About PRNEWS.IO
PRNEWS.IO is a company based in Tallinn (Estonia) founded in 2005.. PRNEWS.IO has raised $2.36 million across 1 funding round. The company has 18 employees as of September 30, 2024. PRNEWS.IO operates in a competitive market with competitors including Linqia, Talenthouse, Calaxy, SketchDeck and Dable, among others.
- Headquarter Tallinn, Estonia
- Employees 18 as on 30 Sep, 2024
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Prnews Oü
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Annual Revenue
$2.52 M (USD)46as on Dec 31, 2023
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Net Profit
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EBITDA
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Total Equity Funding
$2.36 M (USD)
in 1 rounds
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Latest Funding Round
$2.36 M (USD), Seed
Sep 10, 2020
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Investors
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Employee Count
18
as on Sep 30, 2024
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Funding Insights of PRNEWS.IO
PRNEWS.IO has successfully raised a total of $2.36M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.36 million completed in September 2020. 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 1
- Last Round Seed — $2.4M
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First Round
First Round
(10 Sep 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Seed - PRNEWS.IO | 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 |
Investments & Acquisitions by PRNEWS.IO
| 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 - PRNEWS.IO
| 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 |
Prnews.Io Comparisons
Competitors of PRNEWS.IO
PRNEWS.IO 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 Linqia, Talenthouse, Calaxy, SketchDeck and Dable, 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 |
Brands are connected with influencers on social channels by Linqia.
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| domain | founded_year | HQ Location |
Brands are connected with artists for content creation.
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| domain | founded_year | HQ Location |
Provider of the social marketplace for creators
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| domain | founded_year | HQ Location |
Content creation and design outsourcing for business presentations are facilitated.
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| domain | founded_year | HQ Location |
Personalized news and product discovery services are provided by Dable.
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| domain | founded_year | HQ Location |
Freelance writing services are facilitated through a vetted writers' marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Prnews.Io
Frequently Asked Questions about PRNEWS.IO
When was PRNEWS.IO founded?
PRNEWS.IO was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is PRNEWS.IO located?
PRNEWS.IO is headquartered in Tallinn, Estonia.
Is PRNEWS.IO a funded company?
PRNEWS.IO is a funded company, having raised a total of $2.36M across 1 funding round to date. The company's 1st funding round was a Seed of $2.36M, raised on Sep 10, 2020.
How many employees does PRNEWS.IO have?
As of Sep 30, 2024, the latest employee count at PRNEWS.IO is 18.
What is the annual revenue of PRNEWS.IO?
Annual revenue of PRNEWS.IO is $2.52M as on Dec 31, 2023.
What does PRNEWS.IO do?
PRNEWS.IO was founded in 2005 in Tallinn, Estonia, and operates within the media and public relations sector. An online platform is provided where sponsored content can be accessed and managed. Users are enabled to generate news articles and stories, which are then shared directly with newsrooms. The service supports content creation and distribution processes across digital channels, focusing on structured outreach in the information industry.
Who are the top competitors of PRNEWS.IO?
PRNEWS.IO's top competitors include Calaxy, Scripted and Talenthouse.