# Scroll Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scroll-labs

- Industry: Internet
- Headquarters: Brooklyn, US
- Website: www.scroll.com
- Total disclosed funding: $10M
- Latest round: Series A (Oct 25, 2018)
- Investors on record: 11

## About

Scroll Labs, Inc. is a US-based company that specializes in enhancing digital content consumption. It offers a unique subscription service that provides users with access to premium articles and media, ensuring an uninterrupted reading experience.Founded in 2016 and headquartered in Brooklyn, US, Scroll Labs, Inc. focuses on delivering innovative digital solutions for content consumption. The company was acquired by Twitter, Inc. in May 2021, following multiple strategic funding rounds, including a significant Series A round that raised USD 7.00 mn led by Union Square Ventures. The company was established by Sachin Doshi, who has a history of launching other ventures in the media space.Scroll's primary offerings focus on innovative digital solutions designed to enhance content consumption across various platforms. Their core product is a subscription-based service that enables users to access premium articles and media from a range of publishers, promoting a seamless reading experience without ads. This service caters to individual consumers seeking high-quality content, as well as partners in the publishing industry looking to drive readership and engagement. Scroll’s offerings are tailored to address the growing demand for ad-free content consumption, particularly in North America and Europe, where digital media consumption is rapidly increasing.Scroll generates revenue through a subscription model, allowing users to pay a regular fee for access to its content offerings. This predominantly B2C model sees individual consumers subscribing directly to the service for uninterrupted access to an extensive library of premium articles. Partnerships with publishers facilitate revenue-sharing arrangements that benefit both parties, supporting a sustainable revenue stream for Scroll as it expands its market reach and invests in enhancing its product offerings.Following its acquisition by Twitter, Inc. in May 2021, Scroll Labs, Inc. plans to leverage its new ownership to innovate and expand its product offerings. The company aims to enhance its subscription service with new features and improved user interfaces, targeting a release in late 2022. Scroll also plans to explore expansion opportunities into international markets, specifically targeting Europe and Asia, by 2023. Funding from the Series A round will support the development of new products and the marketing efforts required for successful entry into these regions.

## Funding rounds

- Series A, Oct 25, 2018, $7M — Union Square Ventures, Indie Enterprises, The New York Times Company Regional Media Group, Bertelsmann AG, Gannett Co., Inc., Uncork Capital, Founder Collective, Axel Springer Digital Ventures, Samsung NEXT Ventures
- Seed, Nov 15, 2016, $3M — Indie Enterprises, News Corporation, The New York Times Company Regional Media Group, Uncork Capital, Founder Collective, Axel Springer Digital Ventures, LAUNCH

## Investors

- Indie Enterprises (https://capitalatlas.ai/funds/indie-enterprises) — Seed, Series A
- News Corporation — Seed
- The New York Times Company Regional Media Group — Seed, Series A
- Uncork Capital (https://capitalatlas.ai/funds/uncork-capital) — Seed, Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed, Series A
- Axel Springer Digital Ventures (https://capitalatlas.ai/funds/axel-springer-digital-ventures) — Seed, Series A
- LAUNCH (https://capitalatlas.ai/funds/launch) — Seed
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A
- Bertelsmann AG — Series A
- Gannett Co., Inc. — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A