Spines, a Miami, FL-based AI publishing platform, has closed $6.5 million in Seed funding.
Investors
The round was led by Aleph, with participation from previous investor M-Fund, best-selling "Startup Nation" Co-Author Dan Senor, and LionTree LLC.
Aleph is an early-stage VC focused on partnering with Israeli entrepreneurs to build large companies and impactful global brands. Founded in 2013 and based in Tel Aviv, Israel, the firm seeks to invest in companies operating in the information technology, SaaS, big data, and artificial intelligence sectors across Israel.
Spines Use of Funds
The company will use the funds to enhance brand awareness, streamline the publishing process for even more authors, and continue improving the product itself.
About Spines
Founded by Yehuda Niv, Lev David, and Nir Kenner, Spines is an AI-based publishing platform that provides an all-in-one solution for authors looking to publish and market their books. The Spines platform revolutionizes every aspect of the publishing process, from editing, proofreading, and formatting to cover design, distribution, and marketing. Moreover, Spines automates metadata optimization and lists books across 100+ channels to maximize exposure. Post-publishing, the platform offers AI-driven marketing features, royalty management, and distribution options.
Funding Details
Company: Spines Technologies, Ltd.
Raised: $6.5M
Round: Seed Round
Funding Month: April 2024
Lead Investor: Aleph
Additional Investors: M-Fund, Dan Senor, LionTree LLC
Company Website: https://spines.com/
Software Category: AI Publishing
Source: Ronny Hassid