SmartNews Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
-
566
- Latest Deal Type
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Debt
- Latest Deal Amount
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$70M
- Investors
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23
SmartNews General Information
Description
Operator of a news platform intended to discover and deliver the latest trending news stories. The company's platform uses machine learning algorithms to evaluate articles, and social signals and intelligently categorizes these stories into business, technology, lifestyle, entertainment, sports, and world tabs, enabling users to stay updated with the news.
Contact Information
Website
www.smartnews.comCorporate Office
- 2nd Floor, Ichigo Jingumae Building
- 6-25-16 Jingumae, Shibuya-ku
- Tokyo, 150-0001
- Japan
Corporate Office
- 2nd Floor, Ichigo Jingumae Building
- 6-25-16 Jingumae, Shibuya-ku
- Tokyo, 150-0001
- Japan
SmartNews Timeline
SmartNews Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Debt - General | 09-Jan-2024 | $70M | Completed | Generating Revenue | ||
7. Later Stage VC (Series F) | 15-Sep-2021 | Completed | Generating Revenue | |||
6. Later Stage VC (Series E) | 18-Nov-2019 | Completed | Generating Revenue | |||
5. Later Stage VC (Series D) | 08-Jul-2016 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C) | 30-Mar-2015 | Completed | Startup | |||
3. Early Stage VC (Series B) | 07-Aug-2014 | Completed | Startup | |||
2. Early Stage VC (Series A) | 01-Feb-2014 | $4.1M | $4.1M | Completed | Startup | |
1. Accelerator/Incubator | Completed | Startup |
SmartNews Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
F preferred | ||||||||
E Preferred | ||||||||
D2 class preferred | ||||||||
D1 Preferred | ||||||||
C preferred | ||||||||
B2 preferred | ||||||||
B1 preferred | 4,039,800 | $7.89 | $7.89 | 1x | $7.89 | 13.66% | ||
A preferred | 1,635,000 | $2.37 | $2.37 | 1x | $2.37 | 5.53% |
SmartNews Comparisons
Industry
Financing
Details
SmartNews Competitors (18)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
NewsPlus | Accelerator/Incubator Backed | Hyderabad, India | ||||
Dailyhunt | Venture Capital-Backed | Bangalore, India | ||||
Toutiao | Venture Capital-Backed | Beijing, China | ||||
Axios Media | Formerly VC-backed | Arlington, VA | ||||
InShorts | Venture Capital-Backed | Singapore, Singapore |
SmartNews Patents
SmartNews Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240331660-A1 | Program, terminal control method, terminal, information processing method, and information processing device | Pending | 31-Mar-2023 | ||
JP-2023170588-A | Program, method for controlling portable terminal, portable terminal, and information processing device | Active | 19-May-2022 | ||
US-20230409265-A1 | Program, mobile terminal control method, mobile terminal, and information processing device | Pending | 19-May-2022 | ||
JP-2022077871-A | Information processing terminal and program | Pending | 12-Nov-2020 | ||
JP-2022028729-A | Information processing equipment and programs | Pending | 08-Jun-2020 | H04W4/029 |
SmartNews Executive Team (13)
Name | Title | Board Seat |
---|---|---|
Kaisei Hamamoto | Co-Founder & Chief Executive Officer | |
Yi Ren | Chief Strategy Officer & Board Member | |
Cory Ondrejka | Chief Technology Officer | |
Ken Suzuki Ph.D | Co-Founder & Executive Chair | |
Megumi Yoshinaga | Head of US Sales Marketing & Global Marketing Operations |
SmartNews Board Members (3)
Name | Representing | Role | Since |
---|---|---|---|
Ken Kutaragi | Self | Board Member | |
Minoru Imano | Globis Capital Partners | Board Member | |
Yi Ren | SmartNews | Chief Strategy Officer & Board Member |
SmartNews Signals
SmartNews Investors (23)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Chiba Dojo | Venture Capital | Minority | ||
Green Co-Invest Investment | Asset Manager | Minority | ||
JIC Venture Growth Investments | Venture Capital | Minority | ||
Princeville Capital | Venture Capital | Minority | ||
Woodline Partners | Hedge Fund | Minority |
SmartNews Acquisitions (2)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Tombo | 21-Dec-2018 | Business/Productivity Software | |||
Pictory (Japan) | 21-May-2018 | Merger/Acquisition | Social/Platform Software |
SmartNews FAQs
-
When was SmartNews founded?
SmartNews was founded in 2012.
-
Who is the founder of SmartNews?
Kaisei Hamamoto and Ken Suzuki Ph.D are the founders of SmartNews.
-
Who is the CEO of SmartNews?
Kaisei Hamamoto is the CEO of SmartNews.
-
Where is SmartNews headquartered?
SmartNews is headquartered in Tokyo, Japan.
-
What is the size of SmartNews?
SmartNews has 566 total employees.
-
What industry is SmartNews in?
SmartNews’s primary industry is Publishing.
-
Is SmartNews a private or public company?
SmartNews is a Private company.
-
What is SmartNews’s current revenue?
The current revenue for SmartNews is
. -
How much funding has SmartNews raised over time?
SmartNews has raised $477M.
-
Who are SmartNews’s investors?
Chiba Dojo, Green Co-Invest Investment, JIC Venture Growth Investments, Princeville Capital, and Woodline Partners are 5 of 23 investors who have invested in SmartNews.
-
Who are SmartNews’s competitors?
NewsPlus, Dailyhunt, Toutiao, Axios Media, and InShorts are some of the 18 competitors of SmartNews.
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