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Venture Capital News: Literati Raises $40M in Series B

2021-01-28
AUSTIN, TX, Literati has announced a $40M Series B round led by Aydin Senkut of Felicis.
Literati has announced a $40M Series B round led by Aydin Senkut of Felicis with additional funding from Dick Costolo and Adam Bain of 01 Advisors, Founders Fund, General Catalyst, Shasta Ventures, Silverton Partners and Springdale Ventures. Stephen Curry also participated in the round.

Literati is the premier book club for children ages 0-12. Every month, Literati scours the globe to find exceptional age-appropriate books curated by theme. Literati subscribers get a box delivered monthly with five new books, original artwork and creative surprises. Literati enables parents to try before they buy and offers free shipping and returns. Literati makes it simple for parents to fill their homes and communities with the world's best books and to raise kids with a love of reading. Founded in 2016 in Austin, Texas, Literati is a fast-growing startup and labor of love.
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