theSkimm

theSkimm

Digital media company simplifying news for professionals

About theSkimm

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

Industries

Consumer Goods

Entertainment

Company Size

51-200

Company Stage

Series C

Total Funding

$38.9M

Headquarters

New York City, New York

Founded

2012

Overview

theSkimm simplifies news and information for busy professionals, especially women, who want to stay informed without spending too much time on traditional news sources. Its main product is the Daily Skimm, a morning newsletter that provides a brief summary of the most important news stories, making it easy for subscribers to start their day informed. In addition to the newsletter, theSkimm offers podcasts and guides on various topics like career advice and financial planning. Unlike many competitors, theSkimm focuses on creating content that is quick to read and easy to understand, catering specifically to the needs of its audience. The company's goal is to help its users engage with important topics in a straightforward way while generating revenue through advertising, sponsored content, and partnerships.

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Simplify's Take

What believers are saying

  • Increased focus on women's health aligns with theSkimm's mission to empower women.
  • The #ShowUsYourChildCare campaign expands coverage on family support and workplace policies.
  • The 'State of Women' report provides content opportunities on women's evolving societal roles.

What critics are saying

  • Recent layoffs may indicate financial instability, affecting morale and productivity.
  • Competition from companies like Ōura could divert attention from theSkimm's core offerings.
  • The trend of women leaving the workforce could reduce theSkimm's target audience.

What makes theSkimm unique

  • theSkimm offers concise, non-partisan news tailored for busy women professionals.
  • The company integrates seamlessly into daily routines with newsletters and podcasts.
  • theSkimm's initiatives like Skimm Impact focus on empowering women and driving social change.

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Funding

Total Funding

$38.9M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$12M
theSkimm
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Unlimited Paid Time Off

Hybrid Work Options

Health Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Parental Leave

Bereavement Leave

Fitness Membership Reimbursement

Commuter Benefits

Sabbatical Leave

Family Planning Benefits

Fertility Treatment Support

Professional Development Budget

Conference Attendance Budget

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

4%
Business Wire
May 1st, 2024
Ōura Announces Be The Expert In You Campaign To Promote Body Literacy For Women

SAN FRANCISCO--(BUSINESS WIRE)--In honor of Women's Health Month, ŌURA, maker of Oura Ring, the most accurate and trusted smart ring, today launched Be the Expert in You, a month-long, multi-channel campaign dedicated to giving every woman's body a voice. The Finnish company has been steadily adding to its slate of women's health features and research since 2021 and, throughout the month of May, will be introducing additional features, innovative studies, and personal stories from both employees and members to promote body literacy for women of all ages. Be the Expert in You marks the latest development in Oura’s commitment to delivering products and research that are designed for women and provide a holistic approach to health. This is the most recent of many women's health investments from the company, including the launch of its Pregnancy Insights feature, the publication of trailblazing fertility research with the University of California, Berkeley, and the first wearable integration with FDA-cleared birth control app Natural Cycles. “Female health conditions receive only one percent of global healthcare research funding, which has created a significant knowledge gap that hinders women from fully understanding basic information about their bodies,” said Dr. Neta Gotlieb, product manager for women’s health at Oura

Adweek
Dec 13th, 2023
theSkimm Cuts 10% of Staff, Its Third Round of Layoffs This Year

News and lifestyle media company theSkimm laid off 12 employees in late November, or roughly 10% of its workforce, in the latest of a series of headcount reductions sweeping the media industry, according to three people familiar with the situation.

The Skimm
Nov 17th, 2023
theSkimm's SKM Lab brings the holiday season to life at Brookfield Place, with larger-than-life festive displays and sweet treats for shoppers

November 17, 2023 (New York, NY) - theSkimm, a mission-driven digital media company, announced its first-ever Winter Wanderland, an IRL series of interactive installations that nod at the seasonal fun and cheer visitors can only experience at Manhattan's most iconic shopping destination, Brookfield Place.

Benefit News
Aug 18th, 2023
It takes a village: Benefits for the whole family

To get even more employers to celebrate the support they're offering to employees, and push others to do more, theSkimm and Moms First launched their campaign, #ShowUsYourChildCare, which asks companies to share how they support their working parents.

Mompreneur Media
Jul 20th, 2023
Newswire news

Additionally, the Coalition works to increase transparency around child care policies and amplify first-movers, including through its recently launched #ShowUsYourChildCare campaign in partnership with theSkimm.

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