M&A

Flipboard buys Graze, the two-person startup that built feeds for 12M users on $1M

What's the deal? Flipboard has acquired GrazeDealroom has a profile for this one. Try Dealroom →, a Portland startup that lets creators build, tune, and monetise custom social feeds without writing code, mainly on Bluesky. Financial terms were not disclosed. Graze's two remaining staff — co-founder Devin Gaffney and engineer Nick Gerakines — move to Flipboard.

What does Graze do? The platform turns algorithm-building into a no-code product for creators, publishers, and everyday users across the open social web. Graze says it has delivered more than 41 billion posts to 12 million users in the 21 months since it formed.

The backstory: Graze raised a $1 million pre-seed in April 2025, led by BetaworksDealroom has a profile for this one. Try Dealroom →, with Salesforce Ventures Factorial, Apertu CapitalDealroom has a profile for this one. Try Dealroom →, and SkyseedDealroom has a profile for this one. Try Dealroom →, plus angels from Mozilla and Protocol Labs. Two of its three original founders left last year. Gaffney told GeekWire the outcome is "a great outcome for the team, the company, and the investors."

Why now? Palo Alto-based Flipboard has spent years investing in open social protocols — AT Protocol, ActivityPub, and RSS — and built Surf, a browser for the open social web. Graze supplies the missing back-end engine.

What's the endgame? Gaffney describes the fit as mechanical. "Surf will be the browser for the open social web," he wrote, while "Graze will be the engine under those feeds." The combined product aims to be a creator-first alternative to closed platforms like FacebookDealroom has a profile for this one. Try Dealroom → and Instagram, with existing Graze services staying online.

The pitch: Both companies frame curation as the sustainable model. As generative AI "starts to clog the pipes of legacy platforms," Gaffney wrote, "a curatorial role in shaping 'the algorithm' is the only sustainable way to run that attention economy into the future."

The signal: The open social web is drawing real users and now real dealmaking, but the business case is unproven. Two people built a feed engine at scale on $1 million; the harder task is showing that curating attention pays better than harvesting it.

Read more: geekwire.com, thenextweb.com

Image credit: Generated with Gemini

Source: dealroom

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