PressReader Overview
- Year Founded
-
1999
- Status
-
Private
- Employees
-
500
- Latest Deal Type
-
2ndary - Private
- Investors
-
1
PressReader General Information
Description
Operator of an online newspaper and magazine platform intended to offer access to local, regional and international news to readers. The company's platform offer various news content in print or on smartphones and also readers can subscribe for unlimited access, or get the full experience sponsored by one of the business partners, enabling readers to keep themselves updated with the current affairs.
Contact Information
Website
www.pressreader.comCorporate Office
- 200-13111 Vanier Place
- Richmond, British Columbia V6V 2J1
- Canada
Corporate Office
- 200-13111 Vanier Place
- Richmond, British Columbia V6V 2J1
- Canada
PressReader Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Secondary Transaction - Private | 01-Jun-2021 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 14-Mar-2005 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 16-Jan-2002 | $5M | $9.7M | Completed | Generating Revenue | |
| 1. Early Stage VC | $4.7M | $4.7M | Completed | Startup |
PressReader Comparisons
Industry
Financing
Details
PressReader Competitors (7)
One of PressReader’s 7 competitors is Zinio, a Private Equity-Backed company based in Barcelona, Spain.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zinio | Private Equity-Backed | Barcelona, Spain | ||||
| Yudu | Accelerator/Incubator Backed | Clitheroe, United Kingdom | ||||
| Cafeyn | Private Equity-Backed | Paris, France | ||||
| Dirxion | Corporation | Saint Louis, MO | ||||
| Issuu | Private Equity-Backed | Palo Alto, CA |
PressReader Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
PressReader Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Soses Investments | Other | Minority |
PressReader Acquisitions (2)
PressReader’s most recent deal was a Merger/Acquisition with Evident Point Software. The deal was made on 12-Jan-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Evident Point Software | 12-Jan-2021 | Merger/Acquisition | Media and Information Services (B2B) | ||
| News360 | 20-Aug-2019 | Merger/Acquisition | Publishing |
PressReader Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Evident Point Software | Richmond, Canada | 1995 |
PressReader FAQs
-
When was PressReader founded?
PressReader was founded in 1999.
-
Where is PressReader headquartered?
PressReader is headquartered in Richmond, Canada.
-
What is the size of PressReader?
PressReader has 500 total employees.
-
What industry is PressReader in?
PressReader’s primary industry is Publishing.
-
Is PressReader a private or public company?
PressReader is a Private company.
-
What is PressReader’s current revenue?
The current revenue for PressReader is .
-
How much funding has PressReader raised over time?
PressReader has raised $18.2M.
-
Who are PressReader’s investors?
Soses Investments has invested in PressReader.
-
Who are PressReader’s competitors?
Zinio, Yudu, Cafeyn, Dirxion, and Issuu are some of the 7 competitors of PressReader.
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