Total Boox

Company Overview

Snapshot

Founded in July 2011 by Yoav Lorch, Total Boox operated with 1–10 employees. The company raised $500,000 across one funding round from one investor. In December 2016, Total Boox was instrumental in Croatia becoming the first free reading zone country in the world.

Business overview

Total Boox developed a platform that provides users with access to ebooks without waiting lists, holds, or expirations. The company's patent-pending technology enables libraries to pay only for the pages their patrons read, while publishers and authors are compensated for each reading. Total Boox operates in the Media & Entertainment Technologies sector, serving libraries and consumers globally.

Strategic signal

In December 2016, Total Boox facilitated Croatia's designation as the world's first free reading zone country. This initiative demonstrated the company's ability to implement its innovative pay-per-page model on a national scale, signaling its potential to transform ebook accessibility and monetization within the library and publishing industries.

Company Intelligence Q&A

What is Total Boox's core business model?

Total Boox offers a patent-pending system where users access ebooks without typical library restrictions, and libraries pay only for the pages patrons actually read. Publishers and authors receive compensation for every reading.

When was Total Boox founded and by whom?

Total Boox was founded in July 2011 by Yoav Lorch.

What significant market expansion did Total Boox achieve?

In December 2016, Total Boox contributed to Croatia becoming the first free reading zone country in the world.

What was the last disclosed funding amount for Total Boox?

Total Boox raised $500,000 in January 2013 from Joule Ventures.

Which investor participated in Total Boox's funding round?

In January 2013, Joule Ventures participated in a funding round for Total Boox, which raised $500,000.