as of april 2017, the company had raised $52 million in funding from investors, including lightspeed venture partners, lerer ventures, advancit capital, red swan ventures, the john s. and james l. knight foundation, time warner investments, kyu collective and you & mr jones. the company has not disclosed its valuation, though the wall street journal reported in april 2017 that it was “in the range of the ‘mid hundreds of millions’ of dollars.”