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Below the Fold (formerly Acciyo) isn't accepting new investments

Below the Fold (formerly Acciyo)’s deadline was July 16, 2020

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Below the Fold (formerly Acciyo)

AI-powered desktop extension that puts news in context
Women Founders Media Production & Curation News & Journalism B2C Subscription AI & Machine Learning
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Featured image of Below the Fold (formerly Acciyo)
$147,063
Raised
616
Investors
Successfully funded and closed on July 16, 2020.
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Pitch Updates 4 Reviews 168
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by acciyo, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Below the Fold (formerly Acciyo) Crowd SAFE Acciyo Form C-A 04.27.2020.pdf
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Hear from some of the 616 investors in Below the Fold (formerly Acciyo)


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Highlights


Leading VC-backed
Company is backed by a leading VC firm
  • AI-driven context for news articles
  • Allows readers to understand the history of a topic
  • 200+ private beta users; public beta launching Q1 2020
  • Top 5 product of the day on Product Hunt
  • 600K+ article database
  • $300K raised to date (Unshackled Ventures, Dorm Room Fund, Rough Draft)
  • Exclusive access to Ballotpedia content for upcoming election season

Problem


Understanding news is difficult and time consuming

Reading the news today is like opening a book at chapter three: You’re suddenly thrown into the middle of the story, not knowing the characters mentioned or how we even got to this point.

During our research at MIT, it became clear that readers crave more, not less, context, without spending hours trying to discover it. Turning to Google only returns repeat results highlighting the same update published in the past 24 hours, ultimately leading to tab hell as you go back-and-forth attempting different search queries. 

Solution


Acciyo: putting news in context

Acciyo uses machine learning to provide readers with automatic context. As you’re reading a news article in Google Chrome, we populate a timeline of articles previously published on the topic you’re currently reading — sort of like the previous “chapters” of a news story.

So even if a story makes headline news today, you can go back in time and uncover when it all started and who has been saying what since. Acciyo makes it easy to be an informed citizen … and make you feel like you've been following along the whole time!

Product


News made simple

From the user’s perspective, we operate as a Google Chrome extension. Acciyo appears on the upper right corner of your screen, and a user simply needs to begin reading a news story. From there, Acciyo uses natural language processing (NLP) to populate an interactive timeline of everything published on the subject, including quick summaries of key people and places to make it easier to understand. 

As readers continue using our platform, their news will soon become tailored to their individual context needs and specifications. 

Traction


600K+ article database

Our beta launch on Product Hunt quickly grew to be a Top 5 product of the day. We have surpassed 200+ users and have secured partnerships with Ballotpedia and other content creators. We have a constantly growing database of articles, which counts 600K+ as of today. 

Customers


Engaging interested readers

There’s a big disconnect between what publishers provide and what consumers need. In fact, 4 in 10 Americans read stories in-depth more than once a day. Acciyo allows these readers to easily go deeper into topics and find the context they crave without ending up down a rabbit hole of tab hell. 

Business model


Freemium subscription

Acciyo currently exists as a free web tool, and will soon evolve into a freemium subscription model. As interest in Acciyo grows, we will offer a variety of different subscription levels for our readers. Each tier will offer different benefits, starting with personalized timelines at $5/mo.

Market


68M U.S. news readers

Our current solution targets the 7M U.S. adult readers who pay for at least one news subscription and read on their desktop. As we learn from these users, we’ll evolve our product features, functionality, and offering for all news readers in the U.S. 

Competition


Dominating the desktop

Acciyo is currently the premium desktop extension for personalized news sources offering summarized explanations of people, events, and places. We’ve focused on the desktop because research shows that mobile phone readers are mainly scrollers, while desktop users are more active readers in that they open more tabs while researching. In addition, we’re working on a feature prototype that allows readers to navigate their own news diet, sort of like a spend tracker on your credit card. 

Vision and strategy


An easier way to navigate your news

With the funds raised, we can focus on executing our 2020 plans and build a roadmap to our ultimate goal of reaching 45M desktop readers by 2023. By then, our full product suite will include contextual recommendation systems and a mobile companion for readers on the go. 

Funding


Raised $300K to date

We've raised over $300K to date from Unshackled Ventures, Dorm Room Fund, and Rough Draft Ventures. We've received non-monetary resources and support from a number of prominent organizations. 

