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Listory

Listory, a newsletter curation app created within the content recommendation company Outbrain, is launching this week, executives tell Axios.

Why it matters: As the newsletter craze expands, it makes sense that entrepreneurs are looking for ways to help users streamline their inboxes.

Details: Listory was founded in March 2020 by Outbrain executives Yaniv Gilad, Listory's CEO, and Yaron Galai, its Active Chairman, after completing a management buyout from Outbrain.

  • The company has raised $4 million in seed funding round led by Viola Ventures, Globis Capital and Rhodium. It currently has 7 full-time employees.
  • The app aims to serve as a content refinery system for newsletters. It currently has more than 1,000 newsletters featured within Listory.
  • Listory has a free version, as well as a premium subscription that costs $5 a month. The premium version offers users advanced curation and reading features and an ad-free experience.
  • The company plans to make money through a mix of ad and subscription revenue.

Yes, but: Paywalled newsletters aren't being featured on Listory because the app can't get their content.

  • Listory will be available via an app on iOS and Android and will have a desktop-accessible website. Users can use the personalized app to filter through content, or they can also receive a customized daily curation email of their newsletters.
  • It also plans to help users sort through other types of content by making recommendations to users based off of newsletters and other users or curators that it wishes to follow.
  • It recommends stories from within newsletters based on what newsletter writers users recommend, helping sort through overlap between newsletters.

As part of the app launch, Listory is paying users to help test its content recommendations to test through what it's calling the "Listory Challenge."

  • The company is asking users if the first story they see is actually the best for them. If not, they can submit a better story that they’ve found elsewhere.
  • For each submission, they get a $.10 credit to their account to eventually allow them to subscribe to a media outlet of their choice from within the app.

The bottom line: "We think newsletters very exciting part of media today, but there's no mechanism for curating and refining what's happening in newsletters," says Galai.

  • "There's an endless feed of stuff coming out you online. The idea Listory is take as many of signals about what might be interesting and refine until you get to handful of items that are the best use of your time."

What's next: The goal is eventually for Listory to build a way to help paid newsletters monetize while gaining more subscribers and readers.

Go deeper

Jan 26, 2021 - Technology

Twitter acquiring newsletter publishing company Revue

Illustration: Aïda Amer/Axios

Twitter on Tuesday said it has acquired Revue, a newsletter platform for writers and publishers.

Why it matters: The deal marks Twitter's first step into building out long-form content experiences on Twitter, and its first foray into subscription revenue.

1 hour ago - World

Biden freezes U.S. arms deals with Saudi Arabia and UAE

Trump struck several large arms deals with Mohammed bin Salman (L) and Saudi Arabia. Photo: Kevin Dietsch-Pool/Getty Images

The Biden administration has put on hold two big arms deals with Saudi Arabia and the United Arab Emirates which were approved in the final weeks of the Trump administration, a State Department official tells Axios.

Why it matters: The sales of F-35 jets and attack drones to the UAE and a large supply of munitions to Saudi Arabia will be paused pending a review. That signals a major policy shift from the Trump era, and may herald sharp tensions with both Gulf countries.

Dan Primack, author of Pro Rata
2 hours ago - Podcasts

Robert Downey Jr. launches VC funds to help save the planet

Robert Downey Jr. on Wednesday announced the launch of two venture capital funds focused on startups in the sustainability sector, the latest evolution of a project he launched two years ago called Footprint Coalition.

Between the lines: This is a bit of life imitating art, as Downey Jr. spent 11 films portraying a character who sought to save the planet (or, in some cases, the universe).

You’ve caught up. Now what?

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