Matter raises $7 million Series A to build a better reading app

Matter raises $7 million Series A to build a better reading app

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/06/matter-raises-7-million-series-a-to-build-a-better-reading-app/

A startup called Matter, which aims to build a better reading app for today’s internet, is launching out of private beta testing and announcing the close of its $7 million Series A, led by GV (formerly Google Ventures.) The app enters a space where technologies for saving articles to read later, like Instapaper and Pocket, have lagged behind how people are now consuming online reading — through newsletters, personalized recommendations in other apps, or through suggestions from peers on social platforms, for example. And people don’t only want to consume reading material as text — they want to listen to articles as audio, highlight key points, and discuss with fellow readers.

The frustrations with the current set of reading apps drove Matter co-founders Ben Springwater and Robert Mackenzie — who met while working at Nextdoor — to take on the challenge of building a new tool for online reading.