The Associated Press

The Associated Press (AP) is a prominent not-for-profit news cooperative based in New York, founded in 1846. It serves as a reliable source of independent news, supplying content to its members, international subscribers, and commercial customers. With a legacy of covering significant historical events, AP has adapted to technological advancements over the years, transitioning from traditional methods of news delivery to modern digital platforms. It operates a sophisticated digital photo network and offers a continuously updated multimedia news service, including a state-of-the-art television news service and one of the largest radio networks in the United States. The AP has received numerous accolades, including 51 Pulitzer Prizes since the award's inception in 1917, reflecting its commitment to quality journalism. With more than 3,700 employees and over 280 offices worldwide, the Associated Press continues to play a vital role in the global news landscape.

Peter Prengaman

Global Climate and Environmental News Director

14 past transactions

Stringr

Series A in 2020
Stringr, Inc. is an innovative company that operates an online marketplace for media content, allowing contributors to upload and license a variety of media formats, including videos and images, to media organizations. Established in 2013 and based in New York, Stringr combines video acquisition with a GenAI-powered remote production software solution, optimizing video workflows for its clients. The platform serves over 1,000 global broadcast news and online media customers and boasts a proprietary network of more than 140,000 videographers situated across the United States and internationally. Stringr offers the largest video news archive, featuring over 1.7 million videos, along with additional services such as daily live pool feeds and original stories. This comprehensive approach provides broadcasters with a diverse array of custom news videos, making Stringr a leading solution in the media production landscape.

Trint

Series A in 2019
Trint Limited is a London-based company that offers an online platform designed for transforming audio and video content into searchable text. Founded in 2014 by Jeff Kofman and Mark Boas, Trint addresses the challenges of manual transcription by utilizing artificial intelligence to automate the transcription process. This enables users to efficiently convert audio and video files into accurate text, refine transcripts, add captions, and share excerpts of content seamlessly. The platform serves a diverse range of customers across various sectors, including journalism, media, video editing, academic research, and market research. By streamlining the transcription process, Trint empowers users to focus on content creation and enhances accessibility to information.

Stringr

Seed Round in 2018
Stringr, Inc. is an innovative company that operates an online marketplace for media content, allowing contributors to upload and license a variety of media formats, including videos and images, to media organizations. Established in 2013 and based in New York, Stringr combines video acquisition with a GenAI-powered remote production software solution, optimizing video workflows for its clients. The platform serves over 1,000 global broadcast news and online media customers and boasts a proprietary network of more than 140,000 videographers situated across the United States and internationally. Stringr offers the largest video news archive, featuring over 1.7 million videos, along with additional services such as daily live pool feeds and original stories. This comprehensive approach provides broadcasters with a diverse array of custom news videos, making Stringr a leading solution in the media production landscape.

data.world

Venture Round in 2018
Data.world is an Austin-based company that develops an open data platform designed to make data accessible and understandable for everyone, not just data specialists. Founded in 2015, the platform enables users to find relevant data, understand its context, and share it easily. It supports various sectors including finance, education, environment, and more. Data.world's cloud-native data catalog maps siloed data to consistent business concepts, creating a unified body of knowledge. The company is also known for fostering a collaborative data community where users work on projects ranging from social bot detection to data journalism. Data.world operates as a Public Benefit Corporation, legally structured to pursue both its mission and shareholder value equally.

Samdesk

Convertible Note in 2018
Samdesk is a company that specializes in transforming unstructured social media data into actionable insights for crisis management. Founded in 2013 and headquartered in Edmonton, Alberta, Canada, Samdesk offers a platform designed to monitor global disruptions and provide real-time alerts during emergencies. By leveraging artificial intelligence, natural language processing, and machine learning, the platform detects and verifies events such as fires, floods, and terrorist attacks based on social media chatter. This technology allows for the triangulation of location data and the extraction of relevant information, enabling decision-makers in corporate security, public safety, and emergency response to act quickly and effectively. By providing timely and accurate situational awareness, Samdesk helps minimize the impact of emergencies on business operations and personnel safety.

Wibbitz

Series C in 2017
Wibbitz, Inc. is a developer of an AI-powered video creation platform that allows teams to produce professional short-form videos efficiently. Founded in 2011 and headquartered in New York, Wibbitz offers an online platform that simplifies video creation for various purposes, including social media, news coverage, marketing, and events. Users can leverage customizable video templates, drag-and-drop editing tools, and access to millions of licensed photos, videos, and soundtracks. The platform also features a Lightbox API solution, enabling integration of video creation capabilities into websites and applications to enhance user engagement. Wibbitz has established strategic partnerships with several prominent media organizations, including Hearst and NBC Universal, and operates additional offices in Tel Aviv, Israel, and London, United Kingdom.

NewsWhip

Series A in 2017
NewsWhip is a leading provider of content discovery and analytics solutions that enable users to predict and analyze the impact of stories across various platforms. The company offers a suite of products designed to help customers, including prominent publishers, brands, and agencies, understand content trends and audience engagement. Its flagship product, NewsWhip Spike, is a real-time content discovery dashboard that identifies trending stories within minutes of publication and forecasts their social media reach. Additionally, NewsWhip Analytics provides a comprehensive database of audience interactions with content across social networks, allowing clients to benchmark their performance against competitors and observe engagement patterns over time. By leveraging proprietary technology to track news and social data, NewsWhip empowers media and marketing professionals to create impactful content that resonates with their audiences.

