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Unwell media company reaches $500 million valuation
Unwell, the media company founded by Alex Cooper and Matt Kaplan, has secured its first outside investment. The transaction values the company at a $500 million pre-money valuation.
The funding was provided by WTSL, a media, entertainment, and sports investment firm led by Patrick Whitesell and Jason Lublin. WTSL is backed by the private equity firm Silver Lake. The specific amount of the investment and the resulting ownership structure have not been disclosed.
This development follows several major deals for Cooper, including a $60 million agreement with Spotify in 2021 and a reported $125 million deal with SiriusXM in 2024.
Entities
Alex Cooper · Matt Kaplan · Silver Lake · Unwell · WTSL
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The investment was provided by WTSL, a firm led by Patrick Whitesell and Jason Lublin. internewscast.com
- [○ 1 SOURCE] Alex Cooper signed a SiriusXM deal reportedly worth up to $125 million in 2024. internewscast.com
- [○ 1 SOURCE] Alex Cooper signed a $60 million deal with Spotify in 2021. internewscast.com
- [○ 1 SOURCE] WTSL is backed by the private equity firm Silver Lake. internewscast.com
- [○ 1 SOURCE] Unwell secured its first outside investment at a $500 million pre-money valuation. internewscast.com