Epic! Secures $30M in Funding

epicEpic!, a Redwood City, CA-based digital reading platform for children ages 12 and under, secured $30m in funding.

The round was led by Evolution Media, the global tech, media and entertainment investment company backed by TPG Growth and Creative Artists Agency. Other backers in the company include Menlo Ventures, Reach Capital, Translink Capital, Rakuten Ventures, Innovation Endeavors, and others.

Co-founded in 2014, by Suren Markosian, CEO, and Kevin Donahue, Epic! is a digital reading platform for kids 12. Its subscription service includes unlimited access to a large digital library of over more than 35,000 books, read-to-me books, audiobooks and videos from 250 leading publishers such as HarperCollins, Macmillan, Sesame Workshop, National Geographic Kids, Smithsonian Enterprises. Kids can freely browse fiction and non-fiction titles, learning videos and teacher-created quizzes and reading lists.
Epic! has now reached more than 10 million kids accessing the platform.

In addition to the ability to access the Epic! library (which is three times the size of a typical elementary school library and always growing), teachers have curated almost 2 million content collections on topics like ocean animals, coding and Native American history for students of all grade levels. Teachers have also created nearly 200,000 interactive quizzes to gauge comprehension of reading material.

The platform also offers 3,000 books in Spanish, French and Chinese.




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