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beehiiv π
your newsletter architect
setting the scene
this week, you may notice things are looking a little different in your inbox
we underwent some renovations π¨
our newly designed newsletter makes it even easier and faster to read your weekly bulletpitch
curious to know the architect behind our revamp? this week's company is all the buzz
in a sentence
beehiiv is a newsletter platform that provides tools for creators to send out customized content and scale their audiences
platform: write content, distribute via email and a web feed, and receive analytics for each post
customize: personalize every component of the newsletter for a differentiated design
scale: custom tools like referral programs and subscriber segmentation help creators understand and grow their audiences
bulleted version: ever wonder how newsletters get to your email? beehiiv pollinates your inbox with your favorite content (like bulletpitch) π
the basics
industry: creator economy, publishing, media & entertainment
headquarters: New York, NY π
year founded: 2021
company size: < 10 employees πΌ
investors: Social Leverage, 35V, Company Ventures, Scott Galloway, Adam Ryan, Adventure Fund, Anna Palmer, Ben Kaplan, Brian Morrissey, Elliot Tebele, Bullish Studio, Creator Rising, Creator Ventures, Jake Sherman, Jason Yanowitz, Rabil Ventures, Spice Capital Advisors
amount raised: 2.6m
stage: seed π±
due diligence
what we like
πunbeelievable innovation: several new features are added to the platform every month
beehiiv's ambitious product roadmap demonstrates an understanding of creators' needs and a value for customer feedback
βοΈnewsletter market: newsletters are fueling the creator economy as an effective way to connect writers and audiences
last year, 87% of publishers increased newsletter investment
πbuilt for growth: content writers are joining beehiiv by the thousands, and the platform's growth-focused features are a key differentiator
we're particularly excited about the referral program (more to come π)
potential risks
π°betting on migration: dozens of newsletter senders exist today
with low switching costs, beehiiv will have to sell their strengths and continue catering to creators' needs to grow the platform
π°making the switch: while switching from a competitor is a quick process, creators lose previous analytics and must adjust to platform differences
π²pricing: beehiiv lets newsletter writers keep 100% revenue from paid subscribers, challenging Substack's model
will subscription revenue be enough to sustain the company's top line?
weekly cartoon
in partnership with
there are nearly 30,000 restaurant owners in the US alone
too many of these entrepreneurs use old-school ways to order from various suppliers (think fax machine, pen and paper, and phone calls), which is time-consuming, error-prone, and often leaves the restaurant with excess supply
Choco, the recent unicorn operating in markets across Europe and the US, is here to provide the all-in-one platform to streamline communication and order management between restaurants and suppliers
founder profiles
Tyler Denk (prev. @ YouTube Music, Morning Brew)
Benjamin Hargett (prev. @ Morning Brew)
Jacob Hurd (prev. @ Morning Brew, The N2 Company)
comps
why beehiiv: advanced newsletter customization, a referral program, superior analytics, and no fee for paid content
sign us up! oh wait...we're already here π