6AM City, a local daily newsletter company based in Greenville, announced Feb. 2 it closed its series A funding round led by TEGNA Inc., a media company based in Tysons Corner, Virginia.
The funding round was also supported by follow-on investments from existing stakeholders including American Investment Holdings, VentureSouth and Harbright Ventures.
TEGNA’s investment in 6AM includes:
- Collaboration between both companies to launch newsletters in additional markets.
- Adding news and weather from TEGNA’s local broadcast stations to 6AM’s daily newsletters in overlapping markets.
- Promoting morning newscasts and integrating local sports headlines from Locked On, TEGNA’s network for local sports.
“We are excited to partner with such a highly regarded local broadcast group whose values align so directly with ours,” said 6AM City CEO Ryan Johnston. “This partnership with an established and trusted network of local news and sports content brands across the country will accelerate our reach and ability to innovate across platforms.”
6AM City also announced its next expansion market will include Charlotte, North Carolina (CLTtoday), which will launch March 2024.
Since its inception in 2016, 6AM City has grown to more than 1.3 million subscribers in 26 U.S. cities across South Carolina, North Carolina, Tennessee, Florida, Kentucky, Missouri, Virginia, Wisconsin, Indiana, Oregon, Washington, Massachusetts, Texas and California.
