Readpeak Competitors

Wattpad’s vision is to entertain and connect the world through stories. A leading global webnovel platform, Wattpad has democratized storytelling for a new generation of diverse Gen Z writers and their fans. Wattpad is part of WEBTOON Entertainment’s IP & Creator Ecosystem, where approximately 155 million monthly active users discover incredible stories in multiple formats. The company is proudly based in Toronto, Canada. Learn more at: company.wattpad.com

Inkitt is building the Disney of the 21st century - the most data-driven, the most AI-driven company in the world of entertainment. Leveraging AI and predictive algorithms, Inkitt discovers unknown stories and turns them into blockbuster hits, producing a new $1M ebook every 4 weeks and selling directly to consumers through its Galatea app. Inkitt has become the 11th most bestseller-generating publisher in the world, boasting a 40x higher hit-rate than traditional publishers. Recently raising a Series C and backed by some of the top VC’s such as: Khosla, Kleiner Perkins, and NEA Ventures. Most recently, we launched CandyJar TV, where we’re turning the million-dollar hits into actual TV series and directly selling them episode by episode.

Launched in February 2015, Radish is Netflix for serials where readers can enjoy premium serialiased stories based on bite-sized episodes suitable for 10 minutes on a smartphone. It is a digital update of the Victorian idea of the serialised novel. After 3 free chapters, mobile micropayments provide access to ensuing episodes so that audiences may secure instant gratification after a cliffhanger ending. Its top author is earning more than $43,000 a month. Radish has been covered in leading publications such as New York Times, Publishers Weekly, Variety, Hollywood Reporter, Techcrunch, Fast Company, and Forbes. With support from Silicon Valley, Hollywood and the publishing industry, Radish has raised $5 million in seed financing. The backers include Greylock, Lowercase Partners, Softbank Next Media Innovation Fund, UTA, Bertelsmann Digital Media Investments (BDMI) and Sherpa Capital. Individual investors include bestselling author Amy Tan, Sir Peter Bazalgette, Charlie Songhurst, Nicolas Berggruen, Matt Humphrey, Duncan Clark, and Jeremy Yap among others. Ankur Jain, VP of Product at Tinder, is on the board.