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Otherweb raised $1.7 million through equity crowdfunding to develop its AI news aggregation app and tools, led by SCUF Gaming founder Duncan Ironmonger.

Oct 17, 202411 months ago

Amount Raised

$1.7 Million

Round Type

seed

Round Rock

Investors

Duncan Ironmonger

Description

Otherweb has secured $1.7 million in funding primarily through the equity crowdfunding platform DealMaker. The funding will help enhance its news aggregation app and tackle misinformation in the media.

Company Information

Company

Otherweb

Location

551 S I-35 Frontage Rd, Unit 330

Round Rock, Texas, United States

About

Welcome to the first information-centered platform in the world! Read high-quality news, search the web, listen to longform podcasts, and get your information-fix in one place without junk, clickbait, eye catchers, link farms, paywalls, and other forms of digital noise.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers