About Fresco News
Fresco News is a company based in New York (United States) founded in 2014.. Fresco News has raised $7.27 million across 4 funding rounds from investors including Wavemaker Partners, Liberty Media and Outbound Ventures. Fresco News offers products and services including News Platform, Email Subscription, and Contact Form. Fresco News operates in a competitive market with competitors including Allvoices, Imoji, Wildfire Technologies, The Correspondent and Zenger, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.27 M (USD)
in 4 rounds
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Latest Funding Round
$6.07 M (USD), Series A
Apr 17, 2017
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Investors
Wavemaker Partners
& 7 more
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Employee Count
Employee Count
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Products & Services of Fresco News
Fresco News offers a comprehensive portfolio of products and services, including News Platform, Email Subscription, and Contact Form. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Website for accessing articles on art and business topics
Service for receiving updates on latest stories
Tool for submitting inquiries and feedback
Funding Insights of Fresco News
Fresco News has successfully raised a total of $7.27M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.07 million completed in April 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.1M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series A - Fresco News | Valuation | Liberty Media , Outbound Ventures |
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| Sep, 2015 | Amount | Seed - Fresco News | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Fresco News | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fresco News
Fresco News has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Wavemaker Partners, Liberty Media and Outbound Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Outbound Ventures is focused on investing in millennial and Gen Z consumer brands.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are made in US tech sectors.
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Founded Year | Domain | Location | |
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Life-Sciences & Tech focused Seed-stage VC Firm investing in geographies such as the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fresco News
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fresco News
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fresco News Comparisons
Competitors of Fresco News
Fresco News operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Allvoices, Imoji, Wildfire Technologies, The Correspondent and Zenger, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Platform for anonymous reporting, HR case management, and AI-assisted investigations.
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| domain | founded_year | HQ Location |
Platform to share and discover stickers
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| domain | founded_year | HQ Location |
Multi-category campus news is delivered via a mobile app.
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| domain | founded_year | HQ Location |
Content across multiple categories is provided via an online platform.
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| domain | founded_year | HQ Location |
Online platform offering multi-category news
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fresco News
Frequently Asked Questions about Fresco News
When was Fresco News founded?
Fresco News was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Fresco News located?
Fresco News is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Fresco News a funded company?
Fresco News is a funded company, having raised a total of $7.27M across 4 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Jan 05, 2015.
What does Fresco News do?
Founded in 2014 and based in New York, United States, the platform operates within the news media sector. Assignments for event coverage are raised by professional organizations, including The Associated Press and Media General, allowing users to accept tasks and submit images and videos. Browsing of breaking news content is also enabled for contributors and viewers.
Who are the top competitors of Fresco News?
Fresco News's top competitors include The Correspondent, Zenger and Imoji.
What products or services does Fresco News offer?
Fresco News offers News Platform, Email Subscription, and Contact Form.
Who are Fresco News's investors?
Fresco News has 8 investors. Key investors include Wavemaker Partners, Liberty Media, Outbound Ventures, Social Starts, and 1517 Fund.