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Rocanews Raises $4.4M And Acquires River To Build Social Newstech Company

Jan 19, 2022over 3 years ago

Amount Raised

$4.4 Million

Round Type

seed

Description

RocaNews closed a $4.4M seed round and acquired newstech company River to facilitate its mission to democratize the news. Roca will combine a booming online platform with AI and Web3 technology to eliminate partisanship and deliver factual and engaging content to viewers.

Company Information

Company

Roca News

About

RocaNews launched late 2020 with a mission to make the news easy, fact-first, and enjoyable. The three co-founders quit their jobs to build a better alternative to out-of-touch and partisan legacy news outlets, particularly for Gen Z and Millennials who are increasingly disengaged from the news. Roca delivers its content via social media (@RideTheNews on Instagram) and email to its growing audience of more than a million readers. Now, with this capital and a first-class tech team, Roca aims to build the dynamic tech platform that gamifies the news experience and provides digestible information to users. Newstech will become a huge space, and Roca intends to lead it.