About Beliefnet
Beliefnet is a company based in Virginia Beach (United States) founded in 1999 was acquired by BN Media in June 2010.. Beliefnet has raised $7 million across 2 funding rounds from investors including News Corp, SoftBank Group and Blue Chip Venture. Beliefnet has completed 1 acquisition, including Patheos. Beliefnet offers products and services including Newsletters, Special Offers, and Editorial Articles. Beliefnet operates in a competitive market with competitors including Yandex, Goop, Thrillist, BUZZNET and LittleThings, among others.
- Headquarter Virginia Beach, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Beliefnet, Inc.
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Products & Services of Beliefnet
Beliefnet offers a comprehensive portfolio of products and services, including Newsletters, Special Offers, and Editorial Articles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Email updates on inspiration and faith topics for user engagement.
Features deals related to wellness and entertainment for subscribers.
Articles covering health, prayer, and family guidance online.
Funding Insights of Beliefnet
Beliefnet has successfully raised a total of $7M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2005 | Amount | Unspecified - Beliefnet | Valuation |
investors |
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| Jun, 2005 | Amount | Series A - Beliefnet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Beliefnet
Beliefnet has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include News Corp, SoftBank Group and Blue Chip Venture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Late-stage investments in US tech companies are targeted.
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Founded Year | Domain | Location | |
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Investments are directed toward multiple sectors via fund of funds.
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Founded Year | Domain | Location | |
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New York-based multinational mass media company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Beliefnet
Beliefnet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Patheos. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform for religion and spirituality information is provided.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Beliefnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Beliefnet Comparisons
Competitors of Beliefnet
Beliefnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yandex, Goop, Thrillist, BUZZNET and LittleThings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blog focusing on music, market, video, and other related topics
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| domain | founded_year | HQ Location |
Multi-category products are retailed online by Goop.
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| domain | founded_year | HQ Location |
Digital content on food, travel, health, and lifestyle is published.
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| domain | founded_year | HQ Location |
Lifestyle news on entertainment, style, and music is delivered online.
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| domain | founded_year | HQ Location |
Digital media platform with inspirational content
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| domain | founded_year | HQ Location |
Content is aggregated and personalized for mobile users via AI.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Beliefnet
When was Beliefnet founded?
Beliefnet was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is Beliefnet located?
Beliefnet is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
Is Beliefnet a funded company?
Beliefnet is a funded company, having raised a total of $7M across 2 funding rounds to date.
What does Beliefnet do?
Founded in 1999 and based in Virginia Beach, United States, Beliefnet operates as an online platform in the spirituality sector. Various resources are provided, including blogs, social networking tools, feature articles, videos, quizzes, devotionals, photo galleries, and interviews with politicians, celebrities, and spiritual leaders. The site maintains over 13 million newsletter subscribers and attracts an average of 3 million unique visitors monthly.
Who are the top competitors of Beliefnet?
What products or services does Beliefnet offer?
Beliefnet offers Newsletters, Special Offers, and Editorial Articles.
How many acquisitions has Beliefnet made?
Beliefnet has made 1 acquisition, including Patheos.
Who are Beliefnet's investors?
Beliefnet has 4 investors. Key investors include News Corp, SoftBank Group, Blue Chip Venture, and BN Media.
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