# News Deeply

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

- Industry: Media
- Headquarters: New York, US
- Website: www.newsdeeply.com
- Total disclosed funding: $7.5M
- Latest round: Seed (Jul 18, 2017)
- Investors on record: 13

## About

News Deeply, Inc. is a digital platform dedicated to providing in-depth journalism and reporting on critical humanitarian issues, offering valuable insights and data to stakeholders involved in humanitarian efforts.Founded in 2012 and headquartered in New York, US, News Deeply, Inc. focuses on delivering specialized journalism on humanitarian concerns. The company has engaged in three deals, with the latest being a Seed round in July 2017, raising USD 5.02 mn. The co-founders include Ben P., Jonathon Martin, and the current CEO is Ebele Okobi.Deeply Humanitarian operates as a digital platform focused on delivering in-depth journalism and reporting on critical humanitarian issues. The company’s core offerings consist of a comprehensive archive of approximately 5,000 articles previously published by News Deeply, covering a range of topics such as refugee crises, disease outbreaks like Ebola, and various peacebuilding initiatives. This content is designed to inform a diverse audience, including policymakers, practitioners, and donors who are engaged in humanitarian efforts. The platform aims to provide accessible and reliable information that supports decision-making processes and enhances accountability for those affected by global crises. The services are primarily available in North America, Europe, and parts of Africa and Asia, targeting stakeholders who are actively involved in humanitarian relief and development.Deeply Humanitarian generates revenue through a membership model that encourages individual and organizational support for its journalism. Clients, including foundations, NGOs, and other humanitarian organizations, can engage with the platform through subscription services that grant access to exclusive content and reporting. The financial structure is based on direct partnerships, where revenues are derived from memberships and donations rather than traditional retail sales. This model allows the organization to maintain independence and focus on providing high-quality, issue-driven journalism without commercial advertising pressures. The revenue generated supports the ongoing production of investigative reporting and helps the organization fulfill its mission of promoting transparency and accountability in humanitarian responses.Following the Seed funding round in July 2017, where News Deeply, Inc. raised USD 5.02 mn, the company aims to enhance its offerings by launching new products, although specific details on upcoming releases have not been disclosed. The funds will support the expansion of their digital platform to reach new markets in Europe and Africa with plans to increase engagement with humanitarian organizations and stakeholders by 2025. Additionally, the investment will help enhance their reporting capabilities and broaden their audience base.

## Funding rounds

- Seed, Jul 18, 2017, $5M — Wavemaker Partners, Granatus Ventures, Wamda Capital, Fresco Capital, Hivos, Wayra Chile
- Seed, Mar 21, 2016, $2.5M — Wavemaker Partners, Social Capital, Omidyar Network, Graph Ventures, Granatus Ventures, Fresco Capital, North Base Media, Matter, Hivos, HIVE Ventures, Good Capital
- Seed, May 21, 2014 — HIVE Ventures

## Investors

- HIVE Ventures — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- Granatus Ventures (https://capitalatlas.ai/funds/granatus-ventures) — Seed
- Fresco Capital — Seed
- North Base Media (https://capitalatlas.ai/funds/north-base-media) — Seed
- Matter (https://capitalatlas.ai/funds/matter) — Seed
- Hivos — Seed
- Good Capital — Seed
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Seed
- Wayra Chile — Seed