Tyra Banks, Shonda Rhimes and Other Female Investors Back theSkimm's Latest Funding

Willow Bay and Jesse Draper are also investors

Newsletter and media company theSkimm, made popular by its millions of fans, or so-called Skimm’ers, completed its $12 million Series C funding thanks to a group of nearly all female investors.

New investors include Tyra Banks, Willow Bay, Jesse Draper of Halogen Ventures, Shonda Rhimes, Linnea Roberts and Hope Taitz in addition to Goldman Sachs Group, Inc. and Michael Karsch of Juice Press.

“From the onset, theSkimm’s smart, speedy, and most importantly FIERCE approach to current events and world news got my attention,” Banks said in a statement.

TheSkimm, which launched in 2012, started as a daily newsletter that summarized top news stories in an easily digestible and informal way.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in