realbook

Mobile-App-Powered Service for Borrowing Real Reading Books

Media & Entertainment Technologies
Private
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Company Overview

Snapshot

Founded in July 2020 by Nadav Bronstein and Efrat Bronstein, realbook operates with 1-10 employees. The company has raised $60,000 across one funding round. In July 2021, realbook was noted for its upcoming launch in October, aiming to disrupt the book lending industry with a sustainable model.

Business overview

realbook is a technology company focused on the Media & Entertainment Technologies sector, specifically within Digital Content Distribution and Digital Content Engagement & Entertainment. The company offers a mobile-app-powered service designed to facilitate the borrowing of physical books, aiming to make reading more accessible and sustainable. Its core product enables physical copies to circulate among readers, providing a smooth user experience and serving consumers in recreational, lifestyle, education, and academic markets, including libraries.

Strategic signal

In July 2021, realbook announced its impending launch, signaling a new approach to book lending. This development is significant for the Media & Entertainment Technologies market as it introduces a model that prioritizes sustainability and accessibility for physical books, potentially shifting consumer habits and offering a new revenue stream for authors through royalties. For investors, this indicates realbook's ambition to capture market share by addressing the cost and environmental impact associated with traditional book consumption.

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Company Intelligence Q&A

When was realbook founded and by whom?
realbook was founded in July 2020 by Nadav Bronstein and Efrat Bronstein.
What is realbook's primary offering?
realbook provides a mobile-app-powered service for borrowing physical reading books, aiming to make reading more affordable, routine, and shareable.
What was a key development for realbook in 2021?
In July 2021, realbook was highlighted for its upcoming launch in October, with plans to offer book lending with a uniform delivery price and royalties for authors.
How much capital has realbook raised?
realbook has raised $60,000 in total funding.
What markets does realbook target?
realbook targets consumers in recreational, lifestyle, education, and academic sectors, including libraries, across the Americas and Europe.
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