Dealflow | June 23, 2017

A dozen media startups get seed funding from Matter Ventures

The team at


Media accelerator and investor Matter has selected a dozen businesses in New York and San Francisco for its five-month program.

Ideas selected include Purple, a platform for media consumers to ask questions and have conversations with journalists; The Establishment, a publishing outlet for underrepresented writers and reporters; and Graffiti, a data visualization resource.

Each startup gets $50,000 in seed funding plus $75,000 to cover the program costs.

Matter’s manifesto exhorts “the seeds of the next great media institutions will be planted this year by courageous entrepreneurs who make the leap to build ventures that speak truth to power, close the empathy gap, and take a radically inclusive approach to amplifying the voices of all people.”