# Newsela funding: rounds and investors

> Newsela has raised $172M across 5 rounds since 2013. Investors include TCV, Kapor Capital and NewSchools Venture Fund. Every round with its source.

Source: https://millionrounds.com/company/newsela (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Newsela*

5 rounds we have observed, with the 21 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Valuation: $1.0B, Mar 2026

Funding summary Updated 26 Oct 2026

**$172M** raised across 5 rounds since 2013, from 5 sources

**$1.2M** Seed **$6.0M** Series A **$15M** Series B **$50M** Series C **$100M** Series D

- **Latest round:** Series D, $100M Feb 2021
- **Step-up i:** 2×
- **Investors:** 21 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021

**$1.2M** Seed

**$6.0M** Series A

**$15M** Series B

**$50M** Series C

**$100M** Series D

- **First round:** Seed, $1.2M
- **Biggest round:** $100M
- **Usual gap between rounds:** 23 months

## The rounds

- **Feb 2021** Series D **$100M** *4 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Reach](https://millionrounds.com/fund/reach) [TCV](https://millionrounds.com/fund/tcv) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Source recorded
- **Mar 2019** Series C **$50M** *1 new* [TCV](https://millionrounds.com/fund/tcv) Lead Reported by TechCrunch
- **Oct 2015** Series B **$15M** *2 new* *1 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) [Women's Venture Capital Fund](https://millionrounds.com/fund/women-s-venture-capital-fund) From a historical funding record SEC filing: $15M sold, first sale May 2015
- **Sept 2014** Series A **$6.0M** *3 new* *2 returning* [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) [Knight Foundation](https://millionrounds.com/fund/knight-foundation) [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) [Cambridge Information](https://millionrounds.com/fund/cambridge-information-group) From a historical funding record SEC filing: $6.0M sold, first sale Sept 2014
- **Oct 2013** Seed **$1.2M** *11 new* [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) [Silicon Badia](https://millionrounds.com/fund/badia-impact-fund) [Walter Winshall](https://millionrounds.com/fund/walter-winshall) [Zac Zeitlin](https://millionrounds.com/fund/zac-zeitlin) [Kaplan Ventures](https://millionrounds.com/fund/kaplan-ventures) [David Fischer](https://millionrounds.com/fund/david-fischer) [Brigette Lau](https://millionrounds.com/fund/brigette-lau) Issac Taylor Jennifer Coogan Joannie Fischer Reported by finsmes.com

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Matthew Gross** Executive Officer, Director i

On the board, as filed i *Brook Byers* *Tory Patterson*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Series A** 2014 **Series B** 2015 **Series C** 2019 **Series D** 2021 [TCV](https://millionrounds.com/fund/tcv) L [Kapor Capital](https://millionrounds.com/fund/kapor-capital) [NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) [Techstars](https://millionrounds.com/fund/techstars) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Reach](https://millionrounds.com/fund/reach) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Silicon Badia](https://millionrounds.com/fund/badia-impact-fund)

## Everyone who backed them

[TCV](https://millionrounds.com/fund/tcv) Private equity **2** rounds, led 1

[Kapor Capital](https://millionrounds.com/fund/kapor-capital) VC firm **2** rounds

[NewSchools Venture Fund](https://millionrounds.com/fund/newschools-venture-fund) VC firm **2** rounds

[Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm **2** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **1** round

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Reach](https://millionrounds.com/fund/reach) VC firm **1** round

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round

[Silicon Badia](https://millionrounds.com/fund/badia-impact-fund) VC firm **1** round

[Knight Foundation](https://millionrounds.com/fund/knight-foundation) VC firm **1** round

[Walter Winshall](https://millionrounds.com/fund/walter-winshall) Angel **1** round

[Women's Venture Capital Fund](https://millionrounds.com/fund/women-s-venture-capital-fund) VC firm **1** round

[Zac Zeitlin](https://millionrounds.com/fund/zac-zeitlin) Angel **1** round

[Kaplan Ventures](https://millionrounds.com/fund/kaplan-ventures) VC firm **1** round

[David Fischer](https://millionrounds.com/fund/david-fischer) Angel **1** round

[Brigette Lau](https://millionrounds.com/fund/brigette-lau) Angel **1** round

[Cambridge Information](https://millionrounds.com/fund/cambridge-information-group) VC firm **1** round

Issac Taylor no record of our own yet **1** round

Jennifer Coogan no record of our own yet **1** round

Joannie Fischer no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=newsela).

## Also claim to have backed them

These 8 firms list Newsela as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[New Ground Ventures](https://millionrounds.com/fund/new-ground-ventures) VC firm Per its own site

[Startup Weekend](https://millionrounds.com/fund/startup-weekend) VC firm Per its own site

[TechStars Energy](https://millionrounds.com/fund/techstars-energy) Accelerator Per its own site

[Techstars Alabama Power EnergyTech Accelerator](https://millionrounds.com/fund/techstars-alabama-power-energytech-accelerator) Accelerator Per its own site

[Techstars Berlin](https://millionrounds.com/fund/techstars-berlin) Accelerator Per its own site

[Techstars Music Accelerator](https://millionrounds.com/fund/techstars-music-accelerator) Accelerator Per its own site

[Techstars Toronto Accelerator](https://millionrounds.com/fund/techstars-toronto-accelerator) Accelerator Per its own site

[The Riyadh Techstars Accelerator](https://millionrounds.com/fund/techstars-riyadh-accelerator) Accelerator Per its own site

## Quick answers about Newsela

### Who invested in Newsela?

Newsela's investors include TCV, Kapor Capital, NewSchools Venture Fund, Owl Ventures and Techstars, and 16 more on record.

### How much has Newsela raised?

Newsela has raised $172M across 5 rounds since 2013.

### When did Newsela last raise?

Newsela's most recent round was a Series D of $100M in Feb 2021.

### What was Newsela's biggest round?

Its most recent round, $100M in Feb 2021, is also its largest on record.

### Who backed Newsela first?

Newsela's first round on record, in Oct 2013, was backed by Kapor Capital, NewSchools Venture Fund and Silicon Badia and 8 others.

### What stage is Newsela at?

Newsela's latest named round is a Series D, in Feb 2021.

### Where is Newsela based?

Newsela is based in the United States.

### Who led Newsela's rounds?

TCV led the Series C in 2019.

## Companies like Newsela

In the same sector, and raised in the last eighteen months.

[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Amira Learning** $30M · Oct 2026](https://millionrounds.com/company/amira-learning)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**KIDZ AI** $1.9M · Sept 2026](https://millionrounds.com/company/kidz-ai)[**Imagi** $7.5M · Jul 2026](https://millionrounds.com/company/imagi)

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