Inkitt Revenue and Competitors

Did you know that Harry Potter was rejected by 13 publishers and was only published because the 14th publisher?s 8-year-old daughter found the manuscript, read it, and liked it? Twilight was rejected by 14 publishers, Stephen King?s first book was rejected by 30 publishers, and James Patterson was rejected by 31 publishers. We asked ourselves: how many great and talented authors are there who must have given up after a few rejections and never had the chance to get published? At Inkitt, we believe that every author should have an equal chance to succeed. Our mission is to discover hidden talents from all around the world and turn them into globally successful authors. On the Inkitt platform over 100,000 authors upload their manuscripts and 2 million readers can read them for free. The best stories are objectively selected based on reader engagement and published on our immersive reading app Galatea. Currently, our most successful author Sapir Englard, a 22 year old from Israel who uploaded her story to Inkitt in 2018 and her story is selling faster than Harry Potter on Galatea all around the world. We're a team of 60 hard-working, extremely talented, and highly dedicated entrepreneurs and artists who have raised $21m from Investors of Amazon, Google and Uber. Join us to build the Disney of the 21st Century!