Upworthy Lands $8,000,000 Series A Funding

  • Feed Type
  • Date
    9/16/2013
  • Company Name
    Upworthy
  • Mailing Address
    230 W. 41st St 15th Floor New York, NY 10036
  • Company Description
    Upworthy is social media with a mission: to make important stuff as viral as a video of some idiot surfing off his roof. Here’s a piece by The New York Times’ David Carr about our first 100 days.
  • Website
    http://www.upworthy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company is investing heavily in content development, its tech operations and data analytics system, which the team built from scratch as the basis for measuring and creating virality.
  • M&A Terms
  • Venture Investor
    Spark Capital
  • Venture Investor
    Catamount Ventures
  • Venture Investor
    The Knight Foundation
  • Venture Investor
    Undisclosed