the DONUT - About the company
the DONUT is a seed company based in Austin (United States), founded in 2019 by Peter Nowak, Matt McDonald and Matt Munoz. It operates as a News aggregator offering multi category news. the DONUT has raised $300K in funding. The company has 503 active competitors, including 18 funded and 13 that have exited. Its top competitors include companies like Dailyhunt, Inshorts and Gunosy.
Company Details
News aggregator offering multi-category news. It provides a newsletter with fact-based news summaries. It provides opinion free and positive information. Users can submit their email on the platform for the news.
- Website
- thedonut.co
Key Metrics
Founded Year
2019
Location
Austin, United States
Stage
Seed
Total Funding
$300K in 2 rounds
Latest Funding Round
Ranked
62nd among 503 active competitors
Employee Count
14 as on Jul 01, 2024
Investment & Acquisitions
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the DONUT's funding and investors
the DONUT has raised a total funding of $300K over 2 rounds. Its first funding round was on Mar 05, 2024.
Here is the list of recent funding rounds of the DONUT:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 01, 2025 | 4967107 | Seed | 9773056 | 6512213 | 3616193 | 7516385 |
Mar 05, 2024 | 9291659 | Seed | 9795519 | 8003244 | 3928582 | 9476977 |
View details of the DONUT's funding rounds and investors
the DONUT's founders and board of directors
Founder? Claim ProfileThe founders of the DONUT are Peter Nowak, Matt McDonald and Matt Munoz. Peter Nowak is the CEO of the DONUT.
Here are the details of the DONUT's key team members:
- Peter Nowak: Co-Founder & CEO of the DONUT. Contact Info: 1 email address
- Matt McDonald: Co-Founder of the DONUT. Contact Info: 1 email address
- Matt Munoz: Co-Founder of the DONUT.
View details of the DONUT's Founder profiles and Board Members
the DONUT's employee count trend
the DONUT has 14 employees as of Jul 24. Here is the DONUT's employee count trend over the years:
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the DONUT's Competitors and alternates
Top competitors of the DONUT include Dailyhunt, Inshorts and Gunosy. Here is the list of Top 10 competitors of the DONUT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of personalized news content aggregated in multiple Indian languages | - | - | 67/100 | |
2nd | Provider of summarized news articles across various categories and sources | $35.6M | 60/100 | ||
3rd | Gunosy is a Japanese-based social media news aggregator | $24.1M | 58/100 | ||
4th | Personalized news service for Samsung users | - | - | 56/100 | |
5th | Daum 1997, Seoul (South Korea), Funding Raised | Operator of a web portal providing search and related services | - | 50/100 | |
6th | Educational news app for children | $471K | - | 45/100 | |
7th | App-based news aggregator offering multi-category news | $793K | 45/100 | ||
8th | A curated news service | - | - | 45/100 | |
9th | Oigetit 2014, Sunnyvale (United States), Unfunded | AI-driven news aggregator platform offering multi-category news | - | - | 44/100 |
10th | Riple 2023, London (United Kingdom), Seed | AI powered news research and delivery platform for businesses | $331K | 44/100 | |
62nd | the DONUT 2019, Austin (United States), Seed | News aggregator offering multi category news | $300K | - | 31/100 |
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the DONUT's Investments and acquisitions
the DONUT has acquired Press Sports. the DONUT has not made any investments as of now.Reports related to the DONUT
Here is the latest report on the DONUT's sector:
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