capital · May 19, 2026
Substack Challenger Beehiiv Expects Revenue to Nearly Double to $50 Million in 2026
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Beehiiv CEO and co-founder Tyler Denk told Reuters the company expects to nearly double annual revenue to $50 million this year. The startup has raised about $49.7 million in total funding since its 2021 launch and was last valued at $225 million. Backed by New Enterprise Associates and Lightspeed Venture Partners, Beehiiv has attracted more than 130,000 publishers including TIME and TechCrunch. Profitability is not expected until 2027.
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