Donut Media Raises $800K For Millennial Car Enthusiast Content

Los Angeles-based Donut Media, a startup generating social video content focused on car enthusiasts, announced this morning that it has raised $800,000 in a seed funding round. The funding came from Techstars Ventures, 3311 Ventures, Fontinalis Partners and professional driver Ryan Tuerck. The startup, led by CEO Matthew Levin, says it has created a process for creating highly shareable automotive social content. The funding goes towards content production. millennial-focused automotive content for TV and premium streaming services. Donut Media was part of the Techstars Mobility accelerator program, and says its clients include Nissan, Ford, Fiat and Microsoft. More information »