Summly
Summly is a web platform and smartphone app that provides algorithmically-generated summaries from thousands of sources.
Summly has raised €1.4M across 2 funding rounds from 1 investor, most recently a round in Oct 2012. Based in London, UK; founded 2007; active in Media. Data as of 28 Oct 2026.
Total raised
€1.4M
€1,377,000
Funding rounds
2
Investors
1
distinct backers
Active since
2011-09
latest 2012-10
Funding by year
EUR raised per yearSummly — funding by year — interactive chart.
Data table
| Summly — funding by year | |
|---|---|
| 2011 | €270k |
| 2012 | €1.1M |
Signals
High confidenceRaise-next likelihood6
base rate 30% for Other
- ▼ Dormant (no round in 3+ cohort gaps)
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood4
base rate 11% (2+ rounds)
- ▼ Old (19y) — past typical exit age
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2012-10-01 | Other | €1.1M | Joshua Kushner | View deal → |
| 2011-09-01 | Other | €270k | — | View deal → |