Tech Company Financing Transactions

Newsela Funding Round

On 3/15/2019, Newsela raised $50 million in Series C funding from TCV.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

TCV (Woody Marshall)

Proceeds Purpose
Newsela will use these funds to accelerate its rapidly expanding footprint in schools across the country.

Company Information

Company Status
Private & Independent
Mailing Address
46 Ingram St.
Forest Hills, NY 11375
Email Address
Newsela is an education technology startup dedicated to transforming the way learners access the world through words. The founding team members combine powerful technological know-how with real-world experience earned in the classroom, the newsroom, and the boardroom.
Newsela LinkedIn Company Profile
Social Media
Newsela Company Twitter Account
Company News
Newsela News
Newsela on Facebook
Newsela on YouTube

Management Team

Email & Social
Chief Executive Officer
Matthew Gross
  Matthew Gross LinkedIn Profile  Matthew Gross Twitter Account  Matthew Gross News  Matthew Gross on Facebook
Chief Marketing Officer
Adriel Sanchez
  Adriel Sanchez LinkedIn Profile  Adriel Sanchez Twitter Account  Adriel Sanchez News  Adriel Sanchez on Facebook
Chief Operating Officer
Jennifer Coogan
  Jennifer Coogan LinkedIn Profile  Jennifer Coogan Twitter Account  Jennifer Coogan News  Jennifer Coogan on Facebook
Chief Technical Officer
Derrick Ware
  Derrick Ware LinkedIn Profile  Derrick Ware Twitter Account  Derrick Ware News  Derrick Ware on Facebook
Dan Cogan-Drew
  Dan Cogan-Drew LinkedIn Profile  Dan Cogan-Drew Twitter Account  Dan Cogan-Drew News  Dan Cogan-Drew on Facebook
VP - Customer Service
Chris Mezzatesta
  Chris Mezzatesta LinkedIn Profile  Chris Mezzatesta Twitter Account  Chris Mezzatesta News  Chris Mezzatesta on Facebook
VP - Customer Service
Jennifer Ruth
  Jennifer Ruth LinkedIn Profile  Jennifer Ruth Twitter Account  Jennifer Ruth News  Jennifer Ruth on Facebook
VP - Human Resources
Eric Bacolas
  Eric Bacolas LinkedIn Profile  Eric Bacolas Twitter Account  Eric Bacolas News  Eric Bacolas on Facebook
VP - Product Management
Shiren Vijiasingam
  Shiren Vijiasingam LinkedIn Profile  Shiren Vijiasingam Twitter Account  Shiren Vijiasingam News  Shiren Vijiasingam on Facebook



Browse more venture capital transactions:

Prev: 3/15/2019: Physera venture capital transaction
Next: 3/15/2019: CryptoNumerics venture capital transaction


Share this article


About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary