Epic! raises $8 million to keep kids reading in a digital age

The makers of Epic!, one of many apps jockeying to become a “Netflix for books,” have raised $8 million in a round led by Reach Capital, the education-specialized venture firm. Additional investors in the Series C included TransLink Capital, Rakuten Ventures, Menlo Ventures, WI Harper, Brighteye Ventures and Innovation Endeavors.

Epic! at its core is an on-demand digital library that includes about 25,000 different books and videos appropriate for kids in elementary school, or between the ages of about five and twelve. Some of the books on the platform have audio components, allowing kids to listen as they read along. The startup, which was founded in 2013 and launched its app in 2014, claims to reach 5 million kids today, in part through use of Epic! in schools.


Read Story