Flipboard Revenue, Valuation, Funding & Investors
Flipboard is valued at $800M as of July 2015, a 23.5x multiple on its last reported $34M revenue.
Last Flipboard valuation
$800M
Series D · Jul 2015
Last Flipboard funding round
$25M
Undisclosed stage · Jul 2022
Flipboard revenue
$34M
Series D · Jul 2015
Key investors in Flipboard
Insight Partners
Kleiner Perkins
Goldman Sachs
Index Ventures
Notable Capital
JPMorgan Chase
About Flipboard
Flipboard is a Palo Alto-headquartered social news aggregator curating personalized magazines from RSS feeds, websites, and social media. Founded in 2010, it reaches over 100 million monthly users across iOS, Android, and web platforms. Users follow topics like technology and sports, compiling feeds shared via Flipboard communities. The platform partners with publishers including The New York Times and BBC, distributing millions of articles daily.
Founded
2010
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Advertising
Revenue
$34M (Jul 2015)
Valuation
$800M (Jul 2015)
Flipboard Valuation
Flipboard is currently valued at $800M, based on its Series D in July 2015.
The $50M round was led by JPMorgan Chase.
Flipboard's valuation has moved from $800M at its Series C in September 2013 to $800M in July 2015, across 3 priced rounds.
Flipboard valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2015 | Series D | $800M | 23.5x |
| Dec 2013 | Series C | $800M | - |
| Sep 2013 | Series C | $800M | - |
Flipboard Revenue
Flipboard's latest recorded revenue is $34M, as of its Series D in July 2015. At a $800M valuation, that implies a 23.5x revenue multiple.
Flipboard revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2015 | $34M | $800M | 23.5x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Flipboard Funding History
Flipboard has raised a total of $175M across 4 funding rounds.
Flipboard's first fundraising round was a $50M Series C in September 2013. The most recent completed round was a $25M undisclosed-stage round in July 2022.
Flipboard funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2022 | Undisclosed stage | - | $25M | - | Flipboard, a news aggregator and social network aggregation company founded in 2010 by Mike McCue, develops a magazine-format application that aggregates content from social media, news feeds, photo sharing sites, and other sources, allowing users to flip through articles, images, and videos. The company, based in Palo Alto with offices in New York, Vancouver, and Beijing, raised a total of approximately $235.51M over 7 funding rounds from 20 investors including Kleiner Perkins, Insight Partners, Index Ventures, Goldman Sachs, and J.P. Morgan Chase. Its latest funding was an Unattributed VC round of $25.01M on July 1, 2022, led by Kleiner Perkins, with no disclosed valuation, revenue, or other financial metrics. Earlier rounds included a Series C in December 2013 with a reported valuation of $800M, and additional funding such as $50M from J.P. Morgan Chase in 2015, bringing prior totals to over $200M before the 2022 round. Flipboard has expanded its platform over time, acquiring Zite in 2014 to enhance content filtering and recommendations, launching a web version in 2015, introducing personalization features in 2021 to combat doomscrolling, and integrating with the Fediverse via ActivityPub in 2023 while launching the Surf browser in 2024 supporting AT Protocol and ActivityPub. No sources provide post-money valuation, revenue, ARR, EBITDA, or valuation multiples specifically for the July 2022 round or nearby periods; revenue fields show placeholders like '0 FY undefined' without explicit terms confirming revenue figures. Other platforms list the 2022 round amount and date but omit valuation details, with some showing $0 or N/A for valuation and share price. |
| Jul 2015 | Series D | JPMorgan Chase (lead) | $50M | $800M | Flipboard is a digital content aggregation platform that curates and presents articles from other websites in a personalized magazine format. Founded in 2010, the company had grown to 72 million monthly active users by mid-2015, with users flipping through more than 7 billion pages monthly and creating over 3 million unique magazines on the platform. In July 2015, Flipboard closed a $50 million Series D funding round with JP Morgan Chase as the sole investor, announced on July 23, 2015. The round maintained the company's valuation at approximately $800 million based on the share price of $2.2057 per share, which matched the pricing from its previous Series C round in September 2013. The capital was intended to expand the company's engineering and sales teams and increase investment in infrastructure to support its growing global readership. Prior to this round, Flipboard had raised over $160 million across earlier funding stages, bringing total capital raised to approximately $210 million. The company faced competitive pressure from platform giants like Apple News and had reportedly been in acquisition discussions with Twitter, Google, and Yahoo, though none of these deals materialized. |
