NowThis Overview
- Year Founded
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2012
- Status
-
Acquired/Merged
- Employees
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54
- Latest Deal Type
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Corporate
- Investors
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1
NowThis General Information
Description
Operator of a mobile news brand intended to offer news that is engaging and relevant for young adults. The company's video-news network offers short video news clips, enabling audiences to stay updated about the events occurring around them.
Contact Information
Website
www.nowthisnews.com(Operating Subsidiary)
Corporate Office
- 568 Broadway
- New York, NY 10012
- United States
Corporate Office
- 568 Broadway
- New York, NY 10012
- United States
NowThis Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Corporate | 12-Apr-2023 | Completed | Generating Revenue | |||
| 6. Merger/Acquisition | 07-May-2019 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series D) | 08-Dec-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 04-Dec-2014 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 12-Jan-2014 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 30-Apr-2013 | $4.85M | $9.8M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 23-Apr-2012 | $5M | $5M | Completed | Startup |
NowThis Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A | 5,000,000 | $0.001000 | $1 | $1 | 1x | $0.99 | 8.95% | |
| Seed | 13,500,000 | $0.001000 | $0.04 | $0.04 | 1x | $0.04 | 23.94% |
NowThis Comparisons
Industry
Financing
Details
NowThis Competitors (3)
One of NowThis’s 3 competitors is Social Media Today, a Corporate Backed or Acquired company based in Newton, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Social Media Today | Corporate Backed or Acquired | Newton, MA | ||||
| Mic Network | Formerly VC-backed | New York, NY | ||||
| Upworthy | Formerly VC-backed | New York, NY |
NowThis Signals
NowThis Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Axel Springer | PE-Backed Company | Minority | ||
| Bridge Investments | Venture Capital | Minority | ||
| Lerer Hippeau | Venture Capital | Minority | ||
| NBCUniversal Media | Corporation | Minority | ||
| Oak Investment Partners | Venture Capital | Minority |
NowThis Acquisitions (2)
NowThis’s most recent deal was a Merger/Acquisition with Salary Transparent Street. The deal was made on 14-Jan-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Salary Transparent Street | 14-Jan-2026 | Merger/Acquisition | Information Services (B2C) | ||
| Cliptamatic | 30-Jun-2014 | Merger/Acquisition | Automation/Workflow Software |
NowThis FAQs
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When was NowThis founded?
NowThis was founded in 2012.
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Where is NowThis headquartered?
NowThis is headquartered in New York, NY.
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What is the size of NowThis?
NowThis has 54 total employees.
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What industry is NowThis in?
NowThis’s primary industry is Publishing.
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Is NowThis a private or public company?
NowThis is a Private company.
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What is NowThis’s current revenue?
The current revenue for NowThis is .
-
How much funding has NowThis raised over time?
NowThis has raised $32M.
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Who are NowThis’s investors?
Axel Springer, Bridge Investments, Lerer Hippeau, NBCUniversal Media, and Oak Investment Partners are 5 of 8 investors who have invested in NowThis.
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Who are NowThis’s competitors?
Social Media Today, Mic Network, and Upworthy are competitors of NowThis.
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When was NowThis acquired?
NowThis was acquired on 12-Apr-2023.
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Who acquired NowThis?
NowThis was acquired by Group Nine Media.
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