About BuzzFeed
BuzzFeed is a company based in New York (United States) founded in 2006 by Jonah Peretti and John Johnson.. BuzzFeed has raised $496.76 million across 12 funding rounds from investors including NBCUniversal, Hearst and Lerer Hippeau. BuzzFeed has completed 5 acquisitions, including Complex Networks, GoPop and HuffPost. BuzzFeed offers products and services including News Platform, Quiz Platform, and Video Service. BuzzFeed operates in a competitive market with competitors including Vix, Digg, Mashable, Ranker and Kumparan, among others.
- Headquarter New York, United States
- Founders Jonah Peretti, John Johnson
- Stage Public
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Buzzfeed, Inc.
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Annual Revenue
$252.68 M-26.24as on Dec 31, 2023
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Net Profit
$-88.58 M55.92as on Dec 31, 2023
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EBITDA
$-10.32 M49.33as on Dec 31, 2023
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Total Equity Funding
$496.76 M (USD)
in 12 rounds
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Latest Funding Round
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Investors
NBCUniversal
& 12 more
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Employee Count
Employee Count
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Investments & Acquisitions
Complex Networks
& 4 more
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IPO & Listings of BuzzFeed
BuzzFeed is a publicly listed company on the NASDAQ with ticker symbol BZFD in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of BuzzFeed
BuzzFeed offers a comprehensive portfolio of products and services, including News Platform, Quiz Platform, and Video Service. 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.
Service for delivering news and articles online
Platform for user quizzes and trivia games
Tool for streaming videos and celebrity content
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Software Development Team
36 people
Leadership Team
16 people
Operations Team
11 people
Human Resources and Administration
10 people
Product Management Team
9 people
Sales and Marketing
8 people
Social Team
7 people
Finance and Accounting
7 people
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Funding Insights of BuzzFeed
BuzzFeed has successfully raised a total of $496.76M across 12 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 12
- Last Round Last Round
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First Round
First Round
(09 Jul 2008)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Post-IPO - BuzzFeed | Valuation |
investors |
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| Dec, 2021 | Amount | Post-IPO - BuzzFeed | Valuation |
investors |
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| Nov, 2016 | Amount | Series G - BuzzFeed | Valuation | NBCUniversal |
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| 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 BuzzFeed
BuzzFeed has secured backing from 13 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include NBCUniversal, Hearst and Lerer Hippeau. 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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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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PE firm invests globally
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 BuzzFeed
BuzzFeed has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Complex Networks, GoPop and HuffPost. 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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Interactive videos are created via a cloud-based platform.
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2013 | ||||
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Provider of mobile and web application development services
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2009 | ||||
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Digital news and opinion content are published online by HuffPost.
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2005 |
| 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 - BuzzFeed
| 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 |
Buzzfeed Comparisons
Competitors of BuzzFeed
BuzzFeed 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 Vix, Digg, Mashable, Ranker and Kumparan, 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 |
Social news content is delivered in English, Spanish, and Portuguese.
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| domain | founded_year | HQ Location |
A human-first community platform for connection and discovery is offered.
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| domain | founded_year | HQ Location |
Digital culture, social media, and technology news are delivered online.
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| domain | founded_year | HQ Location |
Provides crowdourced rankings of various things
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| domain | founded_year | HQ Location |
Multi-category news is provided through an online platform.
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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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Latest news on Buzzfeed
Frequently Asked Questions about BuzzFeed
When was BuzzFeed founded?
BuzzFeed was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is BuzzFeed located?
BuzzFeed is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of BuzzFeed?
Jonah Peretti is the current CEO of BuzzFeed. They have also founded this company.
Is BuzzFeed a funded company?
BuzzFeed is a funded company, having raised a total of $496.76M across 12 funding rounds to date. The company's 1st funding round was a Series G of $200M, raised on Jul 09, 2008.
What is the annual revenue of BuzzFeed?
Annual revenue of BuzzFeed is $252.68M as on Dec 31, 2023.
What does BuzzFeed do?
BuzzFeed was founded in 2006 and is headquartered in New York, United States. It functions as a digital media company focused on the online publishing sector. Operations involve the creation and distribution of articles, quizzes, videos, and interactive features across topics such as politics, entertainment, science, health, and viral trends. Services extend to breaking news coverage and user-generated content aggregation, serving a global audience through its website and social channels.
What products or services does BuzzFeed offer?
BuzzFeed offers News Platform, Quiz Platform, and Video Service.
Is BuzzFeed publicly traded?
Yes, BuzzFeed is publicly traded on NASDAQ under the ticker symbol BZFD.
How many acquisitions has BuzzFeed made?
BuzzFeed has made 5 acquisitions, including Complex Networks, GoPop, and HuffPost.
Who are BuzzFeed's investors?
BuzzFeed has 13 investors. Key investors include NBCUniversal, Hearst, Lerer Hippeau, Vivek Ramaswamy, and Andreessen Horowitz.
What is BuzzFeed's ticker symbol?
The ticker symbol of BuzzFeed is BZFD on NASDAQ.
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