# Spines

> AI-assisted self-publishing platform combining author-paid production packages, book distribution, and royalty-management software.

## Why it is interesting

The November 9, 2026 $64M headline combines $29M new equity and a separate $35M financing facility. Its author economics also combine upfront publishing fees and a share of net royalties, while a claimed $50M revenue run rate is not an audited fiscal-year result.

## Profile

- **Latest funding:** Series A (announced) — $16M (November 19, 2024)
- **Latest known valuation:** Undisclosed (November 9, 2026)
- **Total disclosed equity funding:** $23M
- **Stage:** growth
- **Status:** private
- **Industries:** N/A
- **Coverage:** full
- **Last updated:** 2026-11-09
- **Latest funding investors:** Zeev Ventures, Aleph, M-Fund, LionTree

## Key facts

- November 9 $64M package = $29M Series A-1 equity + $35M non-dilutive facility; no evidence full facility drawn.
- 2024 Series A $16M and separate 2024 seed $6.5M; identified equity rounds total $51.5M.
- Company-reported $50M revenue RUN RATE and 8,000+ American authors; neither equals audited annual revenue or sold-through books.
- Publishing packages charge upfront fees and official terms generally pay authors 70% of net sales royalties received by Spines, not 70% of retail price.
- November 2026 translation in seven target languages with 20 a future company plan.

## Funding history

- Series A-1 equity (announced; excludes separate $35M facility) · $29M · November 9, 2026
  Source: https://www.prnewswire.com/news-releases/spines-secures-64m-to-help-more-authors-publish-and-reach-readers-worldwide-302933315.html
- Non-dilutive growth financing facility (not equity; announced) · $35M commitment; drawdown not disclosed · November 9, 2026
  Source: https://www.prnewswire.com/news-releases/spines-secures-64m-to-help-more-authors-publish-and-reach-readers-worldwide-302933315.html
- Series A (announced) · $16M · November 19, 2024
  Source: https://seedtable.com/companies/spines/funding-rounds/series-a-2024-11
- Seed (company-announced) · $6.5M · April 24, 2024
  Source: https://spines.com/spines-secures-6-5-million-in-funding-and-captures-major-media-attention/

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** November 9, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/spines