabic literature. The company's platform collaborates with authors, publishers, and libraries with exclusive copyrights to spread the Arabic literature to the global audience, enabling users to learn more about Arabic language and literature.
Contact Information
Website
www.kitabsawti.comCorporate Office
- Fleminggatan 105
- 112 45 Stockholm
- Sweden
Corporate Office
- Fleminggatan 105
- 112 45 Stockholm
- Sweden
Kitab Sawti Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 08-Jul-2020 | 000.00 | Completed | Generating Revenue | ||
5. Early Stage VC (Series A) | 03-May-2019 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
4. Early Stage VC | 27-Apr-2018 | 00.000 | 00.000 | 000.00 | Completed | Generating Revenue |
3. Early Stage VC | 04-Sep-2017 | 00.00 | 00.000 | 00.00 | Completed | Generating Revenue |
2. Angel (individual) | 31-Dec-2016 | $163K | $163K | 00.000 | Completed | Startup |
1. Accelerator/Incubator | Completed | Startup |
Kitab Sawti Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | 00,000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | ||
Ordinary | 00,000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | ||
Ordinary | 21,675 | $67.57 | $67.57 | 1x | $67.57 | 16.01% | ||
Ordinary | 6,000 | $26.7 | $26.7 | 1x | $26.7 | 4.43% |
Kitab Sawti Comparisons
Industry
Financing
Details
Kitab Sawti Competitors (8)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Wattpad | Formerly VC-backed | Toronto, Canada | 000 | 00000 | 000000&0 | 00000 |
Blendle | Formerly VC-backed | Utrecht, Netherlands | 00 | 00.000 | 000000&0 | 00.000 |
Scribd | Venture Capital-Backed | San Francisco, CA | 000 | 000.00 | 00000000000 | 000.00 |
Bookmate | Venture Capital-Backed | Dublin, Ireland | 00 | 000.00 | 00000000000 | 000.00 |
Inkitt | Venture Capital-Backed | New York, NY | 000 | 00000 | 00000000000 | 00000 |
Kitab Sawti Signals
Kitab Sawti Former Investors (15)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abdulla Elyas | Angel (individual) | Minority | 000 0000 | 000000 0 |
Bonnier Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
Creades | PE/Buyout | Minority | 000 0000 | 000000 0 |
Inbox Capital | Venture Capital | Minority | 000 0000 | 000000 0 |
Jacob Dalborg | Angel (individual) | Minority | 000 0000 | 000000 0 |
Kitab Sawti Subsidiaries (2)
Company Name | Industry | Location | Founded |
---|---|---|---|
Storytel Production | Stockholm, Sweden | 2014 | |
Ztory | Publishing | Karlstad, Sweden | 0000 |
Kitab Sawti FAQs
-
When was Kitab Sawti founded?
Kitab Sawti was founded in 2016.
-
Who is the founder of Kitab Sawti?
Sebastian Bond and Anton Pollack are the founders of Kitab Sawti.
-
Where is Kitab Sawti headquartered?
Kitab Sawti is headquartered in Stockholm, Sweden.
-
What is the size of Kitab Sawti?
Kitab Sawti has 50 total employees.
-
What industry is Kitab Sawti in?
Kitab Sawti’s primary industry is Publishing.
-
Is Kitab Sawti a private or public company?
Kitab Sawti is a Private company.
-
What is Kitab Sawti’s current revenue?
The current revenue for Kitab Sawti is 000000.
-
How much funding has Kitab Sawti raised over time?
Kitab Sawti has raised $10.1M.
-
Who are Kitab Sawti’s investors?
Abdulla Elyas, Bonnier Capital, Creades, Inbox Capital, and Jacob Dalborg are 5 of 15 investors who have invested in Kitab Sawti.
-
Who are Kitab Sawti’s competitors?
Wattpad, Blendle, Scribd, Bookmate, and Inkitt are some of the 8 competitors of Kitab Sawti.
-
When was Kitab Sawti acquired?
Kitab Sawti was acquired on 08-Jul-2020.
-
Who acquired Kitab Sawti?
Kitab Sawti was acquired by Storytel.
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