Story Terrace operates a service that matches customers with professional writers (400+ on the platform) based on location, personality and background, conducts in-home interviews, and produces a 100-page life story that is edited in-house and approved by the customer. The company prints hardbound books that can include photographs. Leadership listed in the article includes CEO Rutger Bruining, CMO Giles Schippers and CTO Robert Desmond. Story Terrace said it will use the new funds to continue expanding its business reach and its pool of writers. Financially, in 2017 the company’s revenues grew by 125% and gross profit by 183%. Over its lifetime it has generated £1.3M in revenues with more than 475 book packages sold. Story Terrace connects customers with professional writers to produce bespoke printed life-story books, ranging from short memoirs to longer commissioned works. Customers are typically children buying gifts for parents or founders documenting exits. Packages start at $1,200 for a short book and go up to $6,000 for longer books by critically acclaimed writers; the company also offers custom work. As of its early customer evaluation the company completed 160 books generating £350,000 (about $445,000) in sales, an average price per project of roughly $2,750. Founder and CEO Rutger Bruining says the company is building technology to assist writers and is investing in automating the design process to turn photos and text into print-ready books. Story Terrace is targeting a Series A to accelerate growth in the first half of next year.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2018