# Kobo: E-Commerce, Toronto, Canada

> Kobo: Kobo offers an open platform for e-reading. Based in Toronto, Canada. Founded 2009. What Millionrounds holds on them, and what we have not seen.

Source: https://millionrounds.com/startup/kobo (Millionrounds; every figure on the page links to its filing or article)

Canada · [E-Commerce startup](https://millionrounds.com/companies)

# Kobo

Kobo offers an open platform for e-reading.

Funding reported Last round: Series C

E-Commerce Toronto, Canada

Company summary

- **Founded:** 2009 17 years old
- **Team:** 251 201 to 1,000 people
- **Funding reported:** 79M as listed, currency not stated
- **Last round:** Series C Mar 2011

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Kobo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Kobo raised

Funding, as reported

Reported in all **79M** in the source's currency

Rounds **3**

Last round **Series C**

Last round date **Mar 2011**

Investors listed **4**

## On a portfolio page

Investors who name them

- [SEW Capital](https://millionrounds.com/fund/sew-capital)

Each firm lists Kobo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## How it ended, so far

Exit

Exit Buyer Price When

Acquired [Rakuten](https://millionrounds.com/fund/rakuten) $315M Nov 2011

## E-Commerce in Canada

Startups like it

- [**GoBolt** Toronto · founded 2017](https://millionrounds.com/startup/gobolt)
- [**Carbon6** Toronto · founded 2021](https://millionrounds.com/startup/carbon6)
- [**Medicom** Pointe-Claire · founded 1988](https://millionrounds.com/startup/medicom)
- [**Konscious Foods** Richmond · founded 2020](https://millionrounds.com/startup/konscious-foods)
- [**Flashfood** Toronto · founded 2016](https://millionrounds.com/startup/flashfood)
- [**EMERGE Commerce** Toronto · founded 2015](https://millionrounds.com/startup/emerge-commerce)
- [**Curbie** founded 2017](https://millionrounds.com/startup/curbie)
- [**IOT Pay** founded 2017](https://millionrounds.com/startup/iot-pay)

## Is this your company?

Add your raise, your deck and your story, and put Kobo in front of investors. Or tell us what we have wrong.

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