Recurrent

Miami, United States Founded: 2018 • Age: 8 yrs
Various media brands are operated by the digital media group.
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About Recurrent

Recurrent is a company based in Miami (United States) founded in 2018 by Andrew Perlman.. Recurrent has raised $425 million across 3 funding rounds from investors including Blackstone, Powerhouse Capital and North Equity. Recurrent has completed 8 acquisitions, including Bob Vila, Business of Home and Domino. Recurrent offers products and services including Digital Media Brands and Audience Engagement Tools. Recurrent operates in a competitive market with competitors including Vox Media, Webedia, Group Nine Media, Penske Media Corporation and AOL, among others.

  • Headquarter Miami, United States
  • Founders Andrew Perlman
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Recurrent Ventures
Operational Areas
Media & Entertainment → Digital Media, Publishing & Broadcasting
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $425 M (USD)

    in 3 rounds

  • Latest Funding Round
    $300 M (USD), Series D

    May 18, 2022

  • Investors
    Blackstone

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Bob Vila

    & 7 more

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Products & Services of Recurrent

Recurrent offers a comprehensive portfolio of products and services, including Digital Media Brands and Audience Engagement Tools. 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.

Primary

Platforms delivering content on automotive and other topics

Tools for email and social media subscriber interactions

People of Recurrent
Headcount 200-500
Employee Profiles 44
Employee Profiles
People
Philip Hladky
Director Of Brand Partnerships
People
Josh Searle
Controller
People
Andrew Perlman
Co-Founder & CEO
People
Austin Keneshea
Head Of Production - Donut Media

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Funding Insights of Recurrent

Recurrent has successfully raised a total of $425M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $300 million completed in May 2022. 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 Rounds 3
  • Last Round Series D — $300.0M
  • First Round

    (07 Oct 2021)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Series D - Recurrent Valuation Blackstone
Nov, 2021 Amount Series C - Recurrent Valuation

investors

Oct, 2021 Amount Series C - Recurrent Valuation North Equity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Recurrent

Recurrent has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Blackstone, Powerhouse Capital and North Equity. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Media and tech sectors are invested in by Powerhouse Capital.
Founded Year Domain Location
North Equity is focused on investing in AI innovation and transformation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Recurrent

Recurrent has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Bob Vila, Business of Home and Domino. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital media brand focusing on auto enthusiasts
2015
Culture and lifestyle content is published by an online magazine.
2015
Content, community, and commerce are integrated in home design platforms.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Recurrent

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Recurrent Comparisons

Employees
+
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Competitors of Recurrent

Recurrent 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, Group Nine Media, Penske Media Corporation and AOL, 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
domain founded_year HQ Location
Multiple online media and lifestyle brands are owned and operated.
domain founded_year HQ Location
Digital-first media network
domain founded_year HQ Location
Content on digital media corporations is published across multiple platforms.
domain founded_year HQ Location
Online news, entertainment, and financial content is delivered.
domain founded_year HQ Location
Digital-media company in the technology, gaming, entertainment, and men’s lifestyle
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Recurrent

Frequently Asked Questions about Recurrent

When was Recurrent founded?

Recurrent was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Recurrent located?

Recurrent is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Who is the current CEO of Recurrent?

Andrew Perlman is the current CEO of Recurrent. They have also founded this company.

Is Recurrent a funded company?

Recurrent is a funded company, having raised a total of $425M across 3 funding rounds to date. The company's 1st funding round was a Series C of $75M, raised on Oct 07, 2021.

What does Recurrent do?

Recurrent was founded in 2018 and is headquartered in Miami, United States. As a digital media group, various networks are managed, including popular science, Domino, Task Purpose, Saveur, Field Stream, and others. Operations focus on content distribution across these brands within the media sector, with emphasis on digital platforms and audience engagement in the U.S. market.

Who are the top competitors of Recurrent?

Recurrent's top competitors include Webedia, Vox Media and Times Internet.

What products or services does Recurrent offer?

Recurrent offers Digital Media Brands and Audience Engagement Tools.

How many acquisitions has Recurrent made?

Recurrent has made 8 acquisitions, including Bob Vila, Business of Home, and Domino.

Who are Recurrent's investors?

Recurrent has 4 investors. Key investors include Blackstone, Powerhouse Capital, North Equity, and Raga Partners.

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