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Zoobean Revenue & Funding (2024)

Zoobean generated $5M in revenue in 2024. Source: Press & News

Beanstack is owned by Zoobean, Inc. Zoobean was founded in 2012 and is headquartered in Arlington, Virginia. Beanstack is an online reading platform that connects public libraries, schools, and other literacy organizations with readers of all ages. The platform provides personalized recommendations for books and other reading materials, tracks reading progress, and offers reading challenges and other engagement tools to encourage a love of reading.

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Zoobean Revenue

In 2024, Zoobean's revenue reached $5M. The company previously reported $3.1M in 2023. Since its launch in 2013, Zoobean has shown consistent revenue growth.

Zoobean Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M2013201520172019202120232024$0$2.4M$3.1M$5MSource: GetLatka.com
YearMilestoneSource
2024Zoobean Hit $5m revenue in March 2024Press & News
2023Zoobean Hit $3.1m revenue in November 2023Estimated
2022Zoobean revenue for 2022: $2.4mPress & News
2021Zoobean Hit $2.4m revenue in April 2021Not recorded
2013Launched with $0 revenue

Zoobean Valuation, Funding Rounds

Zoobean has not publicly disclosed its valuation. The company has raised $1.1M in total funding to date.

Zoobean has raised $1.1M in total funding across 4 rounds, with its most recent round in 2020.

Zoobean Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$250K$500K$750K$1M$1.3M20132014201520162017201820192020$1.1MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$75K--Not recorded
2018Funding round$20K--Not recorded
2014Funding round$400K--Not recorded
2013Funding round$572.6K--Not recorded

Founders

Felix Lloyd

CEO

Felix Brandon Lloyd is Co-founder and President of Zoobean. Zoobean's products, including the Beanstack app and Badge Books, help groups of people read more and read together by participating in reading challenges and reading fundraisers. Prior to starting Zoobean, Felix taught and served as Dean of Students at the SEED Public Charter School. During this time, he was named Washington, D.C.'s Teacher of the Year. In 2007, Felix received a fellowship from Echoing Green, a seed funder which supports the world's most outstanding emerging social entrepreneurs and the organizations they launch. He founded Skill-Life, Inc. -- a technology company that developed the MoneyIsland financial education software for kids. Skill-Life, was acquired by BancVue, Ltd. in January 2010. In April 2014, Felix and Zoobean co-founder Jordan Bookey were featured on the ABC television show "Shark Tank" through which they gained an investment from businessman Mark Cuban. The company has since gained investments from Kapor Capital, Amazon's Alexa Fund, RevUp Capital, the AT&T Aspire Accelerator, and others. Its web and mobile app, which motivate people to read by participating in reading challenges, is licensed by over 10,000 libraries and schools across the country and has been used by over 3 million readers. Felix earned a Bachelors of Arts from Syracuse University where he was the commencement student speaker. He also has a Masters of Fine Arts in Fiction Writing from Washington University in Saint Louis where he was awarded a Chancellor’s Fellowship.

Zoobean Employees & Team Size

Zoobean employs approximately 41 people as of 2026, up from 36 in 2023.

Zoobean Team GrowthReported headcount over time010203040502013201520172019202120232024004141Source: GetLatka.com
YearMilestoneSource
2024Reached 41 employees (October 2024)Not recorded
2023Reached 36 employees (November 2023)Not recorded
2023Reached 36 employees (July 2023)Not recorded
2022Reached 33 employees (November 2022)Not recorded
2021Reached 29 employees (November 2021)Not recorded
2021Reached 29 employees (April 2021)Not recorded

Frequently Asked Questions about Zoobean

What is Zoobean's revenue?

As of 2024, Zoobean generated $5M in revenue.

Who founded Zoobean?

Zoobean was founded by Tyler Ewing.

When was Zoobean founded?

Zoobean was founded in 2013.

Who is the CEO of Zoobean?

The CEO of Zoobean is Tyler Ewing.

How much funding does Zoobean have?

Zoobean raised $1.1M across 4 rounds.

How many employees does Zoobean have?

As of 2024, Zoobean had 41 employees.

Where is Zoobean headquartered?

Zoobean is headquartered in Arlington, Virginia, United States.

Compare Zoobean to the industry

See how Zoobean ranks against the best Vertical Industry Software companies by revenue and funding.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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