Summly
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Overview
Simple, intuitive and elegant. Summly redefines news for the mobile world with algorithmically generated summaries from thousands of sources. Innovative gestures, animations and great summaries make reading the news fun: easy to use, easy to scan, easy to read, clear and concise.
Nick D'Aloisio launched Summly in December 2011 as a tech summarization prototype that garnered significant interest worldwide. With backing from Horizons Ventures, and help from many NLP and AI experts around the world, Nick and the Summly team have been able to further develop summarization technology, the first result being the new Summly mobile news app.
About
Industries
Mobile, News, iOS, Artificial Intelligence (AI), Apps
Founded
2011
Employees
1-10
Headquarters locations
Europe
Social
N/A
Profile Resume
Summly headquartered in Europe, operates in the Mobile, News, iOS, Artificial Intelligence (AI), Apps sector. The company focuses on Mobile and has secured $61.2M in funding across 40 round(s). With a team of 1-10 employees, Summly is actively contributing to advancements in Mobile. Their latest funding round, Seed Round - Summly, raised $300.0K. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
Funding rounds
2
Investors
3
Lead Investors
0
Total Funding Amount
$1.5M
Details
1
Summly has raised a total of $1.5M in funding over 1 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2011 | Seed | 300.0K |
Investors
Summly is funded by 10 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Summly | - | FUNDING ROUND - Summly | 1.2M |
| A-Grade Investments | - | FUNDING ROUND - A-Grade Investments | 1.2M |
| Summly | - | FUNDING ROUND - Summly | 300.0K |
| Audrey Capital | - | FUNDING ROUND - Audrey Capital | 300.0K |
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