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Stockreport

Beehiiv attracts $32M to make its newsletter publishing platform more sticky [TechCrunch]

HubSpot, Inc. (HUBS)  More Company Research Source: TechCrunch
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
a sticky way of getting attention for whatever it is that you're writing. Now, in a signal of the popularity of the medium, one of the startups building a platform for creating and distributing newsletters is announcing some funding. New York-based startup beehiiv has raised $33 million, funding that it will be using to expand its business as well as the technical capabilities of its platform. NEA is leading this round with Sapphire Sport and previous backer Lightspeed Venture Partners also participating. The startup is not disclosing its valuation with this round but it has now raised $46.5 million. The money is coming on the heels of some significant growth. When we covered beehiiv's $12.5 million Series A in June 2023 (a round led by Lightspeed), the company had 7,500 active newsletters with 35 million unique readers and 350 million monthly impressions. Now, the company is sending out 1 billion emails per month from around 20,000 active newsletters (it didn't disclose the numbe [Read more]
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Stockreport

Beehiiv attracts $32M to make its newsletter publishing platform more sticky [TechCrunch]

HubSpot, Inc.  (HUBS) 
More Company Research Source: TechCrunch
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
a sticky way of getting attention for whatever it is that you're writing. Now, in a signal of the popularity of the medium, one of the startups building a platform for creating and distributing newsletters is announcing some funding. New York-based startup beehiiv has raised $33 million, funding that it will be using to expand its business as well as the technical capabilities of its platform. NEA is leading this round with Sapphire Sport and previous backer Lightspeed Venture Partners also participating. The startup is not disclosing its valuation with this round but it has now raised $46.5 million. The money is coming on the heels of some significant growth. When we covered beehiiv's $12.5 million Series A in June 2023 (a round led by Lightspeed), the company had 7,500 active newsletters with 35 million unique readers and 350 million monthly impressions. Now, the company is sending out 1 billion emails per month from around 20,000 active newsletters (it didn't disclose the numbe [Read more]
IMPACT SNAPSHOT
EVENT TIME:
HUBS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS