About Group Nine Media
Group Nine Media is a company based in New York (United States) founded in 1999 was acquired by Vox Media in December 2021.. Group Nine Media has raised $675 million across 4 funding rounds from investors including Discovery Communications, Vox Media and Axel Springer. The company has 535 employees as of December 31, 2018. Group Nine Media has completed 2 acquisitions, including JASH and Popsugar. Group Nine Media offers products and services including Vox Media Podcast Network, Concert Advertising Network, and Vox Creative. Group Nine Media operates in a competitive market with competitors including Vox Media, Webedia, Penske Media Corporation, AOL and Ziff Davis, among others.
- Headquarter New York, United States
- Employees 535 as on 31 Dec, 2018
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Group Nine Media, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$675 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series E
Sep 09, 2019
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Investors
Discovery Communications
& 5 more
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Employee Count
535
as on Dec 31, 2018
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Investments & Acquisitions
JASH
& 1 more
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Acquired by
Vox Media
(Dec 15, 2021)
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Products & Services of Group Nine Media
Group Nine Media offers a comprehensive portfolio of products and services, including Vox Media Podcast Network, Concert Advertising Network, and Vox Creative. 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.
Provides premium podcasts on tech, sports, and news topics.
Offers publisher-led marketplace for scalable ad solutions.
Develops relevant content for advertising and audience engagement.
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Software Development Team
53 people
Leadership Team
43 people
Creative and Marketing Team
28 people
Senior Team
27 people
Product Management Team
21 people
Operations Team
16 people
Finance and Accounting
12 people
Human Resources and Administration
11 people
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Funding Insights of Group Nine Media
Group Nine Media has successfully raised a total of $675M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in September 2019. 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 4
- Last Round Series E — $50.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series E - Group Nine Media | Valuation | Discovery Communications | |
| Nov, 2017 | Amount | Series D - Group Nine Media | Valuation | Discovery Communications | |
| Dec, 2016 | Amount | Series D - Group Nine Media | Valuation | Discovery Communications |
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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 Group Nine Media
Group Nine Media has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Discovery Communications, Vox Media and Axel Springer. 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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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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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 Group Nine Media
Group Nine Media has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include JASH and Popsugar. 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 streaming funny videos
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2013 | ||||
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A women focused lifestyle brand
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2006 |
| 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 - Group Nine Media
| 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 |
Group Nine Media Comparisons
Competitors of Group Nine Media
Group Nine Media 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 Vox Media, Webedia, Penske Media Corporation, AOL and Ziff Davis, 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 |
Digital media publishing network
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| domain | founded_year | HQ Location |
Multiple online media and lifestyle brands are owned and operated.
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| domain | founded_year | HQ Location |
Content on digital media corporations is published across multiple platforms.
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| domain | founded_year | HQ Location |
Online news, entertainment, and financial content is delivered.
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| domain | founded_year | HQ Location |
Digital-media company in the technology, gaming, entertainment, and men’s lifestyle
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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 Group Nine Media
Frequently Asked Questions about Group Nine Media
When was Group Nine Media founded?
Group Nine Media was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Where is Group Nine Media located?
Group Nine Media is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Group Nine Media a funded company?
Group Nine Media is a funded company, having raised a total of $675M across 4 funding rounds to date. The company's 1st funding round was a Series D of $585M, raised on Jun 01, 2013.
How many employees does Group Nine Media have?
As of Dec 31, 2018, the latest employee count at Group Nine Media is 535.
What does Group Nine Media do?
Group Nine Media was established in 1999 in New York, United States, as a holding company within the digital media sector. Brands including Thrillist for food, drink, and travel; NowThis for news and entertainment; The Dodo for animals; and Seeker for science, technology, and exploration are managed under its umbrella. Content is distributed primarily through online platforms, focusing on targeted audience engagement across these niches.
Who are the top competitors of Group Nine Media?
Group Nine Media's top competitors include Webedia, Vox Media and Times Internet.
What products or services does Group Nine Media offer?
Group Nine Media offers Vox Media Podcast Network, Concert Advertising Network, and Vox Creative.
How many acquisitions has Group Nine Media made?
Who are Group Nine Media's investors?
Group Nine Media has 6 investors. Key investors include Discovery Communications, Vox Media, Axel Springer, Lerer Hippeau, and IVP.
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