When was PR Newswire founded?

PR Newswire was founded in 1954.

Where is PR Newswire located?

PR Newswire is headquartered in New York City, United States. It is registered at 7 & 8 CHURCH STREET,WIMBORNE,DORSET,BH21 1JH.

Who is the current CEO of PR Newswire?

Kevin Akeroyd Kevin Akeroyd of PR Newswire.

How many employees does PR Newswire have?

As of Mar 31, 2026, the latest employee count at PR Newswire is 1123.

Is PR Newswire a funded company?

PR Newswire is a funded company, having raised a total of $***** in its 1st and only funding round.

How much is PR Newswire worth?

The last known valuation of PR Newswire was $***** as of Dec 15, 2015.

Where does PR Newswire rank among its competitors?

PR Newswire ranks 1st amongst 206 active competitors, of which 24 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Linkby, which secured $15M in Jul, 2025.

Who are the top competitors of PR Newswire?

PR Newswire's top competitors include NewsReach, GlobeNewswire and Linkby. Among them, Linkby secured the most recent funding round in July, 2025.

PR Newswire - 2026 Company Profile, Team, Funding & Competitors

Q: Is PR Newswire an acquired company?

PR Newswire got acquired by Cision on Dec 15, 2015.

PR Newswire is an acquired company based in New York City (United States), founded in 1954 by Herbert Muschel. It operates as an Online platform for news distribution. , with last known valuation of $*****. The company has 206 active competitors, including 24 funded and 19 that have exited. Its top competitors include companies like NewsReach, GlobeNewswire and Linkby.

Company Details

Online platform for news distribution for media houses. The company provides the client with the tools to distribute news to journalists, bloggers, and key influencers, amplify and optimize the content, and measure the impact of the news. The platform provides news distribution, targeting, monitoring, and marketing solutions to help users to connect and engage with target audiences.

Website: www.prnewswire.com/
Social
Registered Address: 7 & 8 CHURCH STREET,WIMBORNE,DORSET,BH21 1JH

Key Metrics

Founded Year

1954

Location

New York City, United States

Stage

Acquired

Last Known Valuation

$***** as on Dec 15, 2015

Investors

Zeno Partners & 3 more

Ranked

1^st among 206 active competitors

Employee Count

1,123 as on Mar 31, 2026

Investment & Acquisitions

The Fuel Team & 1 more

Similar Companies

NewsReach & 297 more

Exit Details

Acquired by Cision (Dec 15, 2015)

View PR Newswire's full profile

PR Newswire is associated with 8 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
New Frontier Media Inc CIN: 847383 , United States, Active		$10M - $50M (As on Mar 31, 2012)	-	-
New Nordic Data Cooling ApS CIN: 41648058 , Denmark, Active	Sep 03, 2020	-	-
TERRAPIN 3 ACQUISITION CORP CIN: 1608298 , United States, Active		-	-	-
SOUTHERN NATIONAL BANCORP OF VIRGINIA INC CIN: 1325670 , United States, Active		$25M - $100M (As on Feb 06, 2017)	-	-
New Leaf Brands, Inc. CIN: 806175 , United States, Active		$1M - $10M (As on Dec 31, 2011)	-	-
NEW BRANDS LIMITED CIN: 7147675 , United Kingdom, Active	Feb 04, 2010	-	3 (As on Dec 31, 2024)
PR media CIN: 44103075226 , Latvia, Active	Apr 12, 2012	€0 - €1M (As on Dec 31, 2024)	4 (As on Dec 31, 2021)	-
PR Streem CIN: 40003932542 , Latvia, Deadpooled	Jun 19, 2007	-	1 (As on Dec 31, 2021)	-

PR Newswire got acquired by Cision on Dec 15, 2015 at an acquisition amount of $*****.

Click here to take a look at PR Newswire's acquisition in detail

PR Newswire is a funded company. PR Newswire has 4 institutional investors.

View details of PR Newswire's funding rounds and investors

The founders of PR Newswire is Herbert Muschel. Kevin Akeroyd Kevin Akeroyd is the CEO of PR Newswire.

Here are the details of PR Newswire's key team members:

Herbert Muschel: Founder of PR Newswire.
Contact Info: 1 email address
Kevin Akeroyd Kevin Akeroyd: CEO of PR Newswire.
Contact Info: 1 email address

View details of PR Newswire's Founder profiles and Board Members

PR Newswire's employee count trend

PR Newswire has 1,123 employees as of Mar 26. Here is PR Newswire's employee count trend over the years:

Uncover PR Newswire's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of PR Newswire include NewsReach, GlobeNewswire and Linkby. Here is the list of Top 10 competitors of PR Newswire, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PR Newswire 1954, New York City (United States), Acquired	Online platform for news distribution	-	Zeno Partners, Conected Mobility HUB & 2 others	53/100
2nd	NewsReach 2018, Ahmedabad (India), Seed	Provider of a PR content distribution platform	$1.32M	Prachi Enterprise, Dikeboon Digicaps & 80 others	57/100
3rd	GlobeNewswire 1998, Los Angeles (United States), Public	Provider of press release distribution and media contact database services. It offers targeted distribution options to reach media, investors, and consumers. The company also provides a media contacts database with AI-powered recommendations to help users build media lists, personalize outreach, and measure results. An AI-powered press release generator streamlines content creation. The platform facilitates direct email communication with contacts. A newsroom feature allows users to access press releases and multimedia content from various companies.	-	Arrowroot Capital Management, Blue Delta Capital Partners ... Read more	55/100
4th	Linkby 2005, Sydney (Australia), Series B	Platform offering software to distribute press releases	$21.2M	Volition Capital, Perennial & 1 others	54/100
5th	Greenfly 2014, Los Angeles (United States), Series C	Cloud based content management platform	$65.3M	Alpha Edison, Iconica Partners & 23 others	54/100
6th	RHEI 2005, Vancouver (Canada), Unfunded	Platform providing content distribution and marketing solutions	-	-	49/100
7th	KT Alpha 1991, Seoul (South Korea), Public	Technology-based commerce platform company that supports marketing and commerce for companies and small and medium-sized businesses	-	-	47/100
8th	EIN Presswire 1995, Washington, DC (United States), Unfunded	Cloud-based PR content distribution solutions provider	-	-	46/100
9th	Zumobi 2007, Seattle (United States), Series A	Mobile content marketing platform	$12M	Oak Investment Partners, Hunt Ventures & 1 others	46/100
10th	Wiztrust 2014, Paris (France), Series A	Blockchain-based platform to check the authenticity of corporate press	$4.4M	NewAlpha Asset Management & 1 others	46/100