Spines, an Israeli startup, has developed an AI publishing platform that significantly streamlines the publishing process. Recently, the company announced a $6.5 million Seed round led by Aleph, with participation from renowned “Startup Nation” Co-Author Dan Senor, LionTree LLC, and existing investor Lior Elkan’s M-Fund.
The platform is designed to reduce publishing time from six months to a mere two weeks, simultaneously cutting costs by 30%. It offers a comprehensive suite of services catering to every stage of the publishing journey.
Utilizing AI technology overseen by a production manager, Spines conducts meticulous editing, designs book art with over 70 formatted versions of the front, back, and spine for authors to choose from, and allows authors the flexibility to switch to human assistance at any point in the process. Beyond assembling the book, Spines focuses on optimizing its chances of success by automating metadata optimization and distributing the book across 100+ channels. Following publication, the platform provides additional AI-driven marketing features, royalty management, and distribution options.
Founded by Yehuda Niv (CEO), Lev David (CMO), and Nir Kenner (CTO), Spines currently employs approximately 50 individuals. Leveraging an AI-driven approach, founder Niv transformed from an unknown startup into publishing 15% of Israel’s books within a decade. Last year alone, Spines published over 500 titles and aims to release a total of 3,000 new titles by the end of this year, a rate comparable to approximately 9 titles per day from top publishers. The funds from the recent funding round will be allocated towards enhancing brand awareness, further streamlining the publishing process for a wider range of authors, and ongoing product improvement.
For More Details: https://ciolook.com/
