Literal Overview
- Year Founded
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2018
- Status
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Private
- Employees
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10
- Latest Deal Type
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Seed
- Latest Deal Amount
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$1.2M
- Investors
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4
Literal General Information
Description
Developer of a digital book reading platform designed to provide eBook reading facilities for fun, engaging, and entertaining. The company's platform offers unabridged books in a familiar and friendly group messaging format and takes advantage of the same brain chemistry at work in social media applications, enabling teachers, parents, and readers to track reading progress, activity, and average reading speed.
Contact Information
Website
www.literalapp.comCorporate Office
- 412 West Rivers Edge
- Provo, UT 84604
- United States
Corporate Office
- 412 West Rivers Edge
- Provo, UT 84604
- United States
Literal Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Seed Round | 02-Sep-2025 | $1.2M | Completed | Generating Revenue | ||
| 3. Seed Round | 01-Jul-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 20-Aug-2020 | $850K | $850K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Jan-2019 | $500K | Completed | Generating Revenue |
Literal Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 3,167,633 | $0.000010 | $0.34 | $0.34 | 1x | $0.34 | 7.58% | |
| Seed-1 | 3,565,344 | $0.000010 | $0.64 | $0.64 | 1x | $0.64 | 12.95% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Literal Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Literal Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Literal Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BITKRAFT Ventures Management | Venture Capital | Minority | ||
| Investible | Venture Capital | Minority | ||
| Kickstart (US) | Venture Capital | Minority | ||
| Park City Angels | Angel Group | Minority |
Literal FAQs
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When was Literal founded?
Literal was founded in 2018.
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Where is Literal headquartered?
Literal is headquartered in Provo, UT.
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What is the size of Literal?
Literal has 10 total employees.
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What industry is Literal in?
Literal’s primary industry is Publishing.
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Is Literal a private or public company?
Literal is a Private company.
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What is the current valuation of Literal?
The current valuation of Literal is .
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What is Literal’s current revenue?
The current revenue for Literal is .
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How much funding has Literal raised over time?
Literal has raised $5.55M.
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Who are Literal’s investors?
BITKRAFT Ventures Management, Investible, Kickstart (US), and Park City Angels have invested in Literal.
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