The round was led by NEA and participating investors including Sapphire Sport. The company had previously raised $12.5M in a Series A fundraise last June, led by Lightspeed Venture Partners, who also participated in the Series B.

beehiiv is an email newsletter platform enhancing audience engagement, growth, and monetization. It was started by the early Morning Brew team, and is currently being utilized by thousands of the top newsletters in the world. While the company is headquartered in New York, it is built and supported by an entirely remote and global workforce.