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Helium

200 Brickstone Square Suite 105, Andover, Massachusetts, 01810, United States

Overview

Launched in 2006, Helium operates an online marketplace where contributors earn money for writing instructional and advice-oriented content. The site covers topics ranging from military fitness preparation to troubleshooting webmail, effectively functioning as an early “content farm.” Helium reports a community numbering in the hundreds of thousands of writers, though no recent traffic or engagement figures were provided. The company’s ad-supported model has exposed it to advertising rate volatility; during the 2008 downturn it cut 30 % of staff (18 employees) despite having just raised a $17 million Series A. Management has historically adopted a cautious, cost-discipline stance in response to macroeconomic pressure. Financially, Helium has now supplemented its capital structure with an additional $10 million in debt, aiming to sustain operations and presumably expand its content library and writer payments.

Total raised
$27M
Funding rounds
2
Latest round
Debt Financing
Latest activity
May 2011

Industries

  • Advertising
  • Communities
  • Education
  • Internet
  • Journalism
  • Publishing
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Recent funding

  1. Debt Financing

    May 2011

    $10M

  2. Series A

    Oct 2008

    $17M

Team