About iCurrent
iCurrent is a company based in San Francisco (United States) founded in 2006 was acquired by Graham Holdings Co in July 2010.. iCurrent has raised $3 million across 1 funding round from investors including Graham Holdings Co and Crosslink Capital. iCurrent operates in a competitive market with competitors including Toutiao, News Break, DailyHunt, VerSe and SmartNews, among others.
- Headquarter San Francisco, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Icurrent, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
Aug 01, 2008
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Investors
Graham Holdings Co
& 1 more
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Employee Count
Employee Count
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Acquired by
Graham Holdings Co
(Jul 14, 2010)
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Funding Insights of iCurrent
iCurrent has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in August 2008. 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 1
- Last Round Series A — $3.0M
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First Round
First Round
(01 Aug 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2008 | Amount | Series A - iCurrent | 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 iCurrent
iCurrent has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Graham Holdings Co and Crosslink Capital. 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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Venture capital is invested in various sectors by Crosslink Capital.
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Founded Year | Domain | Location | |
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Diversified media broadcasting and educational services are operated.
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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 iCurrent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - iCurrent
| 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 |
Icurrent Comparisons
Competitors of iCurrent
iCurrent 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 Toutiao, News Break, DailyHunt, VerSe and SmartNews, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized news aggregator app
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| domain | founded_year | HQ Location |
Multi-category news is aggregated online by News Break.
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| domain | founded_year | HQ Location |
Multi-category news is curated and delivered in multiple languages.
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
Personalized news stories are discovered via machine learning algorithms.
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| domain | founded_year | HQ Location |
Online media portal
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about iCurrent
When was iCurrent founded?
iCurrent was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is iCurrent located?
iCurrent is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is iCurrent a funded company?
iCurrent is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Aug 01, 2008.
What does iCurrent do?
iCurrent was founded in 2006 in San Francisco, United States, as a service in the digital media sector. Content from newspapers, magazines, and blogs is prioritized and organized automatically for users. A user-driven personalization approach is employed, where channels are created and adjusted through topic searches or recommendations. Discovery and delivery of general news, professional content, and personal interests are facilitated regularly.
Who are the top competitors of iCurrent?
iCurrent's top competitors include DailyHunt, Toutiao and News Break.
Who are iCurrent's investors?
iCurrent has 2 investors. Key investors include Graham Holdings Co, and Crosslink Capital.
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