Pegasus Capital advises NewsWhip Media on $13m funding round led by Ashgrove Capital

NewsWhip Media Limited (“NewsWhip”) has developed a SaaS platform focused on predictive media monitoring. 

Its clients include leading global brands such as Google, The New York Times, Samsung and the BBC.   The company wished to raise primary capital to fund the expansion of the business across a number of areas, including sales, marketing and product, which is expected to lead to 50% growth in its current headcount of 71 employees over the next two years.

Pegasus advised the board of NewsWhip on the debt and equity funding options open to the company, culminating in it raising $13m in debt funding from Ashgrove Capital, a London-based technology-focused credit fund.

newswhip.com
Year: 2023
Sector: Software
Terms: $13m funding round

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