theSkimm has raised $28.0M in total across 4 funding rounds.
theSkimm's investors include Future Perfect Ventures, RRE Ventures, ACME Capital, Catapult Capital, Collaborative Seed & Growth Partners, Compound, Deep Fork Capital, Founders Fund, Harrison Metal, Innospark Ventures, iNovia Capital, Kleiner Perkins.
theSkimm is a digital media company, not a technology company, specializing in concise, witty news summaries delivered via newsletters, podcasts, apps, and subscription services targeted at millennial women.[1][2][3][5] It empowers its audience—primarily time-crunched female consumers—by breaking down complex news into digestible formats, helping them stay informed and make smarter life decisions, with over 6 million subscribers at its peak and revenue around $31.9 million.[1][3][4] The company serves busy millennials through daily routines-integrated products like the flagship newsletter "theSkimm," premium offerings such as Skimm Ahead (with exclusive content and tools), and expansions into podcasts and mobile apps, solving the problem of information overload in a fragmented media landscape.[1][2][3]
Founded in 2012 by Carly Zakin and Danielle Weisberg, both former NBC News producers in their early 30s, theSkimm emerged from their observation that millennial women, especially their friends, struggled to fit traditional news into packed lives.[1][2][3] Starting as a simple email newsletter with a relatable, snappy voice, it quickly gained traction among a dedicated audience, reaching 1.5 million subscribers early on and scaling to over 6 million within five years, attracting fans like Michelle Obama and Oprah Winfrey.[2][3] Key pivots included raising $7.8 million from investors like RRE Ventures and Greycroft, launching podcasts, apps, and premium subscriptions, while maintaining direct audience connections through email responses and user research.[1][2][3][4]
theSkimm rides the wave of newsletter-native media and direct-to-consumer content, thriving amid declining trust in traditional news and platform dependency, where email newsletters have become a resilient distribution channel.[2] Its timing capitalized on millennial women's rising influence as consumers and decision-makers, aligning with mobile-first habits and the explosion of subscription models post-2012.[1][3] Market forces like information overload, ad revenue shifts from social media, and demand for convenient, voice-driven curation favor its model, positioning it as a disruptor that influences the ecosystem by proving media can succeed without Big Tech gatekeepers—owning data and relationships to build loyalty.[2][3] Now under Everyday Health (a Ziff Davis company as of 2025), it extends reach into lifestyle and wellness while covering tech trends like AI and gadgets.[5][7]
theSkimm's path forward likely involves deeper tech integration—leveraging AI for personalization, expanding app features, and growing premium subscriptions amid a maturing newsletter economy—while navigating media consolidation under its parent company.[1][3][5][7] Trends like audio content boom, female-led consumer shifts, and routine-embedded info tools (e.g., health-tech tie-ins) will shape it, potentially evolving influence from niche news curator to full-lifestyle platform.[3][7] As digital media demands trusted voices, theSkimm's audience-owned model positions it to sustain growth, empowering women in an increasingly complex world—just as it redefined news accessibility from day one.[2][3]
theSkimm has raised $28.0M across 4 funding rounds. Most recently, it raised $12.0M Series C in March 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2018 | $12.0M Series C | Future Perfect Ventures, RRE Ventures | |
| May 1, 2016 | $8.0M Series B | Future Perfect Ventures, RRE Ventures | |
| Dec 1, 2014 | $6.0M Series A | Future Perfect Ventures, RRE Ventures | |
| Apr 1, 2014 | $2.0M Seed | ACME Capital, Catapult Capital, Collaborative Seed & Growth Partners, Compound, Deep Fork Capital, Founders Fund, Future Perfect Ventures, Harrison Metal, Innospark Ventures, iNovia Capital, Kleiner Perkins, LearnLaunch Accelerator, LightShed Ventures, Luv Ventures, RRE Ventures, Speedy Packets Inc., Summit Partners, TQ Ventures, Trajectory Ventures, Vayner RSE, Adrian Aoun, Dave Balter, Saad AlSogair |