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beehiiv raises $33M Series B for newsletter and email platform [Yahoo! Finance]
Last hubspot, inc. earnings: 2/12 04:11 pm
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The company had previously raised $12.5M in a Series A fundraise last June, led by Lightspeed Venture Partners, who also participated in the Series B. beehiiv provides a comprehensive platform for publishers to build custom emails and newsletters and enhance audience engagement, growth and monetization. Since launching in 2021, beehiiv has seen rapid adoption, with current monthly revenue exceeding $1M, and over 1 billion emails dispatched monthly. beehiiv's broad capabilities have attracted a diverse assortment of enterprise publishers and independent content creators: from Boston Globe Media, Brex and Overtime, to Arnold Schwarzenegger and Dr. Jen Ashton. "I'm incredibly proud of how much the team has been able to accomplish in such a short period of time, but we're still in the early innings of what I believe this platform is capable of," said Tyler Denk, the CEO of beehiiv. "I'm confident that we know our customer better than anyone else in the industry and will continue to re
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