About Newsela
Newsela is an Ed-tech startup that takes content from trusted providers and turns it into learning materials.
Headquarters
Newsela, New York
Founded
2013-01-01
Industry
E-Learning, EdTech, Education
Last Funding Type
Series D
Valuation
2
Total Funding
$172.16 million dollars
IPO Status
Private
Financial
Newsela may be growing as it has been actively introducing new products and expanding its educational content offerings. The launch of Newsela PE indicates an expansion into physical education resources, diversifying their product range. Additionally, the company has been creating specialized content for various occasions such as Presidents' Day, Cinco de Mayo, and World Wildlife Conservation Day, which suggests an ongoing effort to enhance and broaden their educational materials. Being listed among the '64 Top Edtech Companies To Know in 2024' also implies recognition within the industry and potential growth in its market presence.
Funding Rounds
6
Number of Lead Investors
6
Total Funding Amount
$172.16 million dollars
Number of Investors
24