NowThis News is a Lerer Ventures startup and portfolio company that has produced over 10,000 original 6, 15, and 30 second news videos for rapidly growing social and mobile audiences. The company was founded by Huffington Post co-founder and former Chairman Kenneth Lerer, and former Huffington Post CEO Eric Hippeau. From studios in New York, Washington DC, NowThis News produces over 50 daily video updates for Facebook, Instagram, Snapchat, Twitter, Vine, YouTube.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
01/13/14 | undisclosed | Strategic | ||
12/08/15 | $16,200,000 | Series D |
Axel Springer NBC News Group Oak Investment Partners | undisclosed |