Latest round

Series D

Last raised

Feb 2021

Total raised

$170M

Investors

14

About Newsela

Founded in 2013, and based in New York, US, Newsela, Inc. doing business as to develops a website for schools to utilize for nonfiction literacy and current events. It offers daily news pieces from newspapers at reading levels appropriate for the pupils. Matthew Gross and Dan Cogan-Drew co-founded the company. The company's line of services includes; Training and Support, Implementation Tips, and NCE (Newsela Certified Educator) Program. Newsela, Inc. also provides a mobile application that delivers written news to readers in K-12 classrooms. In 2020, Newsela's annual recurring revenue grew 81% over 2019. Newsela, Inc. plans to use the funds to expand operations and its business reach.

Who invested in Newsela

14 investors across 5 rounds

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Funding rounds

  1. Series D

    Feb 5, 2021

    Amount

    $100M

    Investors

    Locked

  2. Series C

    Mar 13, 2019

    Amount

    $50M

    Investors

    Locked

  3. Series B

    May 27, 2015

    Amount

    $15M

    Investors

    Locked

  4. Series A

    Sep 12, 2014

    Amount

    $4.1M

    Investors

    Locked

  5. Seed

    Oct 9, 2013

    Amount

    $1.2M

    Investors

    Locked

Questions about Newsela

Who invested in Newsela?

Newsela has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Newsela raised?

Newsela has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Newsela last raise money?

Newsela's most recent round on record is a Series D, in Feb 2021.

What does Newsela do?

Founded in 2013, and based in New York, US, Newsela, Inc.

Where is Newsela headquartered?

Newsela is headquartered in New York, US.

Which VCs invest in companies like Newsela?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Newsela's stage. Their profiles are linked below.

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