
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
Recent funding
Debt Financing
May 2011
$10M
Series A
Oct 2008
$17M
Team
Mark Ranalli
President & CEO
LinkedIn