Boynton Beach, Fla.-based Spineshas secured $64 million in growth capital to expand its operations and product capabilities. The financing includes a $29 million Series A-1 equity round led by Palo Alto, Calif.-based Zeev Ventures, with participation from Aleph, NordStar, M-Fund, LionTree, and angel investor Dan Senor, alongside a $35 million non-dilutive growth financing facility from Twelve.
Founded by CEO Yehuda Niv, the AI-powered publishing platform automates the operational aspects of publishing rather than generate manuscripts. The company says its approach preserves the author’s creative ownership while using AI to manage the processes required to bring a book to market.
The financing comes as artificial intelligence reshapes the publishing industry, particularly in areas such as editing, translation, audiobook production, and content distribution. While generative AI tools have lowered barriers to producing written content, authors still face challenges navigating the traditional publishing process, which can involve multiple service providers and lengthy production timelines.
The writing, the story, and the knowledge come
“The writing, the story, and the knowledge come from the author. Our job is to build the technology and infrastructure around them; to help more people discover the author within themselves, turn their work into a professionally published book, and ultimately find and reach its audience,” said Niv.
Niv is an Israeli technology entrepreneur, angel investor, and published author who founded Niv Publishing (Niv Books) after struggling to navigate the traditional publishing process for his own book. The company grew into what is described as Israel’s largest publishing house, managing more than 400 team members and publishing over 1,200 titles annually.
Niv has also been involved in early-stage technology and publishing investments, including through ConnectSafely, and co-founded HOOK Crowdfunding, a mentorship firm supporting Israeli creators seeking to raise capital through crowdfunding campaigns.
Spines uses specialized AI agents to handle editing,
Spines uses specialized AI agents to handle editing, proofreading, cover design, formatting, metadata generation, translation, audiobook production, distribution, royalty management, and marketing. Authors can also access in-house human editors, proofreaders, designers, and native-speaking language professionals.
The platform distributes books through more than 100 global channels and centralizes sales tracking and royalty management. Its translation tools currently support English-to-Spanish, Italian, French, German, Portuguese, Polish, and Hebrew translations, with plans to expand to 20 supported target languages over the next six months.
