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Readly

eCommerce & Marketplaces · Stockholm, Sweden · Founded 2012 · IPO 2020

A mobile app offers thousands of magazines and journals in one place MoreLess

Readly is a digital subscription service that provides users with unlimited access to thousands of magazines and their back issues through a single subscription. The company operates in the digital publishing market, catering primarily to individual consumers who enjoy reading magazines on various topics such as politics, business, health, science, society, and entertainment.

The business model of Readly is based on a subscription service. Users pay a monthly fee to gain access to a vast library of magazines, which they can read on their smartphones, tablets, or computers. This model is advantageous for both consumers and publishers. Consumers benefit from the convenience and cost savings of having multiple magazines in one place, while publishers gain increased visibility and readership through the platform.

Readly makes money through its subscription fees. By offering a wide range of magazines from over 300 publishers, the company attracts a diverse audience, ensuring a steady stream of revenue. Additionally, the platform's availability on major app stores enhances its accessibility, making it easier for users to discover and subscribe to the service.

In summary, Readly is a digital magazine subscription service that offers unlimited access to thousands of magazines for a monthly fee. It serves individual consumers who enjoy reading a variety of topics and helps publishers increase their readership. The company operates in the digital publishing market and generates revenue through subscription fees.

Keywords: digital subscription, magazines, unlimited access, back issues, individual consumers, digital publishing, monthly fee, app stores, publishers, readership.

Valuation $100–500M
Revenue $50–100M
EBITDA $11M
Headcount <100
Total funding $10–50M

Talent graph

Readly's talent

Book a demo to see the people
Employees mapped 88 incl. 2 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 18 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

4 investors on Readly's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
Zouk Capital
Series A 2 investors entered at this stage
Hermes GPE
Swedbank Robur
Series B+ 1 investor entered at this stage
AP3

Global footprint

Where Readly has talent and traffic

Workforce by country
7 countries with
team presence
🇸🇪 Sweden73.4%
🇩🇪 Germany12.7%
🇬🇧 United Kingdom7.6%
🇵🇱 Poland2.5%
🇫🇷 France1.3%
Top 5 of 7 shown

Market sentiment

What the market is saying about Readly

An AI-synthesized read of the highest-engagement posts about Readly on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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