Wattpad is a digital entertainment company founded in 2006, based in Toronto, Ontario, Canada. The company's slogan is "A digital entertainment hub fostering a global community of storytellers, offering diverse content creation and distribution across various formats." Wattpad provides an online social storytelling platform for original content, engaging a community of over 65 million users who collectively spend more than 20 billion minutes each month immersed in original stories. Their product, Tap by Wattpad, features short, chat-based stories available in multiple languages. They also collaborate with industry partners through Wattpad Studios to produce stories for various media formats. Additionally, Wattpad Brand Solutions offers advertising products to help brands engage with Millennial and Gen Z audiences. The last venture round investment for Wattpad was on 13 March 2019, with Times Bridge as the investor. The company operates in the Content Creators, Entertainment, Mobile, and Publishing industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 1 | 13 Mar 2019 | |
Venture Round | $51.00M | 7 | The Raine Group, Tencent +2 | 17 Jan 2018 |
Venture Round | Unknown | 2 | BDC Venture Capital, BDC IT Venture Fund | 01 Jan 2016 |
Series C | $46.00M | 9 | 08 Apr 2014 | |
Venture Round | Unknown | 4 | 18 Sep 2012 |
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