SmartNews

Valuation $2B

About SmartNews

SmartNews is a news app that helps users find quality news beyond the filter bubble.
Headquarters SmartNews, Tokyo
Founded 2012-06-15
Industry Apps, Artificial Intelligence (AI), Journalism, Media and Entertainment, Mobile, News
Last Funding Type Series F
Valuation 2
Total Funding $410.29 million dollars
IPO Status Private

Financial

SmartNews, Inc. is focusing on enhancing user experience in news consumption through innovative interfaces and predictive technologies. They are developing an information processing apparatus that predicts events and informs users of the time until these events occur. Additionally, they are working on methods for users to easily select live camera images on maps, likely to provide real-time visual news content. A user interface with an interactive slider is also being created to enable content selection related to specific topics, streamlining the process of finding related news articles.

In 2023, SmartNews faced significant challenges, including widespread layoffs in January and a leadership change involving a co-founder by year's end.
Funding Rounds 6
Number of Lead Investors 6
Total Funding Amount  $410.29 million dollars
Number of Investors 21

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