Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 4 sources · 8 days · First seen · Last updated
Unwell Media investment and valuation
Overview
Unwell Media, a Gen Z-focused media company co-founded by Alex Cooper and Matt Kaplan, has secured its first outside investment, reaching a $500 million pre-money valuation.
The funding was provided by WTSL, an investment firm led by Patrick Whitesell and Jason Lublin, which is backed by the private equity firm Silver Lake. While the specific investment amount and final ownership structure were not disclosed, Cooper and Kaplan are expected to retain majority ownership.
Since its founding in 2023, the company has been self-funded and reported being profitable since inception. Unwell Media intends to use the new capital to accelerate expansion through acquisitions and additional investments. The company’s platform includes the flagship ‘Call Her Daddy’ podcast, a podcast network, television, streaming, and live events, with an audience that is 89% female.
Entities
Alex Cooper · Matt Kaplan · WTSL · Silver Lake · Unwell
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Unwell secured its first outside investment at a $500 million pre-money valuation. internewscast.com
- [○ 1 SOURCE] The investment was provided by WTSL, a firm led by Patrick Whitesell and Jason Lublin. internewscast.com
- [○ 1 SOURCE] WTSL is backed by the private equity firm Silver Lake. internewscast.com
- [○ 1 SOURCE] Alex Cooper signed a $60 million deal with Spotify in 2021. internewscast.com
- [○ 1 SOURCE] Alex Cooper signed a SiriusXM deal reportedly worth up to $125 million in 2024. internewscast.com
Timeline
-
7 days ago
[BUSINESS] 4 sourcesUnwell media company reaches $500 million valuationAlex Cooper’s media company, Unwell, has secured its first outside investment at a $500 million pre-money valuation from WTSL.
-
15 days ago
[BUSINESS] 2 sourcesUnwell Media reaches $500 million valuation after first outside investmentAlex Cooper’s Unwell Media has reached a $500 million valuation following its first outside investment from Patrick Whitesell’s WTSL firm.
Sources
brisbanetimes.com.au · internewscast.com · m.smh.com.au · theage.com.au