About NewsiT
NewsiT was a Media & Entertainment company founded in 2010. It offers a mobile platform for crowdsourced news content. It operates on a B2C model. NewsiT has raised $500 thousand across 1 funding round. The company is recorded as dissolved. Its focus areas include Media and Entertainment, News, Mobile Platforms and Crowdsourced Content. Its competitors include Allvoices, Fresco News, Imoji, Wildfire Technologies and The Correspondent and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
NewsiT, established in 2010, excels in media and entertainment, news, mobile platforms, and crowdsourced content. Offers a mobile platform for crowdsourced news content. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- SectorsMedia & Entertainment
- Website newsit.net
- Social X
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Angel Round
Mar 2012
Funding Insights of NewsiT
NewsiT has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Angel Round of $500 thousand completed in March 2012. 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 $500,000
- Total Rounds 1
- Last Round Angel Round — $500,000
- First Round $500,000
(Mar 2012)
All 1 funding rounds of NewsiT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2012 | $500,000 | Angel Round | – | – | – |
Timeline of NewsiT
2 dated milestones of NewsiT across 2 years, from founding to its latest funding, stage changes and deals.
- Founded NewsiT is founded.
- Funding First funding round of $500K.
Competitors of NewsiT
NewsiT has 9 listed competitors in our database, 7 of them funded. They include Allvoices, Fresco News, Imoji, Wildfire Technologies and The Correspondent, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allvoices.com | 2007 | San Francisco, United States | $3M | 19 | Platform for anonymous reporting, HR case management, and AI-assisted investigations. | |
| fresconews.com | 2014 | New York, United States | $7.27M | – | Platform for crowdsourced images and videos for news organizations | |
| imoji.io | 2013 | San Francisco, United States | $2M | – | Platform to share and discover stickers | |
| getwildfire.com | 2015 | San Francisco, United States | $120,000 | 2 | Multi-category campus news is delivered via a mobile app. | |
| thecorrespondent.com | 2018 | New York, United States | $950,000 | – | Content across multiple categories is provided via an online platform. | |
| zenger.news | 2019 | Austin, United States | $10M | 1 | Online platform offering multi-category news | |
| fark.com | 1999 | Lexington, United States | – | – | A news aggregator site compiling articles from various sources. | |
| inkblazers.com | 2011 | Cambridge, United States | $1M | – | Operates a crowd-publishing platform for comics. | |
| whatthetrend.com | 2009 | Palo Alto, United States | – | – | Crowd-sourced definitions for trending Twitter topics are provided. |
Detailed competitors of NewsiT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Digital Media & Publishing Platforms
10 companies that operate in the same segment as NewsiT (Digital Media & Publishing Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Content is shared and discussed across user-driven communities. | 2005 | San Francisco, California, United States | USD 1.62 B | – | – | |
Online platform for creating graphic images | 2012 | Surry Hills, New South Wales, Australia | USD 589.22 M | USD 668.78 M | 20,257 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Subscription-based platform for publishers' content management is provided. | 2017 | San Francisco, California, United States | USD 189.5 M | USD 1.45 M | 4,285 | |
An audio streaming platform for series and stories is operated. | 2018 | Bengaluru, Karnataka, India | USD 196.66 M | USD 30.62 M | 1,044 | |
Platform connecting readers and writers, offering digital literature in multiple languages | 2014 | Bengaluru, Karnataka, India | USD 92.65 M | USD 6.84 M | 162 | |
Native advertising solutions are delivered via a cloud-based content platform. | 2006 | New York, New York, United States | USD 403.72 M | USD 1.3 B | 1,800 | |
Online storytelling platform | 2006 | Toronto, Ontario, Canada | USD 117.82 M | – | – | |
Online platform allows users to read and write blogs | 2012 | San Francisco, California, United States | USD 162.97 M | – | – | |
Ad network platform is utilized for content recommendations and monetization. | 2007 | New York, New York, United States | USD 160 M | USD 1.91 B | 2,024 |
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Frequently Asked Questions about NewsiT
NewsiT was founded in 2010 and raised its 1st funding round 2 years after it was founded.
NewsiT is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Angel Round of $500K, raised on Mar 2012.
NewsiT, established in 2010, excels in media and entertainment, news, mobile platforms, and crowdsourced content. Offers a mobile platform for crowdsourced news content. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
NewsiT's top competitors include Fresco News, The Correspondent and Zenger.