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- NewsBreak
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2021 | Series C | $1.1B |
| Sep 2016 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2021 | Series C | Francisco Partners (lead) | $115M | $1.1B | NewsBreak 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 2019 | Series B | - | $11M | - | - |
| May 2017 | Series B | - | $8M | - | No sufficient financial data was located for the November 2017 NewsBreak funding round to produce a comprehensive deal summary. |
| Sep 2016 | Series A | - | $4M | $29M | NewsBreak 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 2015 | Series 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 NewsBreak investors. Start Free Trial | ||||
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Start Free TrialNewsBreak Competitors
NewsBreak competitors include listed companies like RUM Group and Kakao, and private ones like mobli, OneFootball, Kuaikan Manhua and RIDI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | $50M | - | $1.3B | 25.0x | ||
| Private | $157M | - | $1.3B | 8.3x | ||
| Publicly listed | $101M | ($78M) | $3.6B | 19.4x | ||
| Publicly listed | $5.9B | $1.1B | $11B | 0.9x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $261M | $27M | 4.3x | 3.8x | 42.0x | 22.6x | |||
| $1.6B | ($122M) | 1.9x | 0.5x | (25.2x) | 23.6x | |||
| $4.1B | $2B | 0.6x | 0.7x | 1.3x | 104.4x | |||
| $216M | $73M | 4.7x | - | 14.0x | - | |||
| $1.9B | $121M | 0.5x | 0.5x | 8.4x | 4.5x | |||
| $100M | $36M | 9.7x | 8.6x | 26.8x | 24.6x | |||
| $582M | $22M | 2.0x | 1.9x | 54.7x | - | |||
| $11B | $75M | 0.0x | - | 4.9x | - | |||
This data is available for Pro users. Sign up to see all NewsBreak competitors and their valuation data. Start Free Trial | ||||||||
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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