The world took a double take at the potential of newsletters after Substack started to blow up a few years ago. Lightspeed Venture Partners is leading this round with Social Leverage, Creator Ventures, Blue Wire Capital, and Contrarian Thinking Capital also participating. The premise of beehiiv (styled with a lower "b") is pretty simple: Tyler Denk, the co-founder and CEO, believes that while social media is where writers and other creators may have made their names, email with its estimated 4.4 billion users overall remains the most lucrative channel for communicating and building more audience.
beehiiv, a newsletter platform, gets $12.5M in its inbox techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.