Semafor Hits $330 Million Valuation in Latest Fundraise to Fuel Global Expansion
6 Articles
6 Articles
Semafor hits $330 million valuation in latest fundraise to fuel global expansion
Digital media startup Semafor said on Wednesday it has raised $30 million at a $330 million valuation, which it intends to use as part of a global expansion and hire more journalists, following its first profitable year.
Semafor marks record growth and profitability for global news media, launches major editorial and live journalism expansion
The NewsSemafor today announced it had closed $30 million in new financing as it begins a major expansion of its editorial operations and high-level global convenings. The news comes on the heels of meteoric growth, with Semafor reaching a full year of profitability, $40 million in revenue and $2 million in EBITDA only three years after launch.The fast-growing independent news platform now embarks on an ambitious expansion of its editorial opera…
New international investment move by Thodoris Kyriakou - What does the entry into Semafor mean for Antenna Group?
Semafor raises $30m after first profitable year
Semafor, a three-year-old global news and intelligence media startup, has raised $30 million in a new funding round, valuing the company at about $330 million. This latest round is the company’s first priced funding and formal valuation. The move comes at a time when several digital media companies, including BuzzFeed, are struggling with revenue pressures linked to AI chatbots and changing news consumption habits. More than 60% of the new inves…
Semafor gets $30 million investment, will expand biz coverage
News organization Semafor has received a $30 million investment, valuing the operation at $300 million, reports Isabella Simonetti of The Wall Street Journal. Simonetti writes, “The $30 million in new funding will help expand Semafor’s World Economy annual CEO gathering in Washington, D.C., and explore new markets for events. Semafor plans to hire more journalists and expand […]
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