theSkimm Overview
- Year Founded
-
2012
- Status
-
Acquired/Merged
- Employees
-
113
- Latest Deal Type
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M&A
theSkimm General Information
Description
Provider of an online newsletter service intended to help readers stay informed about world affairs. The company's subscription service delivers concise summaries of key topics in culture, politics, and technology, integrates upcoming events into users' calendars, and offers additional content through a mobile app and podcasts, enabling individuals to access relevant information within their routines.
Contact Information
Website
www.theskimm.com(Operating Subsidiary)
Corporate Office
- 360 Park Avenue South
- 17th Floor
- New York, NY 10010
- United States
Corporate Office
- 360 Park Avenue South
- 17th Floor
- New York, NY 10010
- United States
theSkimm Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 19-Mar-2025 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Debt - PPP | 09-Apr-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 11-Oct-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 26-Sep-2016 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 16-Dec-2014 | Completed | Generating Revenue | |||
| 2. Seed Round | 25-Feb-2014 | $1.58M | $1.58M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Startup |
theSkimm Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 6,121,446 | $0.000100 | $1.02 | $1.02 | 1x | $1.02 | 16.48% | |
| Seed | 5,743,918 | $0.000100 | $0.28 | $0.28 | 1x | $0.28 | 15.46% |
theSkimm Comparisons
Industry
Financing
Details
theSkimm Competitors (8)
One of theSkimm’s 8 competitors is Scribd, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Scribd | Venture Capital-Backed | San Francisco, CA | ||||
| Yahoo | Private Equity-Backed | New York, NY | ||||
| Issuu | Formerly PE-Backed | Palo Alto, CA | ||||
| A Medium | Venture Capital-Backed | San Francisco, CA | ||||
| ForeYou | Venture Capital-Backed | Los Angeles, CA |
theSkimm Patents
theSkimm Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20170250941-A1 | Generating enhanced content | Inactive | 25-Feb-2016 |
theSkimm Signals
theSkimm Former Investors (32)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACME Capital | Venture Capital | Minority | ||
| Capital Factory | Accelerator/Incubator | Minority | ||
| Cross Culture Ventures | Venture Capital | Minority | ||
| Edmonton Unlimited | Accelerator/Incubator | Minority | ||
| Five Island Ventures | Angel Group | Minority |
theSkimm Acquisitions (1)
theSkimm’s most recent deal was a Merger/Acquisition with Purple Politics. The deal was made on 23-Apr-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Purple Politics | 23-Apr-2019 | Merger/Acquisition | Communication Software |
theSkimm FAQs
-
When was theSkimm founded?
theSkimm was founded in 2012.
-
Where is theSkimm headquartered?
theSkimm is headquartered in New York, NY.
-
What is the size of theSkimm?
theSkimm has 113 total employees.
-
What industry is theSkimm in?
theSkimm’s primary industry is Publishing.
-
Is theSkimm a private or public company?
theSkimm is a Private company.
-
What is theSkimm’s current revenue?
The current revenue for theSkimm is .
-
How much funding has theSkimm raised over time?
theSkimm has raised $28.3M.
-
Who are theSkimm’s investors?
ACME Capital, Capital Factory, Cross Culture Ventures, Edmonton Unlimited, and Five Island Ventures are 5 of 32 investors who have invested in theSkimm.
-
Who are theSkimm’s competitors?
Scribd, Yahoo, Issuu, A Medium, and ForeYou are some of the 8 competitors of theSkimm.
-
When was theSkimm acquired?
theSkimm was acquired on 19-Mar-2025.
-
Who acquired theSkimm?
theSkimm was acquired by Ziff Davis.
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