System1

company

About

System1 fuses technology and science to identify & unlock consumer intent.

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$400M
Industries
Advertising,Advertising Platforms,Content Creators,Data Visualization,Information Technology,Predictive Analytics
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
nyse:SST
Legal Name
System1 LLC
Also Known As
OpenMail

We use our best-in-class technology platform and marketing capabilities to build and grow brands and businesses in three areas: Publishing, Search and Applications & Services.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$1.43B
System1 has raised a total of $1.43B in funding over 2 rounds. Their latest funding was raised on Jan 28, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 28, 2022 Post-IPO Debt $400M 1 BofA Securities Detail
Jan 28, 2022 Post-IPO Equity $250M 1 Cannae Holdings Detail
Jan 28, 2022 IPO $518M Detail
Sep 20, 2017 Private Equity(PE) $270M 2 Court Square Capital Partners Detail

Investors

Number of Lead Investors
Number of Investors
3
4
System1 is funded by 4 investors. BofA Securities and Cannae Holdings are the most recent investors.
Investor Name Lead Investor Funding Round
BofA Securities Yes Post-IPO Debt
Cannae Holdings Yes Post-IPO Equity
Court Square Capital Partners Yes Private Equity(PE)
The Raine Group Private Equity(PE)

Employee Profiles

Number of Employee Profiles
15
System1 has 15 current employee profiles, including Executive Michael Blend
Executive
Executive
Board member
Board member
Executive

Acquisition

System1 has acquired 3 organizations. Their most recent acquisition was InfoSpace on Jul 6, 2016. They acquired InfoSpace for $45M.

Date Company Name
Industry Acquisition Type Price
Jul 6, 2016 InfoSpace
Internet acquisition $ 45M Detail
Feb 16, 2020 Waterfox
Internet acquisition Detail
Mar 4, 2022 CouponFollow
Advertising acquisition Detail