About Elite Daily
Elite Daily is a company based in New York (United States) founded in 2011 was acquired by Bustle in April 2017. Elite Daily has raised $1.5 million across 1 funding round from investors including Bustle, Greycroft and Vast Ventures. The company has 524 employees as of December 31, 2021. Elite Daily operates in a competitive market with competitors including BuzzFeed, Vix, Digg, Mashable and Ranker, among others.
- Headquarter New York, United States
- Employees 524 as on 31 Dec, 2021
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Media & Entertainment
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Social
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- Legal Name Bdg Media, Inc.
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Funding Insights of Elite Daily
Elite Daily has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in June 2014. 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.
Investors in Elite Daily
Elite Daily has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Bustle, Greycroft and Vast Ventures.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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US focused venture capital firm
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Venture capital investment firm based out of USA
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Investor details for Elite Daily
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Investments & Acquisitions by Elite Daily
Investment portfolio details for Elite Daily
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Financial Statements - Elite Daily
Detailed financials for Elite Daily
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Elite Daily Comparisons
Peer comparison for Elite Daily
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Competitors of Elite Daily
Elite Daily 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 BuzzFeed, Vix, Digg, Mashable and Ranker, among others.
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Viral news and multimedia content are delivered online.
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Social news content is delivered in English, Spanish, and Portuguese.
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A human-first community platform for connection and discovery is offered.
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Digital culture, social media, and technology news are delivered online.
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Provides crowdourced rankings of various things
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Multi-category news is provided through an online platform.
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Detailed competitors of Elite Daily
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Latest news on Elite Daily
Complete news archive for Elite Daily
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Frequently Asked Questions about Elite Daily
Elite Daily was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Elite Daily is headquartered in New York, United States. It is registered at New York, New York, United States.
Elite Daily is a funded company, having raised a total of $1.5M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at Elite Daily is 524.
Elite Daily was founded in 2011 in New York, United States, as an online media publication. Content preferred by the millennial generation is emphasized, including investigative reporting. A socially driven platform is operated, where topics and people can be followed, comments and upvotes are enabled, and articles are submitted by users for potential publication. Over 70 million users are reached monthly through its domain, elitedaily.com.
Elite Daily has 5 investors. Key investors include Bustle, Greycroft, Vast Ventures, Red Sea Ventures, and Social Starts.