Meltwater
Meltwater, founded in 2001 by Jorn Lyseggen in Oslo, Norway, began as a media monitoring service tracking online mentions for businesses.
Profile
Provides AI-powered media monitoring and social listening tools to track brand mentions and analyze public sentiment.
Meltwater, founded in 2001 by Jorn Lyseggen in Oslo, Norway, began as a media monitoring service tracking online mentions for businesses. The company has since evolved into a broader media intelligence and social listening platform, serving over 27,000 clients globally, including enterprises like Microsoft, Google, and the Denver Broncos. Meltwater's platform ingests 1.3 billion documents daily, delivering 1 million alerts across 240+ languages.
In December 2023, the company secured a $65M investment from Verdane, a Norwegian private equity firm, valuing Meltwater at approximately $600M. The acquisition of AI-focused startups like Algo (2017) and DataSift (2018) bolstered its capabilities in machine learning and social media analytics. Today, Meltwater competes with tools like Brandwatch and Sprinklr, offering sentiment analysis, predictive analytics, and AI-driven insights for PR, marketing, and communications teams.
Who buys this
- PR and communications teams at large enterprises
- Marketing departments analyzing campaign performance
- Corporate reputation management teams
- Sports and entertainment organizations tracking fan sentiment
- Academic institutions monitoring research impact
Publicly disclosed clients
- Microsoft
- Denver Broncos
- Harvard Business School
- Heineken
- NASCAR
- Asana
Strengths and what to watch
Strengths
- Global media coverage with ingestion of 1.3B documents daily in 240+ languages
- AI-driven sentiment analysis and predictive analytics capabilities
- Strong enterprise client base with 27,000+ organizations
Watch for
- Competition from free alternatives like Google Alerts and lower-cost SaaS tools
- Dependence on social media API changes which could disrupt data access
- Integration challenges from multiple acquisitions (Algo, DataSift)
Key Information
- Founded
- 2001
- Headquarters
- Oslo, Norway
Frequently Asked Questions
What does Meltwater do?
Meltwater provides AI-powered media monitoring and social listening tools, tracking brand mentions across 1.3 billion daily documents in 240+ languages. Founded in 2001, it serves 27,000+ clients with sentiment analysis, predictive analytics, and PR insights for enterprises like Microsoft and Google.
How does Meltwater use AI?
Meltwater employs AI for sentiment analysis and predictive analytics, enhanced by acquisitions like Algo (2017) and DataSift (2018). Its platform processes vast media data to detect trends, measure brand sentiment, and alert users to relevant mentions across news and social media.
Who uses Meltwater?
Major clients include Microsoft, Google, and the Denver Broncos, spanning PR teams, marketers, and sports organizations. Its 27,000+ global customers leverage it for campaign tracking, reputation management, and fan sentiment analysis, with academic institutions like Harvard monitoring research impact.
How does Meltwater compare to Brandwatch?
Both offer social listening and AI analytics, but Meltwater emphasizes broader media monitoring (news, blogs) alongside social. It processes 1.3B daily documents vs. Brandwatch’s social focus. Meltwater’s 240+ language support and predictive analytics differentiate it for global enterprises.
What are Meltwater's limitations?
It faces competition from free tools like Google Alerts and relies on social media APIs, which can change. Integration challenges from acquisitions (Algo, DataSift) may affect workflows. Large enterprises benefit most, while smaller teams might find costs prohibitive versus niche alternatives.
How much funding does Meltwater have?
In December 2023, Meltwater secured $65M from Verdane, valuing it at ~$600M. This follows strategic acquisitions like DataSift (2018) to bolster AI capabilities. The investment supports its growth in predictive analytics and global media intelligence against rivals like Sprinklr.
Sources
- techcrunch.com — $65M investment from Verdane and valuation
- techcrunch.com — DataSift acquisition
- techcrunch.com — Algo acquisition
- www.forbes.com — Founding story and early growth
- www.meltwater.com — Current client count and capabilities