Amsterdam based Arches Capital, which is a group of business angels who invest in startups and scaleup companies has officially announced that it has invested around €376K in a fast-growing Dutch startup Publishizer.
What is Publishizer?
If you’ve not heard of Publishizer, let us inform you this is quite an innovative startup which is actually a crowdfunding platform. The company allows authors to pre-sell copies of their unpublished book, if they reach 750 pre-orders. Publishizer then pitches the book to publishers and negotiates a deal. It brings market forces to publishing acquisitions with 9 out of 10 authors landing a deal.