About Newsy
Newsy is a company based in Austin (United States) founded in 2008 was acquired by Scripps Networks in December 2013.. Newsy has raised $4.88 million across 5 funding rounds from investors including Scripps Networks. Newsy offers products and services including News App, Website, and TV Schedule. Newsy operates in a competitive market with competitors including The Young Turks, ATTN:, Brut, NowMedia Network and Editorji, among others.
- Headquarter Austin, 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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- Legal Name The E. W. Scripps Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.88 M (USD)
in 5 rounds
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Latest Funding Round
$1.25 M (USD), Series A
Apr 26, 2012
- Investors
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Employee Count
Employee Count
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Acquired by
Scripps Networks
(Dec 09, 2013)
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Products & Services of Newsy
Newsy offers a comprehensive portfolio of products and services, including News App, Website, and TV Schedule. 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.
Mobile app for accessing real-time news and videos
Platform for news articles and live updates
Guide for news shows and programming
Funding Insights of Newsy
Newsy has successfully raised a total of $4.88M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.25 million completed in April 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 Total Funding
- Total Rounds 5
- Last Round Series A — $1.2M
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First Round
First Round
(01 Jan 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series A - Newsy | Valuation |
investors |
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| Mar, 2011 | Amount | Series A - Newsy | Valuation |
investors |
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| May, 2010 | Amount | Series A - Newsy | Valuation |
investors |
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| 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 Newsy
Newsy has secured backing from 1 investor. Prominent investors backing the company include Scripps Networks. 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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Lifestyle content is developed for television and digital platforms.
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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 Newsy
| 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 - Newsy
| 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 |
Newsy Comparisons
Competitors of Newsy
Newsy 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 The Young Turks, ATTN:, Brut, NowMedia Network and Editorji, 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 |
Online platform offering news videos
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| domain | founded_year | HQ Location |
Societal issues are addressed through digital media commentary and videos.
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| domain | founded_year | HQ Location |
Video-aided news is published via an app-based platform across categories.
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| domain | founded_year | HQ Location |
Produces engaging digital series and content for young audiences via social media partnerships.
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| domain | founded_year | HQ Location |
On-demand news streaming platform
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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 Newsy
Frequently Asked Questions about Newsy
When was Newsy founded?
Newsy was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Newsy located?
Newsy is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Newsy a funded company?
Newsy is a funded company, having raised a total of $4.88M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Jan 01, 2009.
What does Newsy do?
Newsy was founded in 2008 in Austin, United States. A digital video news service targeted at millennials is operated, with top stories presented across multiple platforms in on-demand and linear formats. Content is distributed through over-the-top services such as Apple TV, Comcast, Pluto TV, Roku, Amazon Fire TV, and Google Chromecast. Mobile compatibility is supported for iOS, Android, and Kindle Fire devices.
Who are the top competitors of Newsy?
Newsy's top competitors include Brut, ATTN: and The Young Turks.
What products or services does Newsy offer?
Newsy offers News App, Website, and TV Schedule.
Who are Newsy's investors?
Newsy has 1 investor. Key investors include Scripps Networks.