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Acquired by

Storytel

Kitab Sawti

Kitab Sawti is the world’s largest Arabic audiobooks library. Through a user-friendly smart-phone app, we grant Arabic speakers access to bestselling and award-winning titles in an audio format. With their headphones on, our users are able to travel to a parallel universe; in a moment of entertainment, acquiring knowledge at only one finger-press away. We believe in the power of stories that change lives, words that inspire, and literature that builds bridges between cultures and generations. By unleashing this power in a new format to a growing audience, the potential of every book in our library is completely transformed. Kitab Sawti began initially as a project designed to help Syrian refugees in Swedish schools. During the process, we identified a global demand for Arabic content and decided to take on the challenge of building an Arabic audiobook market from scratch. Today, our platform brings together the content of Best-selling Arab authors like Saud Al Sanousi and Ahmed Khaled Tawfiq and International A-listers such as Dan Brown and Suzanne Collins, and the journey continues. The company has acquired a diverse international identity, with our offices across different continents and team members from all over the world. Together, we strongly believe in supporting and inspiring gifted authors to create more high quality Arabic literature for the world to listen to.

Created with Highcharts 11.4.6Highcharts.com

Total Fundraised$8.5M

PE Round
Others
Calendar Image2016
Established
HeadquarterGradient ImageStockholm, Sweden
Headquarter
OperationalGradient Image
EGY
UAE
SWE
PSE
Operational Market
SectorGradient Image
Art-Media-Entertainment
Digital Entertainment
Digital Media
Media
Apps
Audio
Primary Sector
EmployeeGradient Image11 - 50
Employees
PinGradient ImageGrant
Current Stage
GlobeGradient Imagehttp://www.kitabsawti.com/
Website

Kitab Sawti's Stages

Round Image

Others

Round Image

PE Round

Round Image

Grant

Funding Types by Funds Raised (in USD)

Created with Highcharts 11.4.6Funding TypeTotal Amount6M6M--2.5M2.5MRound Raised in USDPE RoundGrantOthers0500K1M1.5M2M2.5M3M3.5M4M4.5M5M5.5M6M6.5MHighcharts.com

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Cumulative Funding Raised Over Time

Created with Highcharts 11.4.6Total Amount in USDFunding Rounds Over TimeTotal Raised in USDQ3 2017Q3 2018Q2 2019Q2 202002.5M5M7.5M10MHighcharts.com

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Kitab Sawti's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

Funding Type Image
Others
04 Sep 2017

Alfred Ruth

Creades AB

Inbox Capital

Magnus Olsson

Mathias Ackermand

1.4M

5 Investors

Funding Type Image
Others
04 Sep 2018

Northzone

1.1M

1 Investors

Funding Type Image
PE Round
03 May 2019

Bonnier Ventures

KAAF Investments

Northzone

Omar Darwazah

Paltel Group

Abdulla Elyas

6M

6 Investors

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Kitab Sawti's
Key Team Members

Johannes Larcher
Helena Gustafsson

Hi there! 😉

Got any questions? I'm happy to help.