When was Newsela founded?

Newsela was founded in 2013 and became a unicorn in 2021.

Where is Newsela located?

Newsela is headquartered in New York City, United States. It is registered at New York, New York.

Which legal entities is Newsela associated with?

Newsela is associated with NEWSELA, INC..

How many employees does Newsela have?

As of Jul 31, 2026, the latest employee count at Newsela is 528.

Is Newsela a funded company?

Newsela is a funded company, having raised a total of $173M across 8 funding rounds to date. The company's 1st funding round was a $100K Grant (prize money) round.

How much is Newsela worth?

The latest valuation of Newsela is $1B as of Feb 26, 2021.

When was the latest funding round of Newsela?

Newsela's latest funding was a $100M Series D round on Feb 25, 2021, with participation from 6 investors.

Is Newsela a K-12 EdTech company?

The primary sector of Newsela is K-12 EdTech.

Where does Newsela rank among its competitors?

Newsela ranks 1st amongst 3 active competitors, only 1 of which is funded. Newsela, which secured $100M in Feb, 2021.

Newsela - 2026 Company Profile, Team, Funding & Competitors

Newsela is a series D company based in New York City (United States), founded in 2013. It operates as an Online platform providing learning content for educators. Newsela has raised $173M in funding from investors like TCV, NewSchools Venture Fund and Techstars, with a current valuation of $1B. The company has 3 active competitors, including 1 that is funded. Its top competitors are School Prayer Challenge and The Day.

Sectors and market segments that Newsela operate in

Newsela serves in the EdTech market segments.The primary business model of Newsela is:

EdTech > K-12 EdTech > ***** **** > ***** ******

Company Details

Online platform providing learning content for educators. The platform offers learning solutions for educators to support student engagement. The platform offers solutions for students and schools on social studies, science, essentials, and more. The platform also offers study guides, webinars, research, distance learning, and more.

Website: newsela.com
Social
Email ID: *****@newsela.com
Registered Address: New York, New York

Key Metrics

Founded Year

2013

Location

New York City, United States

Stage

Series D

Total Funding

$173M in 8 rounds

Latest Funding Round

Series D, Feb 25, 2021, $100M

Post Money Valuation

$1B as on Feb 26, 2021

Investors

TCV & 36 more

Ranked

1^st among 3 active competitors

Employee Count

528 as on Jul 31, 2026

Investment & Acquisitions

Generation Genius & 2 more

Similar Companies

School Prayer Challenge & 1 more

View Newsela's full profile

Newsela is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWSELA, INC. CIN: 471882828 , United States, Active	Sep 10, 2014	-	324 (As on Dec 31, 2024)	-

Newsela has raised a total funding of $173M over 8 rounds. Its latest funding round was a Series D round on Feb 25, 2021 for $100M. 6 investors participated in its latest round. Newsela has 22 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of Newsela:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2021	$100M	Series D	$1B	-	Franklin Templeton Investments, TCV	Owl Ventures, Tao Capital Partners, The Chan Zuckerberg Initiative, Waycross Ventures
Mar 13, 2019	$50M	Series C	$82M	-	TCV	-
Oct 06, 2015	$15M	Series B	-	-	Kleiner Perkins	Womens VC Fund II, Knight Foundation, Owl Ventures, Mark Zuckerberg, Priscilla Chan

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View details of Newsela's funding rounds and investors

Newsela's Board of Directors

Newsela's board has 6 active members. Tory Patterson, Brook Byers, Jennifer Coogan, Dan Cogan Drew, Matthew Gross and Daniel Winston are independent board members.

Here is the list of Newsela's board of directors:

Name	Type	Representing	Status	Duration
Tory Patterson	Independent board member	-	Current	10y 8m
Brook Byers	Independent board member	-	Current	10y 8m
Jennifer Coogan	Independent board member	-	Current	12y 8m
Dan Cogan Drew	Independent board member	-	Current	12y 8m
Matthew Gross	Independent board member	-	Current	12y 8m
Daniel Winston	Independent board member	-	Current	11y 9m

Newsela's employee count trend

Newsela has 528 employees as of Jul 26. Here is Newsela's employee count trend over the years:

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Top competitors of Newsela include School Prayer Challenge and The Day. Here is the list of Top 10 competitors of Newsela, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Newsela 2013, New York City (United States), Series D	Online platform providing learning content for educators	$173M	TCV, Franklin Templeton Investments & 35 others	53/100
2nd	School Prayer Challenge 2022, North Richland Hills (United States), Unfunded	App that encourages prayer for the protection of schools	-	-	23/100
3rd	The Day 2010, London (United Kingdom), Unfunded	Provider of daily news-based educational resources for schools	-	-	22/100

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Newsela has acquired 3 companies including Generation Genius, Formative and HapYak. Newsela has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 05, 2025	Acquisition	Generation Genius	2017	Los Angeles (United States)
Jun 28, 2023	Acquisition	Formative	2013	Santa Monica (United States)
Oct 14, 2021	Acquisition	HapYak	2012	Boston (United States)