About Pressly
Pressly is a company based in Toronto (Canada) founded in 2011 was acquired by Alida in September 2017.. Pressly has raised $3.6 million across 2 funding rounds from investors including Alida, Gibraltar Business Capital and Inovia Capital. Pressly operates in a competitive market with competitors including Taboola, Scoop.it, Magnify, OwnLocal and Fashion Cloud, among others.
- Headquarter Toronto, Canada
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Pressly
Pressly has successfully raised a total of $3.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in March 2015. 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 2
- Last Round Series A — $2.1M
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First Round
First Round
(12 Mar 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Series A - Pressly | Valuation |
investors |
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| Mar, 2013 | Amount | Seed - Pressly | 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 Pressly
Pressly has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Alida, Gibraltar Business Capital and Inovia 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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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Early-stage technology-driven companies are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Working capital and asset-based loans are provided to businesses.
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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 Pressly
| 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 - Pressly
| 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 |
Pressly Comparisons
Competitors of Pressly
Pressly 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 Taboola, Scoop.it, Magnify, OwnLocal and Fashion Cloud, 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 |
Ad network platform is utilized for content recommendations and monetization.
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| domain | founded_year | HQ Location |
Content curation and social sharing platform for businesses
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| domain | founded_year | HQ Location |
Online video curation platform
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| domain | founded_year | HQ Location |
Traditional ads are converted to digital campaigns for local media.
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| domain | founded_year | HQ Location |
Online platform for brands to source digital content in the fashion industry
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| domain | founded_year | HQ Location |
Social media content curation 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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Frequently Asked Questions about Pressly
When was Pressly founded?
Pressly was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Pressly located?
Pressly is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Pressly a funded company?
Pressly is a funded company, having raised a total of $3.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 12, 2013.
What does Pressly do?
Pressly was founded in 2011 in Toronto, Canada, as a platform in the content curation and analytics sector. Sources from the public web, social networks, blogs, magazines, and newspapers are searched and aggregated through its dashboard. Content is syndicated in real-time, curated, and published via branded hubs embeddable in websites. Metrics are tracked across key performance indicators, with automated weekly reports delivered to users.
Who are the top competitors of Pressly?
Who are Pressly's investors?
Pressly has 4 investors. Key investors include Alida, Gibraltar Business Capital, Inovia Capital, and OMERS Ventures.