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. operates an online marketplace that connects media content contributors with media organizations seeking visual content. Founded in 2013 and based in New York, the company allows contributors to upload various types of media, including photographs and videos, and to license this content to media outlets. Stringr's platform enables users to search for videos by location, date, and description, facilitating the submission of footage requests and the downloading of videos across multiple formats. With a proprietary network of over 140,000 videographers and a vast video news archive of over 1.7 million videos, Stringr provides a comprehensive solution for media companies. The company's services include live pool feeds, weather content, and original stories, making it a valuable resource for broadcasters looking to enhance their video offerings efficiently.

Trint

Series A in 2019
Trint Limited operates an online platform that specializes in converting audio and video content into searchable text. Founded in 2014 and based in London, the company provides users with tools to edit and enhance transcripts quickly, add captions to videos, and share snippets of audio and video online. Trint's services cater to a diverse range of industries, including journalism, media, video editing, academic research, and market research. By utilizing artificial intelligence, the platform streamlines the transcription process, allowing users to easily locate key moments within their content. The founders, Jeff Kofman and Mark Boas, recognized the challenges of manual transcription and developed Trint to address these inefficiencies, ultimately enhancing content creation for both individuals and organizations.

Stringr

Seed Round in 2018
Stringr, Inc. operates an online marketplace that connects media content contributors with media organizations seeking visual content. Founded in 2013 and based in New York, the company allows contributors to upload various types of media, including photographs and videos, and to license this content to media outlets. Stringr's platform enables users to search for videos by location, date, and description, facilitating the submission of footage requests and the downloading of videos across multiple formats. With a proprietary network of over 140,000 videographers and a vast video news archive of over 1.7 million videos, Stringr provides a comprehensive solution for media companies. The company's services include live pool feeds, weather content, and original stories, making it a valuable resource for broadcasters looking to enhance their video offerings efficiently.

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 real-time insights and alerts for crisis situations. Founded in 2013 and based in Edmonton, Canada, Samdesk offers a platform designed specifically for newsrooms and decision-makers in corporate security, public safety, and emergency response. By utilizing advanced artificial intelligence and natural language processing, the platform detects and verifies the location of emergency events, such as fires or natural disasters, based on social media chatter. This innovative tool scans millions of posts to provide timely alerts and situational awareness, allowing users to respond quickly and effectively to unfolding events. By offering a faster and more accurate alternative to traditional media monitoring, Samdesk helps organizations minimize operational disruptions and safeguard personnel during emergencies.

Wibbitz

Series C in 2017
Wibbitz, Inc. is an automated video creation company founded in 2011 and headquartered in New York, with additional offices in Tel Aviv, Paris, and London. The company offers an AI-powered platform that allows users to quickly and easily produce professional short-form videos from text, images, and infographics. Its services cater to various sectors, including social media, news, marketing, and events, providing customizable video templates, drag-and-drop editing tools, and access to licensed multimedia resources. Wibbitz also features a Lightbox API solution that integrates video creation capabilities into websites and applications, enhancing user engagement. The company has established strategic partnerships with notable organizations such as Hearst, Bloomberg, and NBC Universal, further solidifying its presence in the media and marketing industries.

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 real-time insights and alerts for crisis situations. Founded in 2013 and based in Edmonton, Canada, Samdesk offers a platform designed specifically for newsrooms and decision-makers in corporate security, public safety, and emergency response. By utilizing advanced artificial intelligence and natural language processing, the platform detects and verifies the location of emergency events, such as fires or natural disasters, based on social media chatter. This innovative tool scans millions of posts to provide timely alerts and situational awareness, allowing users to respond quickly and effectively to unfolding events. By offering a faster and more accurate alternative to traditional media monitoring, Samdesk helps organizations minimize operational disruptions and safeguard personnel during emergencies.

Enwoven

Seed Round in 2015
Enwoven is a company that provides a media management platform aimed at making knowledge accessible and useful for organizations. It specializes in helping brands capture and document their stories, insights, and institutional memories, which often get overlooked. By combining important assets and context, Enwoven enables organizations to create dynamic narratives and flexible knowledge bases. The company collaborates with notable brands such as the New York Times, Coca-Cola, Reebok, Campbell's, Avis, and Procter & Gamble to preserve and share their brand histories, marketing campaigns, and cultural initiatives. Through its tools, Enwoven seeks to transform organizational knowledge into valuable insights that can be shared across generations.

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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