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The Wrap News

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
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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%
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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
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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)
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The Wrap News Subsidiaries (1)

Company Name Industry Location Founded
00000000 Social/Platform Software New York, NY 0000
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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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The Wrap News Board Members (2)

Name Representing Role Since Contact
Info
Ezra Kucharz Self Board Member 000 0000
Michael Slade Self Board Member 000 0000