Fresco News
Combined the incredible powers of their mobile devices with the content needs of global news outlets.
Description
Fresco combined the incredible powers of their mobile devices with the content needs of global news outlets. Their mission was to allow everyone to be a reporter, and really share what mattered through the channels previously unavailable to the average person.
Legal Name
Fresco News
Former Legal Name(s)
-
Company Reputation
-
Entity Type
Private limited company
Ownership Status
-
Operational Status
Inactive
Founded Date
26 Feb 2014
Operational Duration
3 years
Shutdown Date
2017
Last Financing Round
Funding round
Total Raised
USD 12.54M
Last Financing Date
18 Apr 2017
No. of Funding Round(s)
8
No. of Investor(s)
1
No. of Employees
10 - 50
Total Revenue
-
Post-money Valuation
-
Market Capitalization
-
Stage of Development
Validation
Transactional Model Type
B2C
Defensibility Moats
User networks,
City
New York
State/Province
New York
Country
United States
Industry
Internet
Categories
News, Publishing, Crowdsourcing,
- Financial Difficulties
- The founder, John Meyer, had missed at least 10 payroll periods between 2016 and 2017.
- Employees were eventually paid for most of them, but the inability to reliably meet payroll month to month put a strain on the business.
- By June, Fresco found itself unable to pay employees for a full month, and Meyer told his staff Fresco was about to close on a multi-million dollar partnership that would solve its woes.
Unable to meet monthly payrolls.
Note: Direct competitors are defined by similarity score of more than 40%, while similar companies are defined by similarity score of less than 40%
| No. | Image | Name | Similarity score | Description | Industry | Categories | Location | Ownership status | Entity type | Stage of development | Transactional model type | Defensibility moats | Last financing round | Total raised | Post-money valuation | Last financing date | No. of funding round(s) | No. of investors | Investors | Total revenue | Market capitalization | No. of investments | No. of acquisitions | No. of board seats taken | Competition | Management | No. of employees | Company reputation | Contact info | Operational status | Operational duration | Shutdown date | Founded date | Legal name | Former legal name(s) | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Quirky | 19.8% | An invention platform that connected inventors with companies that specialized in a specific product category. | Internet | Crowdsourcing, E-Commerce | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 100-250 | - | - | Inactive | - | - | 2009 | - | - | - |
2. |  | The Outline | 15.4% | A news publication on current events and news. | Internet | Publishing, News, Events | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2016 | - | - | - |
3. |  | Quibb | 14.4% | A professional network to share industry news and analysis. | Internet | News, Analytics, Professional Services | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
4. |  | GO.com | 14.3% | A web portal used as a hub for Disney-related sites. | Internet | Online Portals, Content, News, Digital Entertainment | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 1999 | - | - | - |
5. |  | Fotopedia | 13.9% | A developer of travel applications that feature photography from their online community. | Internet | Advertising, Crowdsourcing, Mobile, News | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2008 | - | - | - |
6. |  | FriendFeed | 13.9% | A feed aggregator that consolidated updates from social media, social bookmarking websites, blogs, and microblogging sites. | Internet | Social Media, Media & Entertainment, News | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2007 | - | - | - |
7. |  | DailyBooth | 13.5% | A social network that enables users to share photos in real-time. | Internet | Photo Sharing, Social Network, Publishing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2009 | - | - | - |
8. |  | Texture | 12.1% | An online media company that provided digital publishing services. | Internet | Publishing, Content, Digital Entertainment, Digital Media, News | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2009 | - | - | - |
9. |  | Bold | 11.9% | A publishing and editing platform for enterprise. | Internet | Content, Publishing, Enterprise Software | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2015 | - | - | - |
10. |  | Broadcast.com | 11.8% | Web radio and streaming content. | Internet | Internet Radio, News, Social Media | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5000-10000 | - | - | Inactive | - | - | 1995 | - | - | - |
11. |  | Get Localization | 11.7% | Provided services and platform for professional translation management. | Internet | Applications, Crowdsourcing, Professional Services, Websites, Information Technology, Software, Cloud Computing | Finland | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2009 | - | - | - |
12. |  | Summly | 11.7% | News aggregation app. | Internet | News, Publishing, Mobile Applications | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2011 | - | - | - |
13. |  | Booktrope | 11.7% | A hybrid publisher which specialized in community-based team publishing. | Internet | Publishing, E-Commerce, Marketing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50-100 | - | - | Inactive | - | - | 2010 | - | - | - |
14. |  | Rockmelt | 11.2% | A social browser-turned social news application. | Internet | Web Browsers, Social, News, Applications | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2009 | - | - | - |
15. |  | Job Spotter | 10.9% | App to bring crowd-sourcing to local jobs. | Internet | Professional Services, Crowdsourcing, Mobile Applications, Applications | United Kingdom | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2016 | - | - | - |
16. |  | Croice | 10.4% | A platform that enabled bloggers to create and share interactive live audio streams with audiences. | Internet | Audio, Blogging Platforms, Broadcasting, News, Video Streaming | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2013 | - | - | - |
17. |  | Deliv | 10.3% | A crowdsourced same-day delivery service for large national multichannel retailers. | Internet | Crowdsourcing, Delivery, Retail, E-Commerce, Logistics | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2012 | - | - | - |
18. |  | Moglue | 10.1% | A desktop platform that enabled publishers, authors, and artists to create interactiv | Internet | Publishing, Art, Software, Mobile, Applications | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2010 | - | - | - |
19. |  | Bookish | 9.9% | A website that allowed users to browse its database of books & authors. | Internet | Books, Publishing, Database | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2011 | - | - | - |
