
Readmio
An app that enhances the experience of reading for children and adults, using voice recognition technology to follow along with the story as it's read out loud.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
investor investor | €0.0 | round | |
* | €500k Valuation: €5.5m | Seed | |
Total Funding | 000k |
CZK | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 4379 % | (25 %) |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Readmio is a digital platform that offers interactive storytelling for children. It operates in the edtech market, specifically targeting parents and educators who are looking for engaging and educational content for children. The platform offers a unique feature where stories are accompanied by sound effects and music, which are automatically added as the story is read. This feature not only keeps children engaged but also contributes to their aural intelligence and imagination.
The business model of Readmio is based on a freemium model, where users can access a limited amount of content for free, but must pay for full access. This model allows the company to generate revenue while also providing a valuable service to its users. The company also makes money through in-app purchases and premium subscriptions.
Readmio's stories are not just for entertainment; they are designed with a clear purpose in mind. Each story comes with a specific parenting topic to discuss after reading, which can range from science lessons to moral teachings. To ensure the quality and effectiveness of its content, Readmio works with child psychologists, educators, and other specialists in the field of child development.
One of the key selling points of Readmio is its commitment to privacy. The company's voice recognition technology operates on the device, meaning no personal data is stored or collected. This feature is particularly appealing to parents who are concerned about their children's online safety.
Keywords: Edtech, Interactive Storytelling, Freemium Model, In-app Purchases, Premium Subscriptions, Educational Content, Child Development, Parenting Topics, Privacy, Voice Recognition Technology.