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The Daily Wire is in talks for $100 million in investment led by Highmount Capital, targeting a $2 billion IPO in 18 months.

PRIVATEJun 23, 2026about 4 hours ago

Amount Raised

$100 Million

Artificial Intelligence

Investors

Highmount Capital

Description

The Daily Wire, a leading conservative media company, seeks $100 million in investment as it prepares for a potential IPO. Founded by Ben Shapiro, the company is valued at $750 million. Highmount Capital is leading this funding round while exploring strategic investors. The Daily Wire is focused on growing its business despite challenges in subscriber retention.

Company Information

Company

The Daily Wire

About

The Daily Wire is a prominent player in conservative media and was founded by Ben Shapiro in 2015. The company aims to compete with major media outlets like the New York Times. It recorded $48 million in adjusted EBITDA last year but faces challenges with subscriber growth and retention.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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