5 years ago
Zephr Raises $8 Million to Help News Publishers Grow Subscription Revenue
Zephr, a London-based startup that helps news publishers grow subscription revenue, has raised $8 million in a Series A funding round led by Bertelsmann Digital Media Investments
The company's customers include McClatchy, News Corp Australia, Dennis Publishing and PEI Media
Zephr's no-code tool allows non-technical members of the marketing, revenue and product teams to create different customer journeys, driving an average 150% increase in conversion rates and 25% increase in subscription revenue within the first six months
The new funding will go toward further product development, as well as expansion across the United States, Europe and Asia.
ProblemMedia and Entertainment
"news publishers struggle to convert readers into paying subscribers"
Solution
"Zephr's no-code tool helps publishers create personalized customer journeys to increase conversion rates and subscription revenue"