System1

System1

Builds online brands using data science

About System1

Simplify's Rating
Why System1 is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Consumer Software

Cybersecurity

Company Size

201-500

Company Stage

IPO

Total Funding

$262.6M

Headquarters

Toronto, Canada

Founded

2013

Overview

System1 builds and grows online brands and businesses using technology, data science, and digital marketing. It operates in various sectors such as search, health, automotive, and entertainment, serving both consumers and business partners. The company attracts a large audience of 120 million monthly visitors through its tech platform, which focuses on privacy-friendly products like search engines and mapping tools. System1 generates revenue primarily through advertising, earning $1 billion for itself and its partners. What sets System1 apart from competitors is its commitment to consumer needs and privacy, along with a strong emphasis on product development and data science, with half of its 300 employees dedicated to these areas. The goal of System1 is to provide valuable online services while driving growth and revenue for both itself and its partners.

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Simplify's Take

What believers are saying

  • System1's privacy-friendly offerings align with increasing data privacy regulations.
  • The rise of AI in SEO presents opportunities for System1 to improve search capabilities.
  • Subscription-based models offer potential revenue streams for System1's services.

What critics are saying

  • Increased competition in privacy-focused search engines could impact System1's market share.
  • Reliance on advertising revenue makes System1 vulnerable to regulatory changes.
  • Strategic shifts may occur due to the sale of Total Security and leadership changes.

What makes System1 unique

  • System1 excels in privacy-friendly products, meeting growing consumer demand for privacy.
  • The company leverages AI-driven content personalization to enhance user engagement.
  • System1's robust tech platform combines data science and digital marketing effectively.

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Funding

Total Funding

$262.6M

Above

Industry Average

Funded Over

2 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Great compensation

401(k) company match

Excellence benefits

Charitable gift matching

Education subsidy

Referral bonus

Weekly happy hour

Catered lunches & free snacks

Weekly workouts

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Research Live
Jan 14th, 2025
Tristan Findlay joins System1 in innovation role

UK - Advertising creative effectiveness platform System1 has appointed Tristan Findlay as managing director of innovation.

Street Insider
Apr 27th, 2024
System1 (SST) Appoints Charles Ursini to its Board

On April 23, 2024, the Board of Directors (the "Board") of System1 (NYSE: SST) appointed Charles Ursini, who was recently appointed to serve as a Class II director, as the Company's President and Chief Operating Officer, in addition to continuing to serve on the Company's Board.

City A.M.
Apr 16th, 2024
System1 to resume dividends after topping profit forecasts

Digital marketing platform System1, which is partnered with Pinterest, is set to resume paying shareholders a dividend after it beat market expectations for the full year.

LBB Online
Jan 17th, 2024
System1 Launches Test Your Distinctive Assets+

That's why System1, The Creative Effectiveness Platform, today launched its new Test Your Distinctive Assets+ product, the first and only solution that measures Feeling to understand the emotions evoked by distinctive assets with life, such as fluent devices.

System1
Jan 9th, 2024
Built In Selects System1 as 2024 Best Places to Work Winner

LOS ANGELES, Jan. 9, 2024 - Built In announced today that System1, an omnichannel customer acquisition platform, was selected as one of its 2024 Best Places to Work winners.

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