Wattpad Stock
Online community for original stories
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About Wattpad Stock
Wattpad’s vision is to entertain and connect the world through stories. The global multiplatform entertainment company uses the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over 20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers. The company is proudly based in Toronto, Canada.
Investors
August Capital
Avant, Turo, FourKites, Fastly, Sendbird, Rocket Lawyer, Mirantis, Reputation.com, Tegile Systems, Zulily
BDC Venture Capital
Coveo, Hopper, ApplyBoard, Wattpad, Ranovus, CarbonCure Technologies, Rover
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, View, Zenefits, Eat Just, Opendoor, Faire
Kickstart Ventures
OMERS Ventures
Group14 Technologies, Rover, Hootsuite, Wattpad, Embark Trucks, DuckDuckGo, Ranovus, DogVacay, Klipfolio, Fusebill Subscription Billing Software - Company
Peterson Group
Tencent Holdings
Flipkart, Swiggy, Ola, Reddit, Nubank, Discord, Miniso, SoundHound, Airwallex, Blockstream
The Raine Group
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash Financial, Twilio, Funding Circle, Etsy, CloudFlare, Lending Club
Version One Ventures
Funding History
| September 2011 | $3.5M |
|---|---|
| June 2012 | $17.3M |
| April 2014 | $46.0M |
| January 2018 | $51.0M |
Management
Co-Founder and Chief Executive Officer
Allen Lau
Co-Founder and Chief Product Officer
Ivan Yuen
Press
TechCrunch - Feb, 26 2020
Storytelling community Wattpad embraces adult content with new personalization toolsForbes - Sep, 24 2019
Wattpad Closes First Major Development Deal In Latin AmericaForbes - Jul, 23 2019
How One Executive Is Using Machine Learning To Diversify Human Storytellingbetakit - Jul, 22 2019
S|W: The SaaS Weekly – Wattpad’s making money movesTechCrunch - Jul, 18 2019
Storytelling community Wattpad launches Paid Stories and its ad-free subscription globallybetakit - Jun, 28 2019
Wattpad’s Seema Lakhani promoted to chief product officerTechCrunch - Apr, 17 2019
Wattpad partners with Sony Pictures Television in first-look deal for original programmingTechCrunch - Mar, 13 2019
Wattpad gains strategic investment from Times Bridge to further expand in IndiaTechCrunch - Feb, 13 2019
Wattpad’s latest deal will turn its stories into TV shows and movies in KoreaForbes - Jan, 30 2019
Wattpad's New Book Publishing Branch Uses Machine Deep Learning To Find StoriesForbes - Jan, 29 2019
We Need Diverse Books, But Wattpad's Machines Aren't The WayTechCrunch - Jan, 24 2019
Online storytelling community Wattpad launches its own publishing arm, Wattpad BooksTechCrunch - Nov, 13 2018
Wattpad launches a new program offering paid access to exclusive storiesTechCrunch - Jun, 14 2018
Netflix’s latest hit ‘The Kissing Booth’ is a Wattpad success storyEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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