Friday, October 25, 2019

Literati Finds $12M For Children's Subscription Book Service

Austin-based Literati, a startup which lets parents sign up their kids for age-appropriate book clubs-receiving a "book box" once a month--has raised $12M in a Series A funding round. The funding was led by Shasta Ventures. Literati's service costs $9.95, and offers up five books that match a child's age group each month, letting parents try out and send back those books they don't want to buy. The funding brings the company's total raised to $14.3M in total, including an earlier seed funding.