Inkshares, Inc.

Inkshares, Inc. is a publishing platform that uniquely combines crowdfunding and traditional publishing, empowering authors to bring their book ideas to market through reader-supported pre-orders. Founded in 2013 and headquartered in Oakland, US, Inkshares, Inc. operates as a publishing platform that allows authors to seek reader feedback and pre-order campaigns before publication.

Led by founders Adam Gomolin, Jeremy Thomas, and Thad Woodman, the company raised USD 0. 87 mn in Seed funding on March 16, 2016, from notable investors including Y Combinator and Indicator Ventures. Inkshares has completed a total of 3 deals since inception. Inkshares provides a publishing service that merges crowdfunding with traditional publishing, facilitating authors in drafting books, receiving reader feedback, and launching pre-order campaigns.

Upon reaching pre-order thresholds, the company handles all facets of publishing, including editing, design, and distribution. Their offerings cater to various genres and serve a diverse author base, reaching audiences in North America and internationally through partnerships with major retailers like Amazon and Barnes & Noble. Inkshares generates revenue by selling pre-orders for books, retaining a slice of the net receipts from these transactions. Authors receive a percentage of the net revenue based on sales through both the Inkshares platform and partnered retailers.

This structured revenue model aligns the interests of the company with the authors, ensuring transparency and fairness in profit-sharing. Following the most recent funding round in March 2016, Inkshares plans to enhance its product offerings and expand its market presence. The company aims to introduce new publishing tools and services for authors while targeting expansion into international markets by 2025. The recent funding will be instrumental in supporting these initiatives, reinforcing the company's commitment to author success and broadening its reach in the global publishing landscape.