Founders


Acciyo is a fully female-founded team with roots in media and technology




Anum Hussain, Co-Founder & CEO
Recovering journalist turned product marketer

  • Started career at Boston Globe
  • Spent five years from startup to IPO at Boston-based HubSpot; was product and growth marketer who helped launch company's first browser plugin and move into sales market
  • Spent two years at MIT addicted to using technology to improve news experience
Vivian Diep, Co-Founder & CTO
Computer science and finance

  • Viral communications department at MIT Media Lab
  • Tackled future of news projects while at Media Lab through lens of data visualization and AI for major media companies such as Bloomberg, Univision, and more
  • Formerly co-founded Deepstream, a startup providing context for news live streams

Deal terms


Valuation cap

$3,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$50

The smallest investment amount that Below the Fold (formerly Acciyo) is accepting.
Learn more

Funding goal

$1.07M

Below the Fold (formerly Acciyo) must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Below the Fold (formerly Acciyo) needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by acciyo, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Below the Fold (formerly Acciyo) Crowd SAFE Acciyo Form C-A 04.27.2020.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Below the Fold (formerly Acciyo).
Invest
$100
Receive
  • Shoutout on social media & website
Invest
$500
Receive
  • All the above
  • Acciyo magic wand pencil
  • Acciyo butterbeer chapstick
Invest
$5,000
Receive
  • All the above
  • 6-months subscription to newspaper of choice
  • Sit-in on "writers' room" call for our Below the Fold newsletter
2 investors
Invest
$10,000
Receive
  • All the above
  • Chance to name one of our future products
  • Behind-the-scenes look at the company
  • Dinner with the co-founders (LA)
  • Limited (3 left of 5)

Why others invested

See all reviews (0) See all (0)

This product will help its users getting to a better level of understanding of their news feed instead of building an opinion from a front-page article without any context... Also, the team is strong.

Profile picture of Julien Rosilio
Julien Rosilio
Active investor
about 5 years ago

I invested because Anum is one of the smartest, most driven women I’ve met. I’ve been watching her progress and work for years, and she has an outsized impact on the world. Plus, our access to honest news is pretty broken, so this is a great idea!

Profile picture of Kristen Craft
Kristen Craft
Active investor
about 5 years ago

I want to be a part of an innovative search solution. Sometimes it’s difficult to find where the story originated and what other items may be of interest to corroborate the stories validity.

Profile picture of Jeffrey Johnson
Jeffrey Johnson
Active investor
about 5 years ago

About Below the Fold (formerly Acciyo)

Legal Name
acciyo, Inc.
Founded
Jan 2018
Form
Delaware Corporation
Employees
5
Website
acciyo.com
Social Media
Headquarters
Google Map location of of Below the Fold (formerly Acciyo)
8605 Santa Monica Boulevard , West Hollywood, CA
Headquarters
8605 Santa Monica Boulevard, West Hollywood, CA, United States 90069

Below the Fold (formerly Acciyo) Team
Everyone helping build Below the Fold (formerly Acciyo), not limited to employees

Profile picture of Anum Hussain
Anum Hussain
Co-Founder
Profile picture of Vivian Diep
Vivian Diep
Co-Founder
Profile picture of Arslan Rao
Arslan Rao
Full-Stack Engineer
Profile picture of Kirubel Seyoum
Kirubel Seyoum
Product U/X Intern
Profile picture of Ellen Minkin
Ellen Minkin
News Consultant
Profile picture of Judith Alba
Judith Alba
Content Marketer
4 more team members
Anum Hussain
Co-Founder
Arslan Rao
Full-Stack Engineer
Vivian Diep
Co-Founder
Kirubel Seyoum
Product U/X Intern
Ellen Minkin
News Consultant
Judith Alba
Content Marketer

Press

SXSW Startups: Acciyo
Medium Medium
·
Mar 4, 2019

Fifty diverse startups will aim to impress a panel of judges and a live audience with their skills, creativity and innova...

Built In LA's 50 Startups to Watch in 2019
Built In Los Angeles
·
Feb 5, 2019

The Southern California tech scene grew by leaps and bounds in 2018. Funding rounds ballooned, exit prices surged, and a ...

Acciyo Wins The 9th AI Startup Battle at PAPIs '18 in Boston
Medium Medium
·
Oct 25, 2018

PreSeries is a Machine-Learning-as-a-Service (MLaaS) platform that collects startup data from a vast set of sources to ge...

7 New York Startups Come to MIT for the delta v Summer Ac...
VentureFizz VentureFizz
·
Sep 10, 2018

This year, MIT expanded their delta v summer accelerator beyond the Cambridge university and into New York City. The prog...

This MIT startup provides a way to 'binge watch' news art...
MIT Sloan MIT Sloan
·
Aug 8, 2018

Acciyo's name might draw from fiction, but the purpose of the search engine extension is firmly rooted in fact. "When I w...

Acciyo's Browser Plugin Helps You Understand the News
Medium Medium
·
Jul 11, 2018

Founders Vivian Diep (MIT '15) and Anum Hussain (MIT '18) are on a mission to help news seekers save time and dig deeper ...

Logo of Below the Fold (formerly Acciyo)

Below the Fold (formerly Acciyo)

Below the Fold (formerly Acciyo) successfully raised $147,063 from 616 investors on July 16, 2020
Profile picture of Aniket Warty
Profile picture of A. Jacob Tarau
Profile picture of Peter Jones
Profile picture of Claudio Echevarria
Profile picture of Aaron Loth
Aniket, A. Jacob, Peter, Claudio, Aaron, and 611 others invested. 168 Reviews
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