About High Gear Media
High Gear Media is a company based in Menlo Park (United States) founded in 2007.. High Gear Media has raised $12 million across 2 funding rounds from investors including Accel, DAG Ventures and Greylock Partners. The company has 3,045 employees as of December 31, 2020. High Gear Media has completed 1 acquisition, including MotorAuthority. High Gear Media operates in a competitive market with competitors including Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, among others.
- Headquarter Menlo Park, United States
- Employees 3045 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & LogisticsMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mh Sub I, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12 M (USD)
in 2 rounds
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Latest Funding Round
$5.5 M (USD), Series B
Jun 30, 2009
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Investors
Accel
& 2 more
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Employee Count
3045
as on Dec 31, 2020
- Investments & Acquisitions
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Funding Insights of High Gear Media
High Gear Media has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5.5 million completed in June 2009. 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 Series B — $5.5M
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First Round
First Round
(01 Nov 2007)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Series B - High Gear Media | Valuation | DAG Ventures | |
| Nov, 2007 | Amount | Series A - High Gear Media | 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 High Gear Media
High Gear Media has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Accel, DAG Ventures and Greylock Partners. 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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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm specializing in early-stage tech investments and founder support.
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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 High Gear Media
High Gear Media has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MotorAuthority. 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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Luxury and performance car news and reviews are delivered online.
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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.
|
2014 |
Financial Statements - High Gear 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 |
High Gear Media Comparisons
Competitors of High Gear Media
High Gear 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 Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, 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 platform for motoring enthusiasts
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| domain | founded_year | HQ Location |
Auto-related information is provided via an online platform.
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| domain | founded_year | HQ Location |
Community platform for auto enthusiasts
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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| domain | founded_year | HQ Location |
Mobile app for automobile information
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| domain | founded_year | HQ Location |
Used car prices are searched by model and zip code.
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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 High Gear Media
When was High Gear Media founded?
High Gear Media was founded in 2007.
Where is High Gear Media located?
High Gear Media is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Is High Gear Media a funded company?
High Gear Media is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Nov 01, 2007.
How many employees does High Gear Media have?
As of Dec 31, 2020, the latest employee count at High Gear Media is 3,045.
What does High Gear Media do?
High Gear Media was founded in 2007 and is headquartered in Menlo Park, United States. Automotive news and content are provided through owned websites, including TheCarConnection.com for car reviews, MotorAuthority.com for luxury and performance vehicles, and GreenCarReports.com for green cars. Over 5 million monthly visitors are attracted to these sites. Editorial contributions are made by staff experienced with publications such as Car and Driver and AutoWeek.
Who are the top competitors of High Gear Media?
High Gear Media's top competitors include Drivetribe, Bitauto and ZigWheels.
How many acquisitions has High Gear Media made?
High Gear Media has made 1 acquisition, including MotorAuthority.
Who are High Gear Media's investors?
High Gear Media has 3 investors. Key investors include Accel, DAG Ventures, and Greylock Partners.