substack.comConsumer & Lifestyle / MediaFounded: 2017Funding to Date: $251.25MM
Developer of a subscription-based publishing platform intended to generate money from newsletter subscriptions. The company provides a platform on which writers can publish paid email newsletters and keep most of the revenue, enabling writers, bloggers, thinkers, and creatives to start an email newsletter, publish and earn money directly from their subscription product.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/12/2024 | Series B | $78.29MM | $xx.xx | $664.37MM | Andreessen Horowitz, Fifty Years, Audrey Gelman, Omeed Malik, Naval Ravikant, Nate Silver, Mark Pincus, Haroon Mokhtarzada | |
Price per Share
$xx.xx
Shares Outstanding
2,978,202
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Audrey Gelman, Omeed Malik, Naval Ravikant, Nate Silver, Mark Pincus, Haroon Mokhtarzada
|
||||||
07/16/2019 | Series A-6 | $70,501 | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
789,495
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|
||||||
07/16/2019 | Series A-5 | $49,999 | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
207,468
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|
||||||
07/16/2019 | Series A-4 | $824,996 | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,027,137
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|
||||||
07/16/2019 | Series A-3 | $249,997 | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
259,387
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|
||||||
07/16/2019 | Series A-2 | $1MM | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
832,083
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|
||||||
07/16/2019 | Series A-1 | $15.45MM | $xx.xx | $54.46MM | Andreessen Horowitz, Fifty Years, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
5,296,751
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Fifty Years, Y Combinator
|