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Stephanie Turner
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7 months ago
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Startup The Free Press's valuation has reached $100 million for a new round of investment
- Startup The Free Press has raised a new round of funding
- It bills itself as “a free press for free people”
- The Free Press has a valuation of approximately $100 million
- The startup was founded by Bari Weiss, a former NYT journalist.
- During the new round, The Free Press raised about $15 million.
- These funds are needed to finance the next stage of growth
- The Free Press gets most of its funding from subscriptions.
- The startup also makes money from podcasts and events.
- The number of readers of The Free Press has already reached 800 thousand.
- They are served by “dozens of reporters, editors” and others.
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