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Newsela

Newsela

Newsela is an Instructional Content Platform.

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Newsela is a platform that uses digital content to enhance reading skills and learning. In March 2019 it raised a $50 million Series C from Technology Crossover Ventures.

Newsela rewrites news articles, historical speeches, and scientific papers for students at different reading levels so the content is simpler to understand and easier to read. It partners with publications like National Geographic and the Washington Post and has built a software app to help students engage with the content.

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Further Resources

Title
Author
Link
Type
Date

He wanted to help kids learn. Now, his startup serves 90% of schools

https://money.cnn.com/2018/06/15/technology/startups/matthew-gross-newsela-ceo/index.html

June 15, 2018

References

newsela.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Literacy
Literacy
Technology
Technology
Educational Technology
Educational Technology
Education
Education
Content (media)
Content (media)
Social network
Social network
Location
New York City
New York City
New York
New York
United States
United States
B2X
B2B
B2B
Founder
Dan Cogan-Drew
Dan Cogan-Drew
Matthew Gross
Matthew Gross
AngelList URL
angel.co/newsela
Pitchbook URL
pitchbook.com/profiles.../58756-69
Legal Name
Newsela Inc.
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 28 - Kaplan 2013
Date Incorporated
2013
Number of Employees (Ranges)
201 – 500
Full Address
620 8th ave Fl 21 New York NY 10018
CIK Number
1,588,763
Investors
Women's Venture Capital Fund
Women's Venture Capital Fund
Kaplan Ventures
Kaplan Ventures
TCV
TCV
‌
Cambridge Information Group
Techstars
Techstars
Chan Zuckerberg Initiative
Chan Zuckerberg Initiative
Reach Capital
Reach Capital
NewSchools Venture Fund
NewSchools Venture Fund
...
Founded Date
2013
Email Address
info@newsela.com
shohini@newsela.com
Phone Number
+18557110118
+16464503322
Total Funding Amount (USD)
172,200,000
Latest Funding Round Date
February 25, 2021
Latest Funding Type
Series D round
Series D round
Wellfound ID
newsela
Headquarters
United States
United States

Other attributes

Blog
blog.newsela.com
Company Operating Status
Active
Postmoney Valuation
1,000,000,000
Latest Funding Round Amount (USD)
100,000,000

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