About PressReader
PressReader is a company based in Richmond (Canada) founded in 1999. PressReader has raised $8.5 million across 2 funding rounds from investors including European Union. PressReader has completed 1 acquisition, including News360. PressReader operates in a competitive market with competitors including Magzter, w2news, PaperBoy, S Lime and e-Kiosk, among others.
- Headquarter Richmond, Canada
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.5 M (USD)
in 2 rounds
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Latest Funding Round
$32.28 K (USD), Grant
Aug 25, 2016
- Investors
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Employee Count
Not available
- Investments & Acquisitions
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People of PressReader
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Software Development Team
32 people
Sales and Marketing
15 people
Leadership Team
11 people
Product Management Team
7 people
Senior Team
4 people
Manager Team
4 people
Human Resources and Administration
4 people
Account Team
4 people
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Funding Insights of PressReader
PressReader has successfully raised a total of $8.5M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $32.28 thousand completed in August 2016. 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.
Investors in PressReader
PressReader has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for PressReader
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PressReader
PressReader has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include News360.
Investment portfolio details for PressReader
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Personalized news feeds are generated from user behavior analysis.
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Complete acquisition details for PressReader
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - PressReader
Detailed financials for PressReader
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Pressreader Comparisons
Peer comparison for PressReader
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of PressReader
PressReader 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 Magzter, w2news, PaperBoy, S Lime and e-Kiosk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital magazines and newspapers are distributed via an online platform.
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Aggregates newspapers and magazines in a digital app format.
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Serves as a digital newsstand for newspapers and magazines.
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App for reading latest newspapers and magazines on Samsung smartphones.
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Digital subscriptions for newspapers, magazines, and e-books are aggregated.
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Detailed competitors of PressReader
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Pressreader
Complete news archive for PressReader
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PressReader
PressReader was founded in 1999 and raised its 1st funding round 6 years after it was founded.
PressReader is headquartered in Richmond, Canada. It is registered at Richmond, British Columbia, Canada.
PressReader is a funded company, having raised a total of $8.5M across 2 funding rounds to date.
PressReader was founded in 1999 in Richmond, Canada, and operates in the digital media sector as an aggregator of full-content newspapers and magazines. Access to over 2,300 publications from nearly 100 countries is provided through smartphone apps and web platforms. Titles such as the Chicago Tribune, The Guardian, and Le Monde are included, with options for per-issue purchases at 0.99 or subscriptions via the associated site.
PressReader has made 1 acquisition, including News360.
PressReader has 1 investor. Key investors include European Union.