[Trends] Reedsy

Reedsy is a marketplace specifically for publishing talent, including editors, designers, and ghostwriters.

In addition to its specialized freelance marketplace, Reedsy also has a handful of publishing tools.

As of this writing, the site has over 2,800 contractors.

Since the launch in 2014, over 15,000 books have been launched using Reedsy talent.

While Reedsy doesn’t report any funding rounds, back in 2016, it received a grant of €1.1 million under an EU-funded innovation program.

What's next:
Reedsy is part of the self-publishing tools meta trend.

Here are a few startups riding this wave:

Inkitt: A “reader-powered publisher”. Specifically, authors upload their manuscripts for the community to review. And top-rated authors get a contract. The startup has raised $21 million in VC funding to date.

PublishDrive: SaaS for self-publishing. Over 10,000 authors have published 100,000 ebooks via the platform since launch.

Designrr: Ebook creation software. Launched in 2016, the startup reached their 10,000-user milestone in six months. Today, the tool has over 145,000 users.

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