Epic! digital reading platform today announced that it is now reaching more than 10 million children and over 500 million books have been read on the platform since launch. The company has set its sights on becoming a responsible digital media brand for kids.
The subscription service costs $7.99 a month and provides unlimited access to more than 35,000 books, audio books and learning videos from 250 top publishers, including HarperCollins, Macmillan, Abrams, Sesame Workshop, National Geographic Kids and more.
Hundreds of thousands of teachers and librarians use Epic! weekly to support student learning across a wide variety of subjects, from reading and literacy to history, geography, the arts, science and math.
In addition to the ability to freely access the Epic! library, 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 on Epic! to gauge comprehension of reading material, which have been taken more than 35 million times by children in schools and homes.
The five-year-old company has seen consistently strong growth across the board, increasing reach and doubling its revenue every year. Kids have read more than 500 million books on Epic! since launch; 300 million last year alone. To support its growth, Epic! has secured more than $50 million in funding from Menlo Ventures, Reach Capital, Translink Capital, Rakuten Ventures, Innovation Endeavors, and others. The most recent round of $30 million was led by Evolution Media, the global tech, media and entertainment investment company backed by TPG Growth and Creative Artists Agency.