An Israeli startup allows anyone to easily publish a book and market it internationally. The Israeli startup, which is already operating successfully, reports the completion of a seed round of 6.5 million dollars.
More than 99% of the books that are offered to traditional book publishers are rejected. The publishing houses in the world should carefully choose the books that will bring them the most money. As a result, many writers are forced to take on the task of publishing the books, a task that takes a long time and an investment of tens of thousands of shekels. An Israeli startup, which came out of one of the book publishers in Israel, wants to help writers do it easily, quickly and across a variety of platforms.
The Israeli startup Spines (formerly BooxAI) founded in 2022 by Yehuda Niv, Lev David (CMO), Nir Kaner (CTO) and Niv Abdat (COO). Has already published more than 500 titles in English and is planned to reach the production of 3,000 additional titles in 2024. The company employs 50 people in Miami, Israel, Europe and Argentina.
The company is developing a publishing platform that allows authors to go through the entire publishing process with the help of AI. The platform accepts the books that the authors want to publish, and allows them to produce a digital edition, a printed edition before demand (Print On Demand) and even produce an audio book. The book is distributed through more than 100 distribution channels worldwide, and the system manages the royalties for them in all the different channels.
One of the significant advantages is the speed of the process.
The existing publishing process is based on human labor, cost tens of thousands of dollars, and lasted between six months and a year and a half. In the new venture, writers can go through the entire process in less than two weeks and meet their readership at a speed never dreamed of before, not even in science fiction books.
More upgrades:
The Spines publishing platform knows how to scan the book and understand what it is about, from this it knows how to recommend categories for the book. For example, Amazon has tens of thousands of categories, and the right choice is critical to the book’s success. The system knows how to generate a variety of covers adapted to the book and the category, as well as to write the description of the book in a way that will increase its chances of success. Also, the system optimizes the metadata of the book, corresponding to each distribution platform. In addition, the system also offers language proofreading corrections for the book, performs automatic pagination for the book, and automatically adapts it to dozens of different versions according to the requirements of the various distribution channels.