Samdesk

Seed Round in 2016
Samdesk is a company that specializes in transforming unstructured social media data into actionable insights for crisis management. Founded in 2013 and headquartered in Edmonton, Alberta, Canada, Samdesk offers a platform designed to monitor global disruptions and provide real-time alerts during emergencies. By leveraging artificial intelligence, natural language processing, and machine learning, the platform detects and verifies events such as fires, floods, and terrorist attacks based on social media chatter. This technology allows for the triangulation of location data and the extraction of relevant information, enabling decision-makers in corporate security, public safety, and emergency response to act quickly and effectively. By providing timely and accurate situational awareness, Samdesk helps minimize the impact of emergencies on business operations and personnel safety.

Enwoven

Seed Round in 2015
Enwoven is a media management platform that enables organizations to capture and share valuable narratives and knowledge. The company focuses on helping brands document their history, marketing campaigns, innovations, and cultural initiatives, ensuring that important insights do not get lost over time. By providing tools that make knowledge accessible and useful, Enwoven empowers organizations, institutions, and brands to connect memories across various media formats. This approach facilitates the creation of experiential stories that resonate across generations, transforming institutional memory into actionable insights. Enwoven collaborates with notable brands such as the New York Times, Coca-Cola, Reebok, Campbell's, Avis, and Procter & Gamble to enhance their storytelling capabilities and organizational knowledge.

Rivet

Venture Round in 2015
Rivet Radio, Inc. is a Chicago-based company that creates and distributes audio news and feature stories on a global scale. It offers a range of products, including business podcasts, national and international news, corporate reports, and training materials for employee communications and compliance. Rivet provides an API that allows businesses to access and integrate its audio content into their own distribution channels, enhancing their communication strategies. Additionally, the company produces custom branded audio content for corporate websites and offers a mobile app that delivers personalized audio news. Founded in 2012 and originally known as HearHere Radio, Rivet has established itself as a notable player in the audio news industry, providing services that cater to both individual consumers and enterprise clients.

NewsWhip

Venture Round in 2015
NewsWhip is a leading provider of content discovery and analytics solutions that enable users to predict and analyze the impact of stories across various platforms. The company offers a suite of products designed to help customers, including prominent publishers, brands, and agencies, understand content trends and audience engagement. Its flagship product, NewsWhip Spike, is a real-time content discovery dashboard that identifies trending stories within minutes of publication and forecasts their social media reach. Additionally, NewsWhip Analytics provides a comprehensive database of audience interactions with content across social networks, allowing clients to benchmark their performance against competitors and observe engagement patterns over time. By leveraging proprietary technology to track news and social data, NewsWhip empowers media and marketing professionals to create impactful content that resonates with their audiences.

Rivet

Venture Round in 2014
Rivet Radio, Inc. is a Chicago-based company that creates and distributes audio news and feature stories on a global scale. It offers a range of products, including business podcasts, national and international news, corporate reports, and training materials for employee communications and compliance. Rivet provides an API that allows businesses to access and integrate its audio content into their own distribution channels, enhancing their communication strategies. Additionally, the company produces custom branded audio content for corporate websites and offers a mobile app that delivers personalized audio news. Founded in 2012 and originally known as HearHere Radio, Rivet has established itself as a notable player in the audio news industry, providing services that cater to both individual consumers and enterprise clients.

Bambuser

Corporate Round in 2013
Bambuser is a software-as-a-service (SaaS) company specializing in live video shopping technology. Founded in 2007, it pioneered interactive mobile live video broadcasting and has since become a prominent supplier in the live video segment. In late 2019, Bambuser introduced its flagship product, which allows brands to conduct live shopping events directly on their websites, marking a significant advancement in the retail sector outside of Asia. The company's technology platform, Iris, provides app developers with tools to integrate live video streaming into their applications through a comprehensive suite of SDKs, APIs, and libraries. Bambuser's solutions cater to a variety of sectors, including news, media, social applications, drones, and live events, serving some of the largest global brands and e-commerce companies. Headquartered in Stockholm, Bambuser continues to lead innovation in the interactive live video space.

Verve

Series A in 2008
Verve Wireless, Inc. is a mobile marketing platform that specializes in location-based advertising solutions for various industries, including retail, automotive, consumer packaged goods, and restaurants. Founded in 2005 and based in Carlsbad, California, the company utilizes proprietary location intelligence and advanced technology to create unique consumer profiles by combining real-world location data with offline demographic and transactional information. Verve offers a Local Merchant Offers platform, enabling multi-location retailers and small to medium-sized businesses to develop and manage dynamic mobile advertisements targeting consumers in close proximity to their stores. The company's omnichannel advertising platform connects advertisers, agencies, brands, and publishers, facilitating real-time engagement while prioritizing user privacy. Verve serves over 5,000 advertisers and maintains direct relationships with more than 4,000 publishers and apps worldwide, enhancing the effectiveness and reach of mobile advertising campaigns.
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