About Raycom Media
Raycom Media is a company based in Montgomery (United States) founded in 1996 was acquired by Gray TV in June 2018.. Raycom Media has completed 6 acquisitions, including CNHI, LSN Mobile and PureCars.
- Headquarter Montgomery, United States
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Funding Insights of Raycom Media
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Raycom Media
Raycom Media has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gray TV. 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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Local television stations and digital assets are owned and operated.
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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 Raycom Media
Raycom Media has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CNHI, LSN Mobile and PureCars. 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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Cloud-based marketing tools are offered to automotive dealers.
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2007 | ||||
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Video production and distribution solutions are provided for sports broadcasting.
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2006 | ||||
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Limited information available
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2001 |
| 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 - Raycom 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 |
Raycom Media Comparisons
Competitors of Raycom Media
| 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 Raycom Media
When was Raycom Media founded?
Raycom Media was founded in 1996.
Where is Raycom Media located?
Raycom Media is headquartered in Montgomery, United States. It is registered at Montgomery, Alabama, United States.
Who is the current CEO of Raycom Media?
Pat LaPlatney is the current CEO of Raycom Media.
What does Raycom Media do?
Raycom Media was established in 1996 in Montgomery, United States, as a television broadcast network. Operations encompass ownership and service provision for 62 stations in 42 markets spanning 20 states, based on data from August 2016. Additional activities involve radio broadcasting, sports marketing, content production, events management, and media distribution within the broadcasting sector.
How many acquisitions has Raycom Media made?
Raycom Media has made 6 acquisitions, including CNHI, LSN Mobile, and PureCars.
Who are Raycom Media's investors?
Raycom Media has 1 investor. Key investors include Gray TV.