About Topix
Topix is a company based in Palo Alto (United States) founded in 2002 by Rich Skrenta, Bob Truel, and Tom Markson was acquired by Publishers Clearing House in September 2019.. Topix has raised $15 million across 2 funding rounds from investors including Tribune Media, Gannett and McClatchy. The company has 34 employees as of December 31, 2022. Topix offers products and services including Promotions Platform. Topix operates in a competitive market with competitors including Toutiao, News Break, DailyHunt, VerSe and Gunosy, among others.
- Headquarter Palo Alto, United States
- Employees 34 as on 31 Dec, 2022
- Founders Rich Skrenta, Bob Truel, Tom Markson
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Topix, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15 M (USD)
in 2 rounds
-
Latest Funding Round
$15 M (USD), Series B
Nov 06, 2006
-
Investors
Tribune Media
& 3 more
-
Employee Count
34
as on Dec 31, 2022
-
Acquired by
Publishers Clearing House
(Sep 23, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Topix
Topix offers a comprehensive portfolio of products and services, including Promotions Platform. 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.
Platform for entering promotions and giveaways with geographic checks
Unlock access to complete
Funding Insights of Topix
Topix has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in November 2006. 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 B — $15.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2006 | Amount | Series B - Topix | Valuation |
investors |
|
| May, 2005 | Amount | Series A - Topix | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Topix
Topix has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Tribune Media, Gannett and McClatchy. 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 |
|---|---|---|---|---|
|
News and information are published internationally by Gannett.
|
Founded Year | Domain | Location | |
|
TV programs are distributed and broadcast by Tribune Media.
|
Founded Year | Domain | Location | |
|
Provider of local news and information services
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Topix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Topix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Topix Comparisons
Competitors of Topix
Topix 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 Toutiao, News Break, DailyHunt, VerSe and Gunosy, 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 |
Personalized news aggregator app
|
|
| domain | founded_year | HQ Location |
Multi-category news is aggregated online by News Break.
|
|
| domain | founded_year | HQ Location |
Multi-category news is curated and delivered in multiple languages.
|
|
| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
|
|
| domain | founded_year | HQ Location |
Gunosy is a Japanese-based social media news aggregator
|
|
| domain | founded_year | HQ Location |
Personalized news stories are discovered via machine learning algorithms.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Topix
When was Topix founded?
Topix was founded in 2002 and raised its 1st funding round 3 years after it was founded.
Where is Topix located?
Topix is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Topix a funded company?
Topix is a funded company, having raised a total of $15M across 2 funding rounds to date.
How many employees does Topix have?
As of Dec 31, 2022, the latest employee count at Topix is 34.
What does Topix do?
Topix was founded in 2002 in Palo Alto, United States, as a platform in the news aggregation sector. News from 74,000 sources is connected to over 450,000 user-generated forums, fostering discussions on local and relevant topics. Partnerships with major media companies are maintained to expand online audiences through integrated forums and RSS feeds, supporting community engagement across the platform.
Who are the top competitors of Topix?
Topix's top competitors include DailyHunt, Toutiao and News Break.
What products or services does Topix offer?
Topix offers Promotions Platform.
Who are Topix's investors?
Topix has 4 investors. Key investors include Tribune Media, Gannett, McClatchy, and Publishers Clearing House.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.