State Affairs
PrivateLast Round
Early Funding
Jul 14, 2026
Total Funding Raised
$3.5M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
State Affairs is a media and technology company that provides nonpartisan state-level policy news, investigative reporting, and AI-powered legislative intelligence software for government affairs professionals.
Sector
Media, Entertainment & Gaming
Verticals
News & Media, Digital Publishing, Digital Advertising
Business Model
B2B
Customer Profile
Subscription SaaS, Data as a Service
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
State Affairs Comparables
Compare State Affairs with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Axel Springer SE | 77% | |
| Cox Enterprises | 75% | |
| Punchbowl News | 72% |
State Affairs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Jul 14, 2026 | ||||
| M&A | Jul 20, 2023 | ||||
| Seed | Oct 19, 2022 |
State Affairs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Tru Arrow Partners | Early Funding |
| Khosla Ventures | Early Funding |
| Perceptive Ventures | Seed |
| Founders Fund | Early Funding |
| Night Ventures | Seed |
| Western Technology Investment | Seed |
| Alumni Ventures | Early Funding |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 22, 2026
Grew 15% QoQ, from 162 to 187 employees.
- Aug 21, 2026
Monthly visitors grew 39% MoM, reaching 126.2K.
State Affairs Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about State Affairs's valuation, stock price, and market status.
Is State Affairs a public or private company?
State Affairs is a private company.
What is the current stock price of State Affairs?
State Affairs is a private company with no public stock price. No recent secondary market data is available.
How much is State Affairs worth (valuation)?
Valuation information for State Affairs is not publicly available.
Can I buy State Affairs stock?
State Affairs shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was State Affairs's last funding round?
State Affairs's most recent funding round was M&A on July 20, 2023.
Who are the main investors in State Affairs?
Key investors in State Affairs include Perceptive Ventures, Night Ventures, Western Technology Investment, Pareto Holdings.
Will State Affairs IPO soon?
No public IPO plans have been announced for State Affairs.
How can I track State Affairs secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor State Affairs's secondary market activity and sign up for updates.