United States · Series D startup

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 summaryUpdated 26 Oct 2026

$172Mraised across 5 rounds since 2013, from 5 sources

$1.2MSeed$6.0MSeries A$15MSeries B$50MSeries C$100MSeries D
Latest round
Series D, $100MFeb 2021
Step-upi
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.

2015201720192021
$1.2MSeed$6.0MSeries A$15MSeries B$50MSeries C$100MSeries D
First round
Seed, $1.2M
Oct 2013
Biggest round
$100M
Series D · Feb 2021
Usual gap between rounds
23 months
the median of 4

The rounds

  1. Feb 2021
    Series D$100M4 new1 returning

    Source recorded

  2. Mar 2019
    Series C$50M1 new

    Reported by TechCrunch

  3. Oct 2015
    Series B$15M2 new1 returning

    From a historical funding recordSEC filing: $15M sold, first sale May 2015

  4. Sept 2014
    Series A$6.0M3 new2 returning

    From a historical funding recordSEC filing: $6.0M sold, first sale Sept 2014

  5. Oct 2013

Founders and team

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

  • Matthew GrossExecutive Officer, Directori

On the board, as filediBrook ByersTory 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.

Everyone who backed them

TCVPrivate equity2rounds, led 1
Kapor CapitalVC firm2rounds
Owl VenturesVC firm2rounds
TechstarsVC firm1round
Kleiner PerkinsVC firm1round
ReachVC firm1round
Franklin TempletonPrivate equity1round
Silicon BadiaVC firm1round
Knight FoundationVC firm1round
Walter WinshallAngel1round
Zac ZeitlinAngel1round
Kaplan VenturesVC firm1round
David FischerAngel1round
Brigette LauAngel1round
Issac Taylorno record of our own yet1round
Jennifer Cooganno record of our own yet1round
Joannie Fischerno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

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 VenturesVC firmPer its own site
Startup WeekendVC firmPer its own site
TechStars EnergyAcceleratorPer its own site
Techstars BerlinAcceleratorPer its own site
Techstars Music AcceleratorAcceleratorPer its own site
Techstars Toronto AcceleratorAcceleratorPer its own site
The Riyadh Techstars AcceleratorAcceleratorPer 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

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