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