Trevari operates a subscription-based online platform through which subscribers join book clubs that meet in person. Four-month memberships range from 190,000 won to 290,000 won, excluding the cost of purchasing books. As of February, some 4,600 active paid members had participated in about 300 book clubs in spaces run by Trevari. Founded in 2015, the startup has been described by its investor as having proved the success of a book-club business model with high participation and membership extension rates. Investors noted Trevari addresses users' need to discover a sense of belonging amid a steady decline in Korean adults' appetite for reading. Financially, Trevari received a combined 5 billion won (US$4.44 million) investment.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2020