What is Dailybreak?
Breaktime Media, operating under the Dailybreak brand, offers a diverse array of interactive content such as games, articles, and quizzes. These offerings span across entertainment, lifestyle, and family-oriented topics, designed to captivate and engage users. The platform also incorporates sweepstakes and other interactive activities to enhance user participation and build a community around shared interests. Dailybreak aims to provide individuals with enjoyable and informative content that enriches their daily lives.
How much funding has Dailybreak raised?
Dailybreak has raised a total of $10.5M across 3 funding rounds:
Private Equity
$3.1M
Private Equity
$7M
Debt
$350K
Private Equity (2011): $3.1M with participation from Charles River and Highland Capital Partners
Private Equity (2012): $7M led by Charles River, Highland Capital Partners, and GSV Capital Corp.
Debt (2020): $350K supported by PPP
Key Investors in Dailybreak
Charles River
Charles River is a firm dedicated to accelerating the development of drugs, chemicals, and medical devices. Their integrated approach supports clients from basic research through to commercialization, ensuring maximum speed and confidence in bringing products to market.
Highland Capital Partners
Highland Capital Partners is a venture capital firm that invests in entrepreneurs and innovative startups, managing $7 billion in assets. They focus on a long-term partnership approach to help startups achieve their growth objectives.
GSV Capital Corp.
SuRo Capital Corp. (formerly GSV Capital Corp.) is a publicly traded investment fund that invests in high-growth, venture-backed private companies, aiming to provide investors access to these emerging companies.
What's next for Dailybreak?
With the recent major strategic investment, Dailybreak is poised for accelerated expansion. The company's focus on user engagement through interactive content and sweepstakes positions it well to capitalize on evolving digital media consumption trends. Future strategies will likely involve enhancing its content portfolio, expanding its user base, and potentially exploring new monetization avenues. The enterprise-level funding context suggests a strategic push towards scaling operations and solidifying its market presence.
See full Dailybreak company page