
Newsflare
3 Waterhouse Sq, Greater London, EC1N 2SW, United Kingdom
Overview
Newsflare operates as a global licensing platform and marketplace for user-generated video content. The company facilitates licensing and distribution of video content created by users. Its core product is a marketplace that connects video creators with potential licensees. According to a press release, Newsflare raised a £5.0m Series B. The round was led by Foresight as reported in the article. Newsflare is a London-based online video marketplace connecting professional and amateur video-journalists, media schools, major news networks and the public. Its platform, Newsflare.com, enables submission, sharing, searching, viewing, sale and purchase of user-generated, geo-tagged video news content. The service allows contributors and buyers to monetize both amateur and professional video coverage, including events that are too remote or local for traditional news networks to cover. Led by co-founder and CEO Jon Cornwell, the company operates its marketplace to broaden access to local and hard-to-reach news footage. Following a reported funding commitment, Newsflare plans to use proceeds to expand operations and grow adoption of its service.
- Total raised
- $10M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Jan 2022
Industries
- Social Media
- Video
Recent funding
Series B
Jan 2022
$7M
Equity
Dec 2016
$3M