The Wrap News
2008
FOUNDED
PRIVATE
STATUS
51-60
EMPLOYEES
Series B
LATEST DEAL TYPE
$2M
LATEST DEAL AMOUNT
1
INVESTORS
Description
Developer of a digital news portal that covers the business of entertainment and media. The company offers high-profile newsbreaks, investigative stories, authoritative analysis, original photography and editorial and more through its website and hosts multiple events centered on the convergence of entertainment, media, technology and women's issues, including The Grill and The Power Women Summit.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Information Services (B2C)
Primary Office
- 2260 South Centinela Avenue
- Suite 150
- Los Angeles, CA 90064
- United States
+1 (424) 000-0000
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The Wrap News Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series B) | 25-Apr-2010 | $2M | 00.00 | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series A) | 26-Jan-2009 | 000000 | 00.00 | 00.000 | Completed | Generating Revenue |
| 1. Seed Round | 11-Aug-2008 | $500K | $500K | Completed | Generating Revenue |
The Wrap News Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A1 | 00,000 | 00.000000 | 00.00 | 00 | 00 | 00 | 00 | 0.000 |
| Series A | 651,234 | $0.010000 | $0.18 | $3 | $3 | 1x | $3 | 27.29% |
The Wrap News Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Variety | Private Equity-Backed | Los Angeles, CA | 000000000000 | |||
| 0000000 0000000 (0 | Private Equity-Backed | Los Angeles, CA | 000000000000 |
The Wrap News Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000 | 06-Sep-2018 | 000000000000000000 | Social/Platform Software | 000000 000000 | |
| ItsontheGrid.com | 18-Jan-2011 | Merger/Acquisition | Information Services (B2C) |
The Wrap News Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 00000000 | Social/Platform Software | New York, NY | 0000 |
The Wrap News Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Maveron | Venture Capital | Minority | 000 0000 | 000000 0 |
The Wrap News Executive Team (10)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Alan Citron | General Manager | ||
| Dan Levitan | Co-Founder | ||
| Sharon Waxman | Co-Founder and Editor in Chief | ||
| Brad Agens | Head, Revenue | ||
| Caren Gibbens | Vice President, Sales |
4 Former Executives
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