DropCap is a global rights marketplace that utilizes a proprietary rights management platform to facilitate the licensing of print, ebook, and audio rights for independent authors to international publishers. By streamlining the pitching and contract management process, DropCap has secured over 8,000 licenses across 120 countries, significantly increasing authors' global reach and revenue potential.
Funding
$1.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
WFFounders
Product
Problem
Independent authors and publishers often face challenges in licensing their print, ebook, and audio rights to international publishers due to the complexities of pitching, contract management, and navigating diverse international markets. This can limit their global reach and potential revenue streams.
Solution
DropCap offers a rights management platform designed to streamline the process of licensing print, ebook, and audio rights for independent authors to international publishers. The platform facilitates pitching and contract management, increasing authors' global reach and revenue potential. By providing a centralized system for managing international rights, DropCap simplifies the complexities of global licensing, allowing authors and publishers to efficiently connect with international markets.
Target Audience
The primary users are independent authors and publishers seeking to license their print, ebook, and audio rights to international publishers.
Features
- Proprietary rights management software to showcase titles and manage international contracts
- Sales and marketing services to promote titles to foreign rights buyers
- Royalty tracking and payment processing
- Assistance in licensing print, ebook, and audio rights to book publishers worldwide