| Dec 2013 | Series C | Rizvi Traverse Management (lead); Index Ventures; Kleiner Perkins; Goldman Sachs; Insight Partners; Notable Capital | $50M | $800M | Flipboard is a personalized news curation and content aggregation platform that enables users to create magazine-like feeds of their favorite articles and content. The company allows both individual users and brands to customize and share curated content feeds, offering a premium browsing experience compared to traditional news aggregators and e-commerce sites. In September 2013, Flipboard closed the first tranche of its Series C funding round, raising $50 million led by Rizvi Traverse Management, with participation from existing investors including Goldman Sachs, Kleiner Perkins Caulfield & Byers, Index Ventures, and Insight Venture Partners. The company subsequently raised an additional $50 million to complete the Series C, bringing total Series C proceeds to over $160 million at an $800 million post-money valuation. At the time of the funding, Flipboard had surpassed 100 million users, up from 85 million at the start of the Series C round. The company had recently launched version 2.0 of its product with an enhanced magazine feature in March 2013, and subsequently introduced tools for brands to build catalogs and for users to share custom feeds with friends. Despite strong user growth, management declined to publicly disclose revenue figures. |
| Sep 2013 | Series C | Suhail Rizvi (lead); Kleiner Perkins; Goldman Sachs; Insight Partners | $50M | $800M | Flipboard is a digital magazine platform that curates and displays content from various sources in an elegant magazine-style interface. The company enables users to discover, collect, and create magazines around topics of interest, with over 3 million user-created magazines available on the platform. Users collectively flip through more than 7 billion pages monthly and can curate favorite content into personal magazines. In September 2013, Flipboard closed its Series C financing round, raising $50 million led by Rizvi Traverse Management with participation from Goldman Sachs, Insight Venture Partners, Index Ventures, and Kleiner Perkins Caufield & Byers. The round valued the company at $800 million, slightly below earlier rumors of a $1 billion valuation, and brought total capital raised to more than $160 million. At the time of the Series C close, Flipboard had surpassed 85 million users and was growing by more than 50 percent over the prior six months. The company was focused on attracting premium brand advertisers by positioning its ad inventory as comparable to print media rather than typical mobile app advertising, offering higher-quality content placement and custom brand catalog tools launched in November 2013. Despite strong user growth metrics, Flipboard had not publicly disclosed revenue figures as of the financing announcement, though CEO Mike McCue indicated the company was achieving print-like advertising economics on its platform. |
Who has invested in Flipboard?
8 investors have backed Flipboard across its funding rounds, including Insight Partners, Kleiner Perkins, Goldman Sachs, Index Ventures, Notable Capital and JPMorgan Chase.
Lead investors include JPMorgan Chase, Rizvi Traverse Management and Suhail Rizvi.
Flipboard Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 2 | Participant | Sep 2013 | |
| New York City, NY | 2 | Participant | Sep 2013 | |
| New York City, NY | 2 | Participant | Sep 2013 | |
| United States | 1 | Lead | Dec 2013 | |
 London | 1 | Participant | Dec 2013 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Suhail Rizvi | Birmingham | 1 | Lead | Sep 2013 |
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Start Free TrialAcquisitions by Flipboard
Flipboard has acquired 3 companies to date.
Last acquisition by Flipboard was on August 26th 2026. Flipboard acquired Graze for undisclosed valuation.
