Fundraising Fox

Newsela

Techstars '13

New York City, US · Founded 2014 · Delaware corporation · 534 employees on LinkedIn · 6 known investors

Newsela provides educational content and classroom tools for K-12 teachers and students, delivering news articles and learning materials aligned to curriculum standards at multiple reading levels. The platform includes formative assessment and real-time instruction features to support personalized learning and engagement.

Founders & leadership

Newsela was founded in 2014 by Matthew Gross and Dan Cogan-Drew.

MGMatthew Gross
Matthew GrossinCo-founder
DCDan Cogan-Drew
Dan Cogan-DrewinCo-founder
JC
Jennifer CooganExecutive

Board

BBBrook Byers
Brook ByersinBoard directorFounder, Kleiner Perkins
TPTory Patterson
Tory PattersoninBoard MemberCo-founder and Managing Partner at Owl Ventures

Investors · 6

Reported raises · per SEC filings

Form D private placements

$21.4M disclosed across 3 rounds · 2014–2015

$15MraisedOct 2015 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brook ByersDirector
  • Tory PattersonDirector
  • Matthew GrossExecutive Officer, Director
Offering amount
$15.5M
Amount sold
$15M
First sale
May 2015
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedSep 2014 · 33 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew GrossExecutive Officer, Director, Promoter
  • Jennifer CooganExecutive Officer
  • Dan Cogan-DrewExecutive Officer, Promoter
  • Daniel WinstonExecutive Officer
Offering amount
$6M
Amount sold
$6M
First sale
Sep 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$400KraisedMay 2014 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jennifer CooganExecutive Officer
  • Dan Cogan-DrewExecutive Officer, Promoter
  • Matthew GrossExecutive Officer, Director, Promoter
Offering amount
$500K
Amount sold
$400K
First sale
May 2014
Incorporated
Limited Liability Company, New York, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with Newsela for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Newsela do?
Newsela provides educational content and classroom tools for K-12 teachers and students, delivering news articles and learning materials aligned to curriculum standards at multiple reading levels. The platform includes formative assessment and real-time instruction features to support personalized learning and engagement.
Who founded Newsela?
Newsela was founded by Matthew Gross, Dan Cogan-Drew in 2014.
Who are Newsela's investors?
Newsela's investors include Kleiner Perkins, New Ground Ventures, Owl Ventures, Reach Capital, TCV, Techstars.
How much funding has Newsela raised?
Newsela has disclosed $21.4M raised across 3 rounds.
Where is Newsela headquartered?
Newsela is headquartered in New York City, US.