# Fresco News

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fresco-news

- Industry: Media
- Headquarters: New York, US
- Website: www.fresconews.com
- Total disclosed funding: $6.3M
- Latest round: Series A (Apr 18, 2017)
- Investors on record: 12

## About

Fresco News Inc. is a digital news platform that specializes in curating articles at the intersection of art, business, and technology, providing reliable and engaging content for a diverse audience.Founded in 2014 in New York, US, Fresco News Inc. operates a digital platform that delivers news content to consumers and businesses. In its funding journey, the company raised a total of USD 5.00 mn through a SERIES A funding round, with notable investors including Liberty Media Corporation, Outbound Ventures, Reshape Holdings, and Social Starts. Fresco News has completed a total of 9 deals to date.FrescoNews primarily focuses on delivering news content that intersects the realms of art, business, and technology. The company's core offering includes a digital platform that provides curated articles, how-to guides, and the latest updates in various sectors, appealing to a diverse audience interested in these fields. The platform serves both individual consumers and businesses, aiming to solve the issue of accessing reliable, timely information in a visually engaging format. FrescoNews has strategically positioned itself to cater to markets in North America, Europe, and parts of Asia, allowing them to serve a global clientele that includes art enthusiasts, tech-savvy individuals, business professionals, and casual readers seeking quality content. The service was launched to meet the growing demand for integrated news solutions that resonate with users’ interests in contemporary issues.FrescoNews generates revenue through a multi-faceted transactional structure that encompasses subscriptions, partnerships, and potentially advertising. The company offers subscription plans tailored for individual users as well as organizations, facilitating direct access to premium content and exclusive insights. Clients can choose from various pricing tiers designed to provide different levels of access to the platform's resources. Partnerships may include collaborations with other media outlets, allowing FrescoNews to expand its reach and influence within the news ecosystem. The focus on flagship offerings, including specially curated articles and specialized guides, enhances the platform's value proposition to customers, solidifying its position in the competitive landscape of digital media.Fresco News Inc. plans to leverage its recent funding of USD 5.00 mn to enhance its product offerings and expand into new markets. The company is currently designing new features aimed at improving user engagement and is targeting further geographic expansion into Asia and Europe by the end of 2025. Additionally, the funding will support partnerships with other media outlets to broaden its distribution channels.

## Funding rounds

- Series A, Apr 18, 2017, $5M — Liberty Media Corporation, Social Starts, Outbound Ventures, Reshape Holdings
- Seed, May 26, 2016 — Redwood Partners, Social Starts, Dawn Patrol Ventures
- Seed, Jun 23, 2015, $1.2M — Wavemaker Partners, Social Starts, Fresco Capital, 1517 Fund, Supernode Ventures, Sandusky Ventures
- Seed, Jan 4, 2015, $0.1M — Rough Draft Ventures

## Investors

- Rough Draft Ventures (https://capitalatlas.ai/funds/rough-draft-ventures) — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed, Series A
- Fresco Capital — Seed
- 1517 Fund (https://capitalatlas.ai/funds/1517-fund) — Seed
- Supernode Ventures (https://capitalatlas.ai/funds/supernode-ventures) — Seed
- Sandusky Ventures (https://capitalatlas.ai/funds/sandusky-ventures) — Seed
- Redwood Partners (https://capitalatlas.ai/funds/redwood-partners) — Seed
- Dawn Patrol Ventures (https://capitalatlas.ai/funds/dawn-patrol-ventures) — Seed
- Liberty Media Corporation — Series A
- Outbound Ventures (https://capitalatlas.ai/funds/outbound-ventures) — Series A
- Reshape Holdings (https://capitalatlas.ai/funds/reshape-holdings) — Series A
