Israel-based Spines, which Revolutionizes Publishing with AI, has secured $16 million in funding in a Series A round led by Zeev Ventures.
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Participation came from existing investors Aleph, M-Fund, LionTree, and angel investors such as Sharin Fisher Dibrov.
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Spines has realized considerable growth, especially when comparing sales in the current year with those from the previous year; the company has experienced one thousand per cent growth. The company plans to have over 2000 titles by the end of the calendar year of 2024 from 400 titles scheduled for 2023; the global target is 8000 titles by 2025.
Now, Spines has staffed more than eighty employees, distributed in Miami, Israel, Europe, and Argentina. The new investment will go to hiring more people, improving the platform’s advertising, improving the manufacturing process, and adding features to promote books better.
“With Spines’ innovative tools, authors no longer need to navigate the complexities of the book publishing process,” said Yehuda Niv, Spines’ CEO and Founder. “Instead, they can focus on what they do best—crafting exceptional stories—while Spines takes care of the rest. No more months upon months of tedious publishing tasks: with Spines’ publishing platform, a professional state-of-the-art book is published within a fraction of the time and cost, essentially levelling the playing field for all others”.
About Spines
Spines was Founded in 2021 by Yehuda Niv, Lev David, Niv Ovdat, Nir Kenner. Spines Turn your manuscript into a published book, and this is achievable in less than 30 days. It covers plans to be competitively priced and considerably below the market average.
You will have your production manager, who will always assist you through day and night. Our 7-day money-back guarantee is proof of the confidence we have in delivering your desired satisfaction. It’s easy to get around publishing no matter your tech-savviness level. Services include proofing & editing services, formatting, cover designing, and more!
