# Sonder News

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.compassnews.co.uk
- Total disclosed funding: $1.6M
- Latest round: Seed (Apr 12, 2018)
- Investors on record: 3

## About

Sonder News Limited operates a digital news aggregation platform, offering users timely access to a wide array of news articles from various sources, enhancing their understanding of current events.Founded in 2015, Sonder News Limited is based in London, UK, and specializes in digital news aggregation. The company has executed 2 deals, with the most recent funding round being a Seed round on April 12, 2018, led by Bloomberg LP, Matter, and other investors, raising a total of USD 1.00 mn. The company does not have any known subsidiaries or parent companies, and it was not formed through a merger or carve-out. Details regarding the founder's history are not available.Compassnews.co.uk offers a range of digital news aggregation services aimed at providing users with timely and comprehensive coverage of current events. Their core product is an online platform that curates news articles from diverse sources, allowing users to access a variety of perspectives on relevant topics. This service primarily targets tech-savvy consumers, including professionals, academics, and casual news readers who seek to stay informed on global and local developments. The platform also includes features such as personalized news feeds and keyword tracking, enhancing the user experience by delivering content tailored to individual preferences. Compassnews.co.uk operates primarily in the United Kingdom and has begun expanding into European markets, focusing on regions with high digital media consumption.Compassnews.co.uk generates revenue primarily through subscription models, partnering with users who opt for premium features that provide enhanced access to news content and exclusive insights. The structure of these transactions typically involves monthly or annual subscription fees, where clients receive tailored news alerts and premium features such as ad-free browsing and offline access. Additionally, the company may engage in partnerships with businesses looking to advertise on the platform, creating a secondary revenue stream through B2B collaborations. These partnerships enable companies to reach a targeted audience of engaged readers interested in specific industries or topics, thereby enhancing the advertising value.Sonder News Limited plans to leverage its recent USD 1.00 mn Seed funding to develop new features for its news aggregation platform and expand its market reach into European regions by the end of 2023. The company aims to introduce additional personalized features and services that cater to specific user preferences, enhancing the overall user experience. The recent funding will support these new product developments and the geographic expansion efforts, ensuring that Sonder News Limited remains competitive in the growing digital news landscape.

## Funding rounds

- Seed, Apr 12, 2018, $1M — Bloomberg LP, Matter, Salica Investments
- Seed, Nov 1, 2016, $0.6M — Salica Investments

## Investors

- Salica Investments (https://capitalatlas.ai/funds/salica-investments) — Seed
- Bloomberg LP — Seed
- Matter (https://capitalatlas.ai/funds/matter) — Seed