beehiiv recently raised $1.6M to expand headcount and accelerate product development. This raise extends their seed round from October of 2021, bringing in the total raised to date at around $4.2M.
Post-launch in November 2021, beehiiv has grown 30% plus MoM revenue and should exceed $1M ARR before the end of this year. Proceeds will be used to expand sales and marketing efforts in the enterprise market, and pilot an ad network with select publishers and brand partners.
beehiiv is led by Morning Brew alum CEO Tyler Denk, and based in New York City. Their mission is to be the best place for creators and publishers to monetize their work, and offers a robust, easy to use, newsletter publishing experience. Learn more here.
