NewsBreak Valuation, Funding & Investors

NewsBreak is valued at $1.1B as of January 2021.

Last NewsBreak valuation

$1.1B

Series C · Jan 2021

Last NewsBreak funding round

$115M

Series C · Jan 2021

Cumulative funding NewsBreak raised

$148M

across 5 funding rounds

Key investors in NewsBreak

  • Francisco Partners

NewsBreak Overview

About NewsBreak

NewsBreak is a Mountain View-headquartered app delivering hyper-local news from 10,000 U.S. sources to 40 million users. Founded in 2015 by former Baidu engineers, it achieved unicorn valuation in 2021 with $115 million Series C funding. The platform monetizes through publisher tools and local ad campaigns, expanding to 500 cities.


Founded

2015

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2C

Revenue model

Advertising

Valuation

$1.1B (Jan 2021)

NewsBreak Valuation

NewsBreak is currently valued at $1.1B, based on its Series C in January 2021.

The $115M round was led by Francisco Partners.

NewsBreak's valuation has grown 38x from $29M at its Series A in September 2016 to $1.1B in January 2021, across 2 priced rounds.

NewsBreak valuation by funding round

NewsBreak valuation by funding round
DateStageValuation
Jan 2021Series C$1.1B
Sep 2016Series A$29M

NewsBreak Funding History

NewsBreak has raised a total of $148M across 5 funding rounds.

NewsBreak's first fundraising round was a $10M Series A in May 2015. The most recent completed round was a $115M Series C in January 2021.

NewsBreak funding rounds

NewsBreak funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2021Series CFrancisco Partners (lead)$115M$1.1BNewsBreak is the nation's No. 1 intelligent local news app, focusing on delivering personalized local news and information through AI-driven aggregation, transforming how local content is published and shared to connect communities around neighborhood stories. Launched in 2015 with iOS and Android apps in 2016, it differentiates from other news apps by emphasizing hyperlocal content amid challenges in traditional local media supply. By early 2021, it achieved top rankings in the News category on Apple’s U.S. App Store and Google Play, with 12 million daily active users showing over three times year-over-year growth and a total of more than 30 million app users trusting it for breaking neighborhood news. On January 7, 2021, NewsBreak announced it closed a $115 million Series C funding round led by Francisco Partners, which gained a board seat, with participation from prior investor IDG Capital. Francisco Partners, a firm with over $24 billion raised and 300+ tech investments, highlighted NewsBreak's machine learning innovations and local news successes. CEO Jeff Zheng, with advisor Jerry Yang (Yahoo co-founder) and chairman Harry Shum (ex-Microsoft AI EVP), plans to use proceeds for U.S. and international expansion into the local-content ecosystem, adjacent verticals beyond news, talent growth, and user acquisition to broaden its mission to everything local. The investment supports scaling amid strong user demand for local news despite diminishing traditional publishers, positioning NewsBreak to empower local creators and sustain its leadership in AI-targeted local media.
Sep 2019Series B-$11M--
May 2017Series B-$8M-No sufficient financial data was located for the November 2017 NewsBreak funding round to produce a comprehensive deal summary.
Sep 2016Series A-$4M$29MNewsBreak raised funding in a Series A-3 round on September 3, 2016, amounting to $4 million at a post-money valuation of $29.14 million, led by IDG Capital. The company launched its iOS and Android apps that year, focusing on a local news app that aggregates and delivers personalized news content using artificial intelligence. This early-stage round supported the startup's initial growth in the competitive local media space. The 2016 funding fits into NewsBreak's broader trajectory of multiple Series A rounds, including prior tranches in May 2015 totaling around $10 million. IDG Capital emerged as a key backer, continuing involvement in later rounds.
May 2015Series A-$10M-NewsBreak was founded in 2015 as a local news app focused on differentiating from other news aggregation apps by emphasizing local content creators. The company has raised a total of $164.11 million in funding to date.

Who has invested in NewsBreak?

1 investor has backed NewsBreak across its funding rounds, including Francisco Partners.

Lead investors include Francisco Partners.


NewsBreak Investors

Investors in NewsBreak by funding rounds participated
InvestorHQRoundsRoleFirst check

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NewsBreak Competitors

NewsBreak competitors include listed companies like RUM Group and Kakao, and private ones like mobli, OneFootball, Kuaikan Manhua and RIDI.

Public and private companies comparable to NewsBreak
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
mobliIsraelTel AvivPrivate--$1B-
OneFootballGermanyBerlinPrivate--$1B-
Kuaikan ManhuaChinaBeijingPrivate$50M-$1.3B25.0x
RIDISouth KoreaSeoulPrivate$157M-$1.3B8.3x
RUM GroupUnited StatesUnited StatesPublicly listed$101M($78M)$3.6B19.4x
KakaoSouth KoreaSouth KoreaPublicly listed$5.9B$1.1B$11B0.9x

NewsBreak Public Comps

NewsBreak is still privately-owned, but its public comps include Trustpilot Group, FuboTV, iQIYI, MNC Digital Entertainment, Taboola, Saregama India, Inmyshow Digital, Shanghai Ganglian, New Guomai Digital and Alma Media.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Trustpilot Group$261M$27M4.3x3.8x42.0x22.6x
FuboTV$1.6B($122M)1.9x0.5x(25.2x)23.6x
iQIYI$4.1B$2B0.6x0.7x1.3x104.4x
MNC Digital Entertainment$216M$73M4.7x-14.0x-
Taboola$1.9B$121M0.5x0.5x8.4x4.5x
Saregama India$100M$36M9.7x8.6x26.8x24.6x
Inmyshow Digital$582M$22M2.0x1.9x54.7x-
Shanghai Ganglian$11B$75M0.0x-4.9x-

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Common questions about NewsBreak

When was NewsBreak founded?NewsBreak was founded in 2015.
Where is NewsBreak headquartered?NewsBreak is headquartered in San Francisco, CA, United States.
Is NewsBreak publicly listed?No, NewsBreak is a private, VC-backed company.
What is NewsBreak's valuation?NewsBreak was last valued at $1.1B in its Series C in January 2021.
How much funding has NewsBreak raised?NewsBreak has raised $148M across 5 funding rounds.
What was NewsBreak's last funding round?NewsBreak's last funding round was a $115M Series C in January 2021, led by Francisco Partners.
Who are NewsBreak's investors?NewsBreak's investors include Francisco Partners.
Which companies are comparable to NewsBreak?Companies comparable to NewsBreak include mobli, OneFootball, Kuaikan Manhua, RIDI, RUM Group and Kakao.

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