About PR Newswire
PR Newswire is a company based in New York (United States) founded in 1954 was acquired by Cision in December 2015.. The company has 65 employees as of April 03, 2024. PR Newswire has completed 2 acquisitions, including Hispanic PR Wire and The Fuel Team. PR Newswire operates in a competitive market with competitors including Kamet Capital, GAO, Ruifeng Wealth, HPWM and AL Wealth Partners, among others.
- Headquarter New York, United States
- Employees 65 as on 03 Apr, 2024
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pww Distribution India Private Limited
- Date of Incorporation 04 Mar, 2016
- Jurisdiction Elphinstone Road West, Maharashtra, India
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Annual Revenue
$4.25 M (USD)2.75as on Mar 31, 2023
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Net Profit
$124.06 K (USD)-41.01as on Mar 31, 2023
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EBITDA
$224.32 K (USD)6.48as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
65
as on Apr 03, 2024
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Investments & Acquisitions
Hispanic PR Wire
& 1 more
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Acquired by
Cision
(Dec 15, 2015)
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Software Development Team
117 people
Leadership Team
102 people
Sales and Marketing
71 people
Senior Team
48 people
Product Management Team
44 people
Account Team
23 people
Finance and Accounting
20 people
Research Team
16 people
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Funding Insights of PR Newswire
| 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 PR Newswire
PR Newswire has secured backing from 1 investor. Prominent investors backing the company include Cision. 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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Cloud-based PR platform is provided for business media management.
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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 PR Newswire
PR Newswire has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hispanic PR Wire and The Fuel Team. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Public relations services are provided by The Fuel Team.
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2001 | ||||
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News broadcasting and Hispanic opinion leader relations are provided.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PR Newswire
| 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 |
Pr Newswire Comparisons
Competitors of PR Newswire
PR Newswire 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 Kamet Capital, GAO, Ruifeng Wealth, HPWM and AL Wealth Partners, 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 |
Wealth management services are provided to clients in Singapore.
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| domain | founded_year | HQ Location |
Offers comprehensive wealth management services, including portfolio advisory and financial planning.
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| domain | founded_year | HQ Location |
Offers tailored investment advice and portfolio management to high-net-worth clients in Asia.
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| domain | founded_year | HQ Location |
Offers investment advice and management services for high net worth individuals and families.
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| domain | founded_year | HQ Location |
Provider of wealth management services
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| domain | founded_year | HQ Location |
Taurus Wealth is recognized for comprehensive wealth management services.
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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 Pr Newswire
Frequently Asked Questions about PR Newswire
When was PR Newswire founded?
PR Newswire was founded in 1954.
Where is PR Newswire located?
PR Newswire is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of PR Newswire?
Kevin Akeroyd Kevin Akeroyd is the current CEO of PR Newswire.
How many employees does PR Newswire have?
As of Apr 03, 2024, the latest employee count at PR Newswire is 65.
What is the annual revenue of PR Newswire?
Annual revenue of PR Newswire is $4.25M as on Mar 31, 2023.
What does PR Newswire do?
Founded in 1954 and headquartered in New York, United States, PR Newswire operates in the media and communications sector. An online platform is provided for distributing news releases to journalists, bloggers, and influencers. Services include content amplification, optimization, impact measurement, targeting, monitoring, and marketing solutions. These tools enable connections with target audiences across various channels.
Who are the top competitors of PR Newswire?
PR Newswire's top competitors include Kamet Capital, AL Wealth Partners and SPAC II Acquisition.
How many acquisitions has PR Newswire made?
PR Newswire has made 2 acquisitions, including Hispanic PR Wire, and The Fuel Team.
Who are PR Newswire's investors?
PR Newswire has 1 investor. Key investors include Cision.
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