State Affairs raises funding from Founders Fund and Khosla Ventures to build a Bloomberg-style terminal for tracking legislation and regulation. The platform relies on 76 editorial employees embedded in state capitols and publishes more than 2,000 original reports in most months, positioning its coverage as a tool for companies monitoring political developments.
State Affairs announces $70 million in total funding to accelerate its AI intelligence platform for policy and regulatory markets. The financing is backed by Founders Fund, Khosla Ventures, Tru Arrow Partners, Alumni Ventures, and media-industry angels.
Affiliated News Services, publisher of the State House News Service and MASSterList, announces an alignment with State Affairs, a growing national media company focused on state government coverage.
State Affairs names veteran journalist Alison Bethel as its founding editor-in-chief. The release says the nonpartisan, subscription-based outlet launched its first newsroom in Georgia on Aug. 1, 2021.