Storytel
Storytel is a leading provider of audiobook and e-book streaming services, offering unlimited access to a diverse range of titles across more than 20 markets. Founded in 2005 and headquartered in Sweden, the company operates under the Storytel and Mofibo brands, providing users with the ability to explore a wide array of genres, including detective stories, novels, and biographies, in multiple languages such as Swedish, English, Arabic, Danish, and Finnish. Storytel also has a significant publishing division that includes several established publishing houses, such as Norstedts, Massolit, and B. Wahlstrom, focusing on both adult and children's literature. The company has expanded its services internationally, with operations in countries like Denmark, Norway, the Netherlands, and the USA, positioning itself as a prominent player in the subscription-based audiobook and e-book market.
Top Stages
14 past transactions
ElevenLabs
Venture Round in 2023
ElevenLabs is a company focused on advancing voice artificial intelligence to enhance content accessibility across languages. It specializes in developing an AI-driven voice dubbing tool that automatically translates and dubs videos and podcasts into multiple languages. This innovative technology preserves the original voice and emotional tone, allowing businesses to reach new audiences by effortlessly publishing their content in different languages. ElevenLabs aims to make content universally enjoyable and accessible, thereby broadening the potential viewer base for creators and businesses alike.
Audiobooks
Acquisition in 2021
Audiobooks Inc., operating as audiobooks.com, is a company that specializes in providing audiobook services for enthusiasts. It offers a diverse selection of titles across various genres, including business, fiction, non-fiction, romance, mystery, and more. Users can access the audiobooks through a dedicated application available on iOS and Android devices, allowing them to enjoy their favorite books anytime and anywhere. Based in Buffalo, New York, Audiobooks Inc. focuses on delivering a convenient and engaging listening experience for its customers. The company has been operating as a subsidiary of RBmedia since April 2017.
Lind
Acquisition in 2021
Lind & Co is a publishing house based in Stockholm, Sweden, specializing in a diverse array of books. The company publishes works across various genres, including fiction, non-fiction, children's literature, military history, and audiobooks. Lind & Co takes pride in offering both literary classics and contemporary stories, as well as specialized publications such as detective narratives and craft-related books. Through its extensive range of titles, the company aims to appeal to a wide audience, fostering a love for reading and learning.
iCast
Acquisition in 2020
iCast is an Israeli-based company specializing in the provision of podcasting and audiobook services. It operates a comprehensive platform that delivers a variety of content, including audiobooks and free materials such as radio shows, podcasts, lectures, and mixtapes.
Earselect
Acquisition in 2020
Earselect AB is a Nordic production company that specializes in remote audiobook production through its innovative cloud-based platform. This platform provides a comprehensive suite of tools designed for seamless remote recording, facilitating collaboration between publishers and narrators. Key features include a producer interface, a pronunciation database, and integrated proofing and post-production capabilities. By streamlining the entire process from planning to final production, Earselect aims to enhance the efficiency and enjoyment of audiobook creation, making it accessible and professional for users in the publishing industry.
Kitab Sawti
Acquisition in 2020
Kitab Sawti AB is a Swedish company established in 2016 that specializes in producing and distributing audiobooks and podcasts in Arabic. Based in Stockholm, the company has developed a mobile application that provides Arabic speakers with access to audiobooks, facilitating the discovery and enjoyment of Arabic literature. The platform collaborates with authors, publishers, and libraries to obtain exclusive copyrights, thereby promoting the reading and appreciation of Arabic literary works on a global scale. By offering features that allow users to easily find, play, and control their listening experience, Kitab Sawti aims to enhance the accessibility of Arabic literature and foster a greater understanding of the Arabic language. As of July 2020, Kitab Sawti operates as a subsidiary of Storytel AB.
Forlagid
Acquisition in 2020
Forlagid is a publishing house in Iceland. The company was created in 2007 when Mál og menning bought the publishing arm of Edda and merged with the publishing house JPV.
Gummerus
Acquisition in 2019
Gummerus Publishers is one the oldest publishing houses in Finland. The company was founded in 1872, and has been run as an independent family business ever since. A book is a promise of untold, unknown stories. The owners and staff of Gummerus still keep to the original business concept of Kaarle Jaakko Gummerus, the founder of the company, who wanted to publish books ‘For the Joy and Benefit of All Finnish People.’ This has been our business philosophy for over 140 years. Their publishing programme includes a broad range of both domestic and translated fiction and non-fiction. They publish around 160 new titles and approximately the same number of reprints every year. Gummerus employs about twenty-five publishing professionals and is Finland’s third largest trade publisher.
Ztory
Acquisition in 2019
Ztory is a Swedish startup that offers a subscription-based digital service providing access to a wide range of magazines, children's books, and other illustrated publications. Users can enjoy an extensive library of content for a fixed monthly fee, enabling them to explore diverse subjects and interests. Ztory's platform is designed for tablets and mobile devices, allowing readers to access thousands of publications conveniently. The company aims to foster a love for reading by connecting users with high-quality material tailored to their preferences.
Skynjun
Acquisition in 2017
Skynjun is an Icelandic company specializing in the production and online resale of audiobooks. It offers a diverse range of audio content, featuring works by prominent authors, which allows listeners to engage with literature through digital formats. By providing accessible audio experiences, Skynjun caters to a growing audience of consumers who prefer the convenience of listening to books on their computers and mobile devices. The company focuses on enhancing the enjoyment of literature and storytelling through its innovative audio offerings.
People's Press
Acquisition in 2017
People's Press is a Danish publishing house established in 2002, specializing in the publication of both fiction and non-fiction works. The company has gained recognition for its notable bestsellers in various genres, including literature and biographies. In addition to printing traditional books, People's Press also focuses on online publications, providing a platform for both renowned and freelance writers to reach a broader audience. Through its diverse publishing strategy, the company aims to support and promote a wide range of literary voices.
Kontentan
Acquisition in 2017
Kontentan was started by Thure Eneroth 1994 and has since built up a catalog of 440 abbreviated management books. During 2016 Kontentan’s audiobooks and e-books started to become available to Storytel’s customers.
Norstedts
Acquisition in 2016
Norstedts Publishing Group was founded in 1823 and is Sweden's oldest publishing house, with the ambition to be the most modern. In Norstedts Publishing Group includes Norstedts Norstedts and Norstedts Maps.
Mofibo
Acquisition in 2016
Mofibo, founded in Copenhagen in 2013, is one of the pioneering book subscription services globally. The company provides e-books through a proprietary platform that operates on a monthly subscription model, allowing consumers to access a diverse range of titles. Currently active in three countries, Mofibo plans to expand its reach into additional markets within the next year. With a focus on transforming the reading experience, Mofibo employs a data-driven and customer-centric approach to enhance how millions of people interact with books.
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