Newsela Overview

  • Founded

  • 2012

Founded
  • Status

  • Private

  • Employees

  • 654

Employees
  • Latest Deal Type

  • Series D

  • Latest Deal Amount

  • $100M

  • Investors

  • 37

Newsela General Information

Description

Developer of an e-learning platform designed to offer student-tailored daily news articles online and digitally. The company's platform provides digital content from various sources in five levels of complexity, enabling students from various grades to boost their non-fictional fluency and critical thinking in a hassle-free manner.

Contact Information

Website
www.newsela.com
Formerly Known As
Whipsmart Learning
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Primary Office
  • 475 10th Avenue
  • 4th Floor
  • New York, NY 10019
  • United States
+1 (855) 000-0000

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Newsela Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series D) 25-Feb-2021 $100M 00000 00.000 Completed Generating Revenue
7. Later Stage VC (Series C) 13-Mar-2019 0000 000.00 00000 Completed Generating Revenue
6. Later Stage VC 28-Feb-2017 0000 000.00 0000 Completed Generating Revenue
5. Early Stage VC (Series B) 06-Oct-2015 0000 000.00 0000 Completed Generating Revenue
4. Early Stage VC (Series A) 24-Sep-2014 00.000 00.000 000.00 Completed Generating Revenue
3. Grant 00000 00.00 Completed Startup
2. Early Stage VC (Series A1) 09-Oct-2013 $1.2M $1.2M 00.00 Completed Startup
1. Angel (individual) 30-Apr-2013 Completed Startup
To view Newsela’s complete valuation and funding history, request access »

Newsela Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D 0,000,000 00.000000 00 000.00 000.00 00 000.00 0.000
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B2 0,000,000 00.000000 00 00.0 00.0 00 00.0 0.000
Series B 0,000,000 00.000000 00 00.0 00.0 00 00.0 00.000
Series A1 1,177,298 $0.001000 8% $1 $1 1x $0.99 2.4%
Series A 5,384,599 $0.001000 8% $1 $1 1x $0.99 10.96%
To view Newsela’s complete cap table history, request access »

Newsela Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an e-learning platform designed to offer student-tailored daily news articles online and digitally. The com
Educational Software
New York, NY
654 As of 2022
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0.000 0000-00-00
00000000000 00000

0000-0

commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit es
00000000000 00000000
New York, NY
00 As of 0000
000
00000000000 000

000000

g elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut en
00000000000 00000000
Dania Beach, FL
000 As of 0000
000.00
0000 0000-00-00
000000&0 000.00
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Newsela Competitors (29)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
News-O-Matic Formerly VC-backed New York, NY 00 000 00000000000 000
0000000 Formerly VC-backed Dania Beach, FL 000 000.00 000000&0 000.00
0000 Private Equity-Backed Bloomington, MN 000 000000000000
00000 0000000000 Angel-Backed Eugene, OR 000 00000 0000000000 00000
000000 Formerly VC-backed San Mateo, CA 00 00000 000000&0 00000
You’re viewing 5 of 29 competitors. Get the full list »

Newsela Executive Team (27)

Name Title Board Seat Contact Info
Jose Carrera Chief Executive Officer
Igor Beckerman Chief Financial Officer
Derrick Ware Chief Product & Technology Officer
Christopher Mezzatesta Chief Customer Officer
Jennifer Ruth Chief Customer Success Officer
You’re viewing 5 of 27 executive team members. Get the full list »

Newsela Board Members (3)

Name Representing Role Since
Hanna Skandera Self Board Member 000 0000
Woody Marshall Self Board Member 000 0000
You’re viewing 2 of 3 board members. Get the full list »

Newsela Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Newsela Investors (37)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Chan Zuckerberg Initiative Impact Investing Minority 000 0000 000000 0
Franklin Templeton Asset Manager Minority 000 0000 000000 0
Franklin Venture Partners Venture Capital Minority 000 0000 000000 0
Human Capital Development Impact Investing Minority 000 0000 000000 0
Jennifer Coogan Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 37 investors. Get the full list »

Newsela Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000 14-Oct-2021 000000000 Educational Software
HapYak Interactive Video 14-Oct-2021 Merger/Acquisition 0000 Business/Productivity Software 0000000 0
To view Newsela’s complete investments and acquisitions history, request access »

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Newsela Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000 00000000000 14-Oct-2021 000000000000000000 0000 Completed
  • 0000000
To view Newsela’s complete exits history, request access »