Nantucket author Elin Hilderbrand shares favorite books in online club capecodtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capecodtimes.com Daily Mail and Mail on Sunday newspapers.
Literati Gets Big Money for Book Boxes By Ed Nawotka | Feb 12, 2021
Literati, the Austin, Tex.–based book box subscription service, pulled in $40 million in a series B round of financing earlier this month. This follows a previous round that raised $12 million. The generous financing has some in the industry wondering why so much money is being poured into a tried-and-true, if unexciting, business model. The answer is that Literati has aspirations to be more than a books-in-boxes delivery service: it’s aiming to become a literary social network that sells books.
Literati was established in 2017 and charges a monthly $9.95 membership fee for children to receive a box of five curated titles each month. The books are accompanied by a personalized letter and various sundries. Parents can then choose to purchase the books or return them for free. Books are offered at a discount from list prices.
Literati, Propertymate, Darwin Homes among newly funded Austin startups bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
The actress s book club and Literati will distribute 11,000 new books to The Book Foundation.
Hello Sunshine and Reese Witherspoon s Book Club is joining forces with book subscription company Literati to help spread some holiday cheer to children.
Literati, Hello Sunshine and Reese’s Book Club have partnered to distribute 11,000 new books to The Book Foundation in Los Angeles, it was announced Friday. The Book Foundation aims to promote literacy by placing new books into the homes of low-come children. Since March, the Book Foundation has donated over 100,000 books.
Through their new partnership, books will be distributed to children in foster care, children at high-risk for homelessness or living in emergency shelters, children in county hospitals and students in Title 1 schools.