Indiegraf raises $3 million for out-of-the-box news services

Who says local news is dead? Indiegraf, a Vancouver startup dedicated to revitalizing independent news and the content business, announced the close of a CAD $3 million seed round. Leading the financing was Toronto-based StandUp Ventures, with participation from Coralus and Mucker Capital.

What does Indiegraf do? In a few words: empower news and media entrepreneurs across the world. The company has built a “media business in a box” solution, which offers a news website builder, email newsletter platform, subscriber payment system, ad platform, marketplace, and access to growth capital. The startup hopes that its product can help new and established digital and print news businesses innovate their operations, as well as offering a new way for community-run news organizations to launch.