Newsela (NEWS.PVT)
Forge Price is a derived data point that reflects the up-to-date price performance of venture-backed, late-stage companies. Forge Price is calculated by Forge Data based on a proprietary model incorporating pricing inputs from publicly-available primary funding round information, secondary market transactions and indications of interest on Forge and other private market trading platforms. Forge Price is not a quotation, and does not indicate available supply or demand, is solely for informational purposes, and may rely on limited data.
Learn more- Estimated Valuation 276.77M
- Latest Funding Date Feb 25, 2021
- Total Amount Raised 188.97M
- Latest Amount Raised 100M
- Total Funding Rounds 6
- Latest Share Class Series D
Newsela: Learn More
Interested in exploring private markets? Connect with our partners.
Since 2013, EquityZen, a subsidiary of Morgan Stanley, has welcomed investors to private markets. Whether investing $5K or $5M, clients trust us with billions of dollars to access the most sought-after, innovative private companies.
Learn more at EquityZen
Forge, a subsidiary of The Charles Schwab Corporation (SCHW), is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market.
Learn more at ForgeNewsela Overview
Newsela is an Instructional Content Platform that combines content with integrated formative assessments and insights into every subject. Students and teachers use Newsela to find digital content from hundreds of sources. Content is institutionalized to meet students where they are, with interactive tools and analytics. Newsela claims that 90% of US schools use its product including 25 million students and over 2.5 million teachers.Newsela was founded in 2012 and is headquartered in New York, New York. Notable investors in Newsela include Kleiner Perkins, Franklin Templeton, and Tao Capital Partners.
2012-10-01
Founded
101
Full Time Employees
Education
Sector
E-Learning, EdTech, Education
Industry
Leadership and Board
Pep Carrera
Chief Executive Officer
Severine Armand Vieux
Chief Financial Officer
Recent News
Valuation Information
Funding Rounds
Forge Data collects the preferred stock details for companies from the Certificates of Incorporation and related documents filed with relevant state's agencies. These documents authorize the various equity types available for companies to sell in primary funding rounds.
Post-Money Valuation
May
2014
Dec
2015
Jul
2017
Feb
2019
Sep
2020
| Funding Date
|
Share Class
|
Amount Raised
|
Issue Price
|
Post-Money Valuation
|
|---|---|---|---|---|
|
2021-02-25
|
Series D | 100M | 21.16 | 1.08B |
|
2019-03-13
|
Series C | 54.26M | 4.98 | 225.58M |
|
2017-03-31
|
Series B-2 | 13.5M | 2.9 | 85.76M |
|
2015-10-06
|
Series B | 14.65M | 2.9 | 67.34M |
|
2014-09-12
|
Series A | 5.38M | 1 | 21.87M |
|
2013-10-09
|
Series A-1 | 1.18M | 1 | 5.89M |
