M&A Deal Summary

Copysmith Acquires Rytr

On October 6, 2022, Copysmith acquired internet software and services company Rytr

Acquisition Highlights
  • This is Copysmith’s 2nd transaction in the Internet Software and Services sector.
  • This is Copysmith’s 2nd transaction in the United States.
  • This is Copysmith’s 1st transaction in Delaware.

M&A Deal Summary
Date 2022-10-06
Target Rytr
Sector Internet Software and Services
Buyer(s) Copysmith
Deal Type Add-on Acquisition

Target

Rytr

Wilmington, Delaware, United States
website
Rytr is an AI writing assistant supporting millions of freelancers and small teams, their vision is to become the de facto, all-in-one writing assistant that will work across your whole writing workflow. Rytr was founded in 2021 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

Copysmith

Birmingham, Alabama, United States

website

Category Company
Sector Information Technology
DESCRIPTION

Copysmith is a startup that uses artificial intelligence (AI) for creative content generation and drives business growth by helping creators and businesses generate powerful copy and making it easily distributable wherever it is needed. Copysmith is based in Birmingham, Alabama.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Delaware) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-06 Frase

Boston, Massachusetts, United States

Frase is an AI Content tool on the market, with thousands of customers using powerful AI to research, write, and optimize better SEO content, faster. Frase is based in Boston, Massachusetts.

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