20. |  | Thoof | 9.7% | A social news ranking site. | Internet | News, Content, Social | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2006 | - | - | - |
21. |  | Fflick | 8.9% | A movie website that provided reviews, news, and information based on data collected from social media. | Internet | Reviews, News, Analytics, Social Media | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2010 | - | - | - |
22. |  | Tailrank | 8.7% | A site that provided a feed of content on the World Wide Web that's being discussed across the blogosphere. | Internet | News, Content, Publishing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2005 | - | - | - |
23. |  | Spotplex | 8.2% | An online content aggregation service that provided range of popular news articles. | Internet | News, Content, Online Portals | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2007 | - | - | - |
24. |  | Pixable | 8.1% | An online photo sharing and printing service. | Internet | Photo Sharing, Digital Media, Publishing | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2008 | - | - | - |
25. |  | Civil | 7.9% | A community-owned journalism network based on transparency and trust. | Internet | Publishing, Content, News, Blockchain | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2017 | - | - | - |
26. |  | Circa | 7.8% | A mobile news app that provided users with up-to-date news on diverse topics. | Internet | Mobile Applications, News | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2011 | - | - | - |
27. |  | Babble | 7.2% | An online magazine site that offered information and lifestyle content for parents. | Internet | News, Parenting, Lifestyle, Communities, Media & Entertainment | United States | - | - | - | - | - | M&A | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2006 | - | - | - |
28. |  | Matchmine | 6.8% | A personalized content recommendations service. | Internet | Advertising, Digital Media, Content, News | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2007 | - | - | - |
29. |  | Flud | 6.6% | A social news reader application designed to display RSS feeds for teams and businesses. | Internet | Enterprise Software, Mobile, News, Content, Social Media | United States | - | - | - | - | - | Early Stage | - | - | - | - | - | - | - | - | - | - | - | - | - | 10-50 | - | - | Inactive | - | - | 2010 | - | - | - |
30. |  | Pretty Young Professional | 6.6% | A media company and career resource for young professional women. | Internet | Publishing, Professional Services, Websites, Career, Digital Media, Copywriting, Content | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2010 | - | - | - |
31. |  | BriefMe | 5.7% | Built a ranked leaderboard of news. | Internet | Applications, News | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2012 | - | - | - |
32. |  | Facebook Paper | 5.1% | A phone-based equivalent of a newspaper or magazine. | Internet | News, Applications, iOS | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2014 | - | - | - |
33. |  | Haivl | 4.3% | An entertainment site. | Internet | Websites, Entertainment, Media & Entertainment, News | Vietnam | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2012 | - | - | - |
34. |  | Findory | 4.1% | A news and blog aggregation website that utilized collaborative filtering. | Internet | News, Blog, Real Time | United States | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2004 | - | - | - |
35. |  | Hayibo | 3.4% | Parody and satirical news site. | Internet | News, Websites, Publishing | South Africa | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | Inactive | - | - | 2009 | - | - | - |
36. |  | Blah Diary | 2.9% | Aggregated interesting content to evolve into a content discovery platform. | Internet | Content, Publishing, Marketing | India | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1-10 | - | - | Inactive | - | - | 2011 | - | - | - |
| No. | Image | Name | Investor type | Description | Location | Preferred investment stage(s) | Stages invested in | Assets under management (AUM) | Investment range | Investment sweet spot | Preferred investment focus | Preferred investment geography | No. of investments | No. of lead investments | No. of follow-on investments | No. of co-investments | Portfolio companies | No. of exits | Total exit value | No. of failed investments | Loss on investments | No. of acquisitions | No. of board seats taken | No. of funds | Limited partners | Co-investors | No. of partners | Partners | No. of employees | Management | Board members | Founders | Investor reputation | Contact info | Entity type | Legal name | Former legal name(s) | Founded date | Ticker |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. |  | Rough Draft Ventures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Image | Name | Previous designation | Previous company | Previous biography | Previous profile type | Previous location | Experience | Education | Reputation | Current company | Current designation | Current biography | Current profile type | Current location | No. of investments | No. of exits | Total exit value | No. of board seats taken | Contact info |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | | Chad H. Hollingsworth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
2. | | Jeremy H. Ogorek | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
3. | | Ross H. Levinsohn | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
4. | | John H. Meyer | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| No. | Financing date | Financing round | Total amount raised | Post-money valuation | Financial viability | Fundraising target amount | Remaining target amount | Financing type | No. of investors | Board seats | Lead investors | Entity type | Financing status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. | 18 Apr 2017 | Funding round | USD 5M | - | - | - | 3 | - | - | - | Completed | ||
2. | 17 Apr 2017 | Private Equity Round | USD 67M | - | - | USD 8.45M | USD 2.39M | Equity, Option, Warrant or Other Right to Acquire Another Security, Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security, | 48 | 4 | - | - | Completed |
3. | 23 Sep 2016 | Funding round | - | - | - | - | - | - | - | - | - | - | - |
4. | 27 Jul 2016 | Funding round | - | - | - | - | - | - | - | - | - | - | - |
5. | 26 May 2016 | Funding round | - | - | - | - | - | - | 3 | - | - | - | - |
6. | 21 Sep 2015 | Seed Round | USD 1.2M | - | - | - | 13 | - | - | - | Completed | ||
7. | 8 Mar 2015 | Funding round | USD 190K | - | - | - | - | - | - | - | Completed | ||
8. | 4 Jan 2015 | Angel Round | USD 85K | - | - | - | 1 | - | - | - | Completed |