Latest Acquisitions by Flipboard
| Description | Graze is a platform for Bluesky users to build custom algorithmic feeds filtering posts by topics, communities, or personal interests. Launched in 2024, it supports hobby-specific streams like indie games or urban cycling alongside group feeds for private circles. Available as a web app, it processes millions of posts to deliver tailored timelines without altering core Bluesky functionality. | Ultravisual is a Brooklyn-based mobile app developer for visual content sharing launched in 2014. The platform enables users to curate and publish photo essays and videos with Technicolor-backed filters, fostering creative communities among photographers and artists in the United States and Europe. | Zite is a personalized content discovery app for iPad, iPhone, and Android devices that curates articles based on user reading habits. Acquired by Flipboard in 2013, it employs algorithms to aggregate news from sources like BBC, CNN, and TechCrunch into customized magazines. Zite tracks preferences across topics such as technology and sports, recommending stories that evolve with interactions for millions of users before integration into Flipboard's platform. |
| HQ Country | | | |
| HQ City | Portland, OR | New York City, NY | San Francisco, CA |
| Deal Date | 26 Aug 2026 | 8 Sep 2014 | 5 Mar 2014 |
| Valuation | undisclosed | undisclosed | $60M |
| EV/Revenue | |||
| EV/EBITDA | |||
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Flipboard Competitors
Flipboard competitors include listed companies like Webtoon, Trump Media & Technology Group and Zhihu, and private ones like Medium, Douguo and Fandom.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $600M | - | |
| United States | Publicly listed | $1.4B | ($373M) | $1.4B | 0.6x | |
 Beijing | Private | - | - | $300M | - | |
| San Francisco, CA | Private | - | - | $284M | - | |
| United States | Publicly listed | $4M | ($723M) | $2.4B | - | |
| China | Publicly listed | $410M | ($34M) | $258M | - |
Flipboard Public Comps
Flipboard is still privately-owned, but its public comps include Yalla Group, Hello Group, Better Collective, USA TODAY, Shanghai Ganglian, VNG Corp., Nextdoor, Taboola, Weathernews and Wirtualna Polska.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $342M | $128M | - | - | - | - | |||
| $1.5B | $215M | - | - | - | - | |||
| $388M | $100M | 2.5x | 2.4x | 9.8x | 7.7x | |||
| $2.3B | $262M | 0.8x | 0.9x | 7.5x | 7.2x | |||
| $11B | $75M | 0.0x | - | 4.9x | - | |||
| $420M | $23M | 1.4x | - | 25.5x | - | |||
| $258M | ($69M) | 2.4x | 2.2x | (8.8x) | 27.8x | |||
| $1.9B | $121M | 0.5x | 0.5x | 8.4x | 4.5x | |||
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Common questions about Flipboard
| When was Flipboard founded? | Flipboard was founded in 2010. |
| Where is Flipboard headquartered? | Flipboard is headquartered in San Francisco, CA, United States. |
| Is Flipboard publicly listed? | No, Flipboard is a private, VC-backed company. |
| What is Flipboard's valuation? | Flipboard was last valued at $800M in its Series D in July 2015. |
| How much funding has Flipboard raised? | Flipboard has raised $175M across 4 funding rounds. |
| What was Flipboard's last funding round? | Flipboard's last funding round was a $25M undisclosed-stage round in July 2022. |
| Who are Flipboard's investors? | Flipboard's investors include Kleiner Perkins, Goldman Sachs, Insight Partners, Rizvi Traverse Management, Index Ventures, Suhail Rizvi, JPMorgan Chase and Notable Capital. |
| What is Flipboard's revenue? | Flipboard's latest recorded revenue is $34M (July 2015). |
| What is Flipboard's revenue multiple? | Flipboard's latest valuation implies a 23.5x revenue multiple ($800M valuation on $34M of revenue). |
| Which companies are comparable to Flipboard? | Companies comparable to Flipboard include Medium, Webtoon, Douguo, Fandom, Trump Media & Technology Group and Zhihu. |
| How many companies has Flipboard acquired? | Flipboard has acquired 3 companies, including Graze, Ultravisual and Zite. |
| What was the largest acquisition by Flipboard? | The $60M acquisition of Zite in March 2014 is the largest acquisition Flipboard has made to date. |
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