Fundraising Fox
NewsCatcher
YC S22Kyiv, UA · Founded 2021 · 22 employees · Hiring · 5 known investors
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NewsCatcher API provides news search and monitoring tools designed for programmatic access to news content, including regional press, trade publications, and regulatory filings that standard search engines miss.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSArtificial IntelligenceEnterpriseBig DataUkraineEuropeFully Remote
Founders & leadership· Y Combinator alumni (S22)
NewsCatcher was founded in 2021 by Artem Bugara and Maksym Sugonyaka.
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Artem BugaraCEO & Co-FounderHe previously led a data engineering team at a major insurance underwriter focused on aviation, energy, and space sectors, and holds an econometrics degree from Toulouse School of Economics.
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Maksym SugonyakaCTO & Co-FounderHe holds a Master's degree in Data Science and Finance from Paris Sorbonne and has worked as a data engineer.
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Nastia RiabovilCOO
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Polina AliievaHiring
Investors · 5
TinySeed✓ confirmed by NewsCatcherMinneapolis · $120K – $220K
How we know: the company's own site · Y Combinator's founder network · Not right? Tell us
Y Combinator✓ confirmed by NewsCatcherSan Francisco · $500K
How we know: the company's own site · the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us
Kima Ventureslisted by Kima VenturesParis · $50K – $5M
How we know: Y Combinator's founder network · Not right? Tell us
Coyote VenturesreportedSan Francisco
How we know: Y Combinator's founder network · Not right? Tell us
Crystal Towers CapitalreportedMountain View
How we know: Y Combinator's founder network · Not right? Tell us
The YC application· Summer 2022 batch
Alumni Q&A
- How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
- Founders Artem and Maksym, childhood friends and university classmates who both worked as data engineers, started NewsCatcher in February 2020. They launched a beta in April 2020 using AWS credits from YC Startup School, released a V1 on RapidAPI in June 2020, and gained early sign-ups after a Python package they built spread on Reddit. They joined TinySeed in early 2021 at $3,000 MRR, grew to $25,000 MRR within a year, and were accepted into YC in May 2022 with $300,000 ARR, reaching $450,000 ARR by Demo Day. Artem temporarily left to support the Armed Forces of Ukraine during this period.
- How did you decide to apply to Y Combinator? What was your experience applying, going through the batch, and fundraising at demo day?
- In early 2021 the founders applied to TinySeed, Alchemist Accelerator, and YC for a third time at $3,000 MRR, accepting TinySeed. After hiring three team members and growing to $25,000 MRR, they reapplied to YC and were accepted in May 2022 at roughly $300,000 ARR, reaching $450,000 ARR by Demo Day. After the batch, Artem raised funding over two days from Uncommon Capital, led by Jamie Quint, along with support from YC alumni.
- What's the history of your company from getting started until the present day? What were the big inflection points?
- NewsCatcher was founded in February 2020 by two data engineers, launched a beta in April and a V1 on RapidAPI in June 2020 with its first paying customers. It joined TinySeed in early 2021, was accepted into YC in May 2022, reached $1.13 million ARR in 2023, and set a 2024 target of $3.7 million ARR while hiring its first account executives.
- What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
- The founders, both data engineers, built NewsCatcher to provide programmatic access to real-time news data that is otherwise difficult to gather manually for uses such as market analysis and trend tracking. They report aggregating news from over 70,000 sources.
Summarized from the founders' answers on their Y Combinator profile.
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Companies working in the same space as NewsCatcher.
Legal entities · 1
corporate structureNewsCatcher, Inc.
In the news
Frequently asked questions
- What does NewsCatcher do?
- NewsCatcher API provides news search and monitoring tools designed for programmatic access to news content, including regional press, trade publications, and regulatory filings that standard search engines miss.
- Who founded NewsCatcher?
- NewsCatcher was founded by Artem Bugara, Maksym Sugonyaka in 2021.
- Who are NewsCatcher's investors?
- NewsCatcher's investors include TinySeed, Y Combinator, Kima Ventures, Coyote Ventures, Crystal Towers Capital.
- Where is NewsCatcher headquartered?
- NewsCatcher is headquartered in Kyiv, UA.