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§ Private Profile · 1 Broadway 14th Floor Cambridge, MA 02142, USA
Daily email service curating and promoting deeply discounted e-books and audiobooks, helping readers discover new titles.
Based in Cambridge, Massachusetts, BookBub is a digital marketing platform that curates and promotes discounted e-books and audiobooks to readers through targeted daily email newsletters. The company generates revenue by charging authors and publishing houses, including Big Five publishers, to feature their titles in promotional campaigns. In addition to its core e-book service, the organization operates the audiobook promotion brand Chirp and is managed by a leadership team that includes Siri Wade, Danielle Perreault, and Graham Babbitt. The enterprise operates with a workforce of 101 to 200 employees and has historically amassed a user base of approximately two million members. Having raised $7 million in funding across a single financing round, the platform has facilitated hundreds of millions of dollars in global digital book sales. BookBub was founded in 2012 by Josh Schanker and Nicholas Ciarelli.
BookBub has raised $11.0M across 2 funding rounds.
BookBub has raised $11.0M in total across 2 funding rounds.
BookBub is a technology platform that connects readers with personalized daily emails featuring free and deeply discounted e-books, while enabling publishers and authors to drive sales and acquire new fans.[1][2][4] Founded in 2012 and headquartered in Cambridge, Massachusetts, it serves millions of avid readers across all major e-book retailers and devices, solving the problem of book discovery in a crowded digital marketplace by curating deals from major publishers, independents, and self-published authors.[1][2] The company has raised $10.8M in funding, employs around 116 people, and generates approximately $10M in revenue, demonstrating steady growth from its early days nearing 2 million members in 2014.[1][2][5]
BookBub was co-founded in early 2012 by internet entrepreneur Josh Schanker and Nicholas Ciarelli, who brought expertise in digital media.[1] The idea emerged when Schanker, with no prior publishing experience, brainstormed with a friend ways to promote e-books from lesser-known authors via an email list of flash sales.[1] They quickly pivoted to include titles from all publishers after testing showed strong reader demand, filling a niche created by the rise of e-commerce and e-books that shifted publishing toward direct-to-consumer marketing.[1] Early traction was rapid: self-published authors became key partners due to their experimental pricing strategies, and by late 2013, BookBub approached 2 million members through word-of-mouth referrals, partnering with big-five publishers from day one.[1]
BookBub rides the wave of e-book democratization and direct-to-consumer shifts in publishing, accelerated by platforms like Amazon Kindle that made instant, anywhere access possible.[1] Its timing was ideal post-2010 e-book boom, when publishers lacked consumer-facing marketing tools common in other industries, allowing BookBub to pioneer email-based deal aggregation.[1] Favorable market forces include rising self-publishing, experimental pricing, and reader appetite for affordable discovery amid content overload.[1] It influences the ecosystem by amplifying lesser-known titles, boosting indie authors, and providing data-driven insights to publishers on promotional efficacy, thus lowering barriers for diverse voices in digital reading.[1][2]
BookBub's momentum positions it to expand beyond daily deals into new formats like featured promotions, capitalizing on sustained e-book growth and AI-driven personalization.[4] Trends like audiobook integration, global expansion, and subscription fatigue will shape its path, potentially evolving into a full discovery hub amid streaming-like models for books. Its influence may grow by deepening publisher analytics and reader communities, solidifying its role as publishing's go-to sales accelerator—much like how it filled an early void in e-book marketing.[1][2]
BookBub has raised $11.0M in total across 2 funding rounds.
BookBub's investors include Andreessen Horowitz, Bedrock Venture Partners, Bloomberg Beta, Deerfield Management, Founder Collective, NextView Ventures, Avalon Ventures.
BookBub has raised $11.0M across 2 funding rounds. Most recently, it raised $7.0M Series B in May 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2015 | $7M Series B | — | Andreessen Horowitz, Bedrock Venture Partners, Bloomberg Beta, Deerfield Management, Founder Collective, NextView Ventures | Announced |
| Apr 1, 2014 | $4M Series A | — | Andreessen Horowitz, Bedrock Venture Partners, Bloomberg Beta, Deerfield Management, Founder Collective, NextView Ventures, Avalon Ventures | Announced |