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Young Women's Newsletter TheSkimm Gets $6.25M

TheSkimm an enewsletter for young women, just raised $6.25 million in financing from investment firms RRE, Homebrew, Greycroft Partners, and Chelsea Handler, among other investors. “TheSkimm has grown to more than a million active readers who digest the newsletter’s informal, sometimes flip, tone,” The New York Times writes. “The newsletter’s average open rate … stands at about 45 percent … and the company now generates revenue via sponsorships from the likes of the National Basketball Association and Turner Sports.”

Read the whole story at The New York Times »

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