Newsela

OverviewSuggest Edit

Newsela is an education technology company providing daily news articles that are extracted from national and regional newspapers. It offers an Instructional Content Platform that combines engaging, leveled content with integrated formative assessments and insights to supercharge engagement and learning in every subject.

TypePrivate
Founded2012
HQNew York, NY, USMap
Websitenewsela.com
Employee Ratings4More
Overall CultureA+More
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Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2021)454(+5%)
Cybersecurity ratingBMore

Key People/Management at Newsela

Dan Cogan-Drew

Dan Cogan-Drew

Co-Founder and Chief Academic Officer
Jennifer Coogan

Jennifer Coogan

Chief Content Officer and West Coast Office Head
Eric Bacolas

Eric Bacolas

Chief People Officer
Matthew Gross

Matthew Gross

Founder and Chief Executive Officer
Chris Mezzatesta

Chris Mezzatesta

Chief Customer Officer
Adriel Sanchez

Adriel Sanchez

Chief Marketing Officer
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Newsela Office Locations

Newsela has offices in New York and Mountain View
New York, NY, US (HQ)
475 10th Ave 4th floor
Mountain View, CA, US
Mountain View, CA, USA
New York, NY, US
New York Times Bldg, 620 8th Ave 21st Floor
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Newsela Financials and Metrics

Summary Metrics

Founding Date

2012

Newsela total Funding

$172.2 m

Newsela latest funding size

$100 m

Time since last funding

8 days ago

Newsela investors

Kleiner Perkins, Kapor Capital, LP, Women's Venture Capital Fund, Owl Ventures, Tao Capital Partners, Reach Capital, Zuckerberg Education Ventures, Chan Zuckerberg Initiative, TCV, Franklin Templeton, Owl Ventures, LP
Newsela's latest funding round in February 2021 was reported to be $100 m. In total, Newsela has raised $172.2 m. Newsela's latest valuation is reported to be $1 b.
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Newsela Revenue

Market valuation

1.0b
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Newsela Operating Metrics

Mar, 2019

Sources

100

Students

20 m

Teachers

1.80 m
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Newsela Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Newsela Online and Social Media Presence

Newsela's Trends

Embed Graph

Newsela Company Culture

  • Overall Culture

    A+

    88/100

  • CEO Rating

    A+

    83/100

  • Compensation

    A-

    82/100

  • Diversity

    A

    87/100

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Newsela News and Updates

February 25, 2021

Newsela, the replacement for textbooks, raises $100M and becomes a unicorn

Newsela, a SaaS platform for K-12 instructional material backed by the likes of TCV, Kleiner Perkins, Reach Capital and Owl Ventures, announced today that it has raised $100 million in a Series D round. The financing was led by new investor Franklin Templeton, and brings Newsela’s valuation to $1 bi…
March 13, 2019

Newsela raises $50M to expand a content repository for K-12 learning that replaces traditional textbooks

As schools continue to look for new ways to cut costs while at the same time reboot their curriculum to better tap new innovations and improve understandings of how children learn, e-learning startups are attracting attention, both from educators and the VCs that fund them to fuel growth. In the lat…
March 13, 2019

Newsela Secures $50 Million Series C from TCV for Growth and Expanded Content

NEW YORK, March 13, 2019 /PRNewswire/ -- Leading instructional content platform, Newsela, announced today a $50 million C investment from growth equity firm TCV, who has a history of backing successful content platforms, including Netflix and Spotify. Newsela will use these funds to...
April 22, 2018

Empathy technologies like VR, AR, and social media can transform education

Jennifer Carolan Contributor Jennifer Carolan is a general partner and co-founder of Reach Capital. More posts by this contributor Why VR matters, especially in rural schools In The Better Angels of Our Nature, Harvard psychologist Steven Pinker makes the case for reading as a “technology for perspe…
October 19, 2017

Owl Ventures raises $185 mln for second fund

Owl Ventures has closed its second fund at $185 million. The fund will invest in educational technology startups.

 Newsela Frequently Asked Questions

  • When was Newsela founded?

    Newsela was founded in 2012.

  • Who are Newsela key executives?

    Newsela's key executives are Dan Cogan-Drew, Jennifer Coogan and Eric Bacolas.

  • How many employees does Newsela have?

    Newsela has 454 employees.

  • Who are Newsela competitors?

    Competitors of Newsela include EdSurge, Rosetta Stone and ThinkCERCA.

  • Where is Newsela headquarters?

    Newsela headquarters is located at 475 10th Ave 4th floor, New York.

  • Where are Newsela offices?

    Newsela has offices in New York and Mountain View.

  • How many offices does Newsela have?

    Newsela has 3 offices.