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Bookmate Snapshot
Internet & Web ServicesIndustry
The company was founded in 2010 by Victor Frumkin and Simon Dunlop, and is headquartered in London.
Starting with $500,000 seed funding, Bookmate has raised two subsequent funding rounds. In June 2011, the company received $3 million from Ulmart and Essedel, and in May 2014, it received a further $3 million from Ulmart.
Simon Dunlop is the CEO of Bookmate, and Andrew Baev is its Managing Director. Bookmate is a market leader in Russia and the CIS, and has launched its services in Singapore, Indonesia, Latin America and Scandinavia.
Bookmate offers three tiers: Free, Standard and Premium, allowing access to increasing parts of the catalogue. International books, new titles, bestsellers and business books are part of the Premium subscription.
In April 2014, Bookmate received the Publishing for Digital Minds Innovation Award at the London Book Fair.
Starting with $500,000 seed funding, Bookmate has raised two subsequent funding rounds. In June 2011, the company received $3 million from Ulmart and Essedel, and in May 2014, it received a further $3 million from Ulmart.
Simon Dunlop is the CEO of Bookmate, and Andrew Baev is its Managing Director. Bookmate is a market leader in Russia and the CIS, and has launched its services in Singapore, Indonesia, Latin America and Scandinavia.
Bookmate offers three tiers: Free, Standard and Premium, allowing access to increasing parts of the catalogue. International books, new titles, bestsellers and business books are part of the Premium subscription.
In April 2014, Bookmate received the Publishing for Digital Minds Innovation Award at the London Book Fair.
