# Haystack TV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/haystack-tv

- Industry: Internet
- Headquarters: Redwood City, US
- Website: www.haystack.tv
- Total disclosed funding: $1.7M
- Latest round: Seed (Apr 7, 2015)
- Investors on record: 5

## About

Haystack TV Inc. operates Haystack News, a streaming platform providing free access to an extensive range of local and global news channels, enabling users to personalize their news consumption experience.Haystack TV Inc. was founded in 2013 in Redwood City, US, by Daniel Barreto and Ish Harshawat. The company offers a streaming platform that allows users to customize their news feed. In September 2018, Haystack TV raised USD 2 million in funding from investors including Altair Capital, Silicon Valley Links, StartX, and Vestel Ventures. The company has completed three deals to date, with its latest funding round occurring in 2018. Daniel Barreto has previously been involved in other entrepreneurial ventures, contributing to the company's leadership.Haystack News is a streaming platform that offers free access to over 400 local and global news channels, supported by advertisements. Its core feature, 'My Headlines,' enables users to tailor their news feed based on preferred sources, topics, and locations. Launched in 2015, Haystack News meets the demand for high-quality news content without unrelated distractions, catering to users interested in timely information on various subjects like weather and entertainment. The platform is accessible in North America and parts of Europe via mobile devices, smart TVs, streaming devices, and the web.Haystack News generates revenue through an advertising-supported model, allowing users to access its services for free. It also offers a Premium subscription at USD 4.99 per month for an ad-free experience. The platform's revenue structure is designed to attract a broad user base, with approximately 25 million users, effectively monetizing its content through both ad revenue and subscription fees.Following the USD 2 million funding round in September 2018, Haystack TV Inc. plans to invest in developing new features and products aimed at enhancing user engagement and expanding its service offerings. The company is targeting expansion into additional European markets by the end of 2023, as it seeks to leverage its funding to enhance its infrastructure and marketing efforts to reach a wider audience. Haystack TV aims to continue its growth trajectory by improving its platform and increasing its presence in existing and new regions.

## Funding rounds

- Seed, Apr 7, 2015, $1.7M — Inspovation Ventures, Deltagen BioServices, StartX, SGH Capital, Delta G Ventures

## Investors

- Inspovation Ventures (https://capitalatlas.ai/funds/inspovation-ventures) — Seed
- Deltagen BioServices — Seed
- StartX — Seed
- SGH Capital (https://capitalatlas.ai/funds/sgh-capital) — Seed
- Delta G Ventures (https://capitalatlas.ai/funds/delta-g-ventures) — Seed