BuzzFeed was founded in 2006 by Jonah Peretti, John S. Johnson III, and Kenneth Lerer. The company has not officially endorsed a plan to participate in an IPO.
BuzzFeed is a media news company delivering social news and entertainment. The company has raised nearly $500 million in Venture Capital funding from investors including NBCUniveral, Andreessen Horowitz, Capital Factory, Crosscut Ventures, General Atlantic, Lerer Hippeau, New Enterprise Associates, Founder Collective, RRE Ventures, Hearst Ventures, and SoftBank. It has been widely reported that BuzzFeed last raised $200 million in November 2016 at a post-money valuation of $1.7 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/07/2016 | Series G & G1 | $200MM | $xx.xx | $1.71B | Nbcuniversal | |
Price per Share
$xx.xx
Shares Outstanding
4,440,498
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nbcuniversal
|
||||||
09/16/2015 | Series F & F1 | $200MM | $xx.xx | $1.5B | Nbcuniversal | |
Price per Share
$xx.xx
Shares Outstanding
4,440,498
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Nbcuniversal
|
||||||
07/28/2014 | Series E | $50MM | $xx.xx | $850MM | Andreessen Horowitz, General Atlantic | |
Price per Share
$xx.xx
Shares Outstanding
1,605,982
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, General Atlantic
|
||||||
12/19/2012 | Series D | $19.37MM | $xx.xx | $204.2MM | Hearst Communications, Lerer Hippeau Ventures, New Enterprises Associates, Rre Ventures, Softbank Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,412,718
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Hearst Communications, Lerer Hippeau Ventures, New Enterprises Associates, Rre Ventures, Softbank Capital
|
||||||
12/23/2011 | Series C | $15.5MM | $xx.xx | $67.94MM | Betaworks, Hearst Communications, Lerer Hippeau Ventures, New Enterprise Associates, Rre Ventures, Softbank Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,024,637
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Betaworks, Hearst Communications, Lerer Hippeau Ventures, New Enterprise Associates, Rre Ventures, Softbank Capital
|
||||||
05/03/2010 | Series B | $8MM | $xx.xx | $29.81MM | Hearst Communications, Rre Ventures, Softbank Capital, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
4,401,242
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Hearst Communications, Rre Ventures, Softbank Capital, Sv Angel
|
||||||
06/25/2008 | Series A1 | $600,101.00 | $xx.xx | $3.2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,800,515
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/25/2008 | Series A | $3.5MM | $xx.xx | $12MM | Hearst Communications, Softbank Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,500,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
10.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Hearst Communications, Softbank Capital
|