Internet First Media

TRACXN FEED REPORT
INTERNET FIRST MEDIA
JANUARY 13, 2021

Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix
Feed Report - Internet First Media - Jan 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Overview Summary
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix
Internet First Media - Summary (1/2)
Top Companies Key Stats
InShorts Flipboard
(2013, India, $64.4M) (2010, United States, $211M)
9,281 1,783 $14.9B
CNET NowThis Companies Funded Total Funding
(1994, United States) (2012, United States, $32.1M) Companies
One Football FreightWaves

(2008, Germany, $20.1M) (2017, United States, $76.4M)
$1.8B 528 62
Thrive Global Yahoo
(2016, United States, $65.0M) (1994, United States, $6.8M) Funding in last 2 Acquisitions IPOs
years
Scope of Feed Top Geographies by Companies

What is included Total Companies
United States 2623
Online-only news portals, aggregators, and media networks.
India 1683
United Kingdom 691

What is not included
China 343
Online video, blogging/self-publishing, podcast networks, UGC platforms which
allow self-publishing e.g. Medium.
Germany 251
Unfunded Companies Funded Companies
4 Feed Report - Internet First Media - Jan 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet First Media - Summary (2/2)
# Companies by Stage Y-o-Y Funding $ Funding by Country
Total Funding: $14.9B
United States (47%)
Founded 9281 -
China (35%)
Funded 1783 100%
India (4%)
Series A+ 362 20% Canada (2%)
Series B+ 10% Japan (1%)

193
Israel (1%)
Series C+ 112 6%
United Kingdom (1%)
Series D+ 72 4% Others (4%)
$ Funding # Rounds
Top Funding Rounds in last 2y Top Investors Top Exits

Company Round Details Stage Investor # Portfolio Type Company Acq. Price/IPO Mcap
LIVEKINDLY Y Combinator 7 Pride International
(2017, Canada, $336M) $200M-Series D Seed (1966, United States) $7.3B
500 Startups 7
Stage
Hupu Kima Ventures 7 Yahoo
$182M-Series F Acq. (1994, United States, $6.8M) $4.5B
(2004, China, $339M)
Early Zhen Fund 8 AOL

Barstool Sports $163M-Series B Lerer Hippeau Ventures 8 $4.4B
(2003, United States, $186M) Stage (1985, United States)
Greycroft Partners 6
LIVEKINDLY $135M-Series D Leaf Group
(2017, Canada, $336M) (2006, United States, $356M) $1.4B
Late Tencent 5
Sequoia Capital 4 IPO
News Break $115M-Series C Stage Gunosy
(2015, United States, $151M) Goldman Sachs 4 (2012, Japan, $24.0M) $234M
Marketmap: HR Tech Sep 2020
Marketmap - Internet First Media
MEDIA NETWORK Factsheet
Overview
PUBLISHERS AGGREGATORS Companies 9281
Funded 1783 Series A+ 362
MULTI- CURATED
Funding $14.9B Last 2 yrs $1.8B
CATEGORY NEWS
TRADITIONA Most Active Investors
L UNCURATED NEWS VC - Seed Lerer Hippeau .. (25)
VC - Early Greycroft Part.. (18)
SOCIA
L VC - Late China Media Ca.. (3)
REGIONAL
*
PE
LIFESTYL Incubators 500 Startups (25)
E
THEMATI DIGITAL NEWSSTANDS Exits
C IPOs 62 Magmag, GoingPu..
Acquisitions 528 Social Media We..
DEMOGRAPHIC Top Acquirers , dotdash.com
*
Feed in Numbers
SPORT Unicorns 10 Soonicorns 19
S Minicorns 53 Editor Picks 473
ENTERTAINMEN Acquihired 12 Deadpooled 824
T PODCASTS Top Companies
BUSINESS & FINANCE InShorts (2013, India, $64.4M)
CNET (1994, United States)
One Football (2008, Germany, $20.1M)
SCIENCE & TECHNOLOGY
Top Cities
Beijing 14 Cos $4.1B
START-UPS* New York City 40 Cos $2.8B
*Upcoming Business Model

Contents
Overview
Funding Funding Funnel
Investors Y-o-Y Funding Trends
Acquisitions Funding by Geography
IPOs Y-o-Y Stage wise Funding
Companies Median Round Size by Stage
Unicorns New Entrants to Funded Club
Business Models Funding by Team Background - College wise
News Funding by Team Background - Company wise
Appendix List of Key Funding Rounds
Y-o-Y Funding Trends
Top Funding Rounds in last 2 years
Company Funding Round
LIVEKINDLY $200M - Series D
(2017 ,Canada)
Hupu $182M - Series F

(2004 ,China)
Barstool Sports $163M - Series B

(2003 ,United States)
LIVEKINDLY $135M - Series D

(2017 ,Canada)
News Break $115M - Series C

(2015 ,United States)
DailyHunt $100M - Series G

(2007 ,India)
Smart News $92.0M - Series E

(2012 ,Japan)
Jiemian News $71.5M - Series C

(2014 ,China)
DailyHunt $63.4M - Series G

$ Funding (3y) CAGR = -27% (2007 ,India)
The Athletic $50.0M - Series D

$ Funding (5y) CAGR = -8% (2016 ,United States)
Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.
Funding by Geography
Distribution by Country - Total Funding ($) Top Cities by Funding
# Rounds Top Funded Company Beijing $4.1B

Group Nine Media
United States 907
(675M) New York City $2.8B
China 287 Toutiao (3.1B) Shanghai $916M
India 220 DailyHunt (333M) San Francisco $520M
Los Angeles $439M

Canada 26 LIVEKINDLY (336M)
Washington,
DC $424M
Japan 34 Smart News (182M)
Santa Monica $380M

Israel 18 MinuteMedia (160M)
Bangalore $377M
United 71 The Culture Trip
Kingdom (103M)
Vancouver $348M
France 32 Brut (51.1M)

Chicago $243M
Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.
Y-o-Y Stage-wise Funding Trends
Stage-wise $ Invested Stage-wise Number of Rounds
$2.6B $2.7B $1.3B $673M $1.1B $115M 206 166 152 91 50 1
Seed Early Stage Late Stage Total Funding Seed Early Stage Late Stage Total Rounds
Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.
Median Round Size by Stage
Stage Round size - Min, Median, Max (2016-2021) Y-o-Y Median Round Size (2016-2021)
Late Stage $40M

$5M $2B
Series B $16M
$92K $200M
Series A $5M
$25K $45M
Seed $750K
$10K $27M
2016 2017 2018 2019 2020 2021 YTD
Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.
Funding Funnel
Stage # Companies Funding Funnel Moved from Avg. Years from first
% previous Stage % funding
Founded 9,281 - - -
Funded 1,783 100% 19% -
Series A+ 362 20% 20% 2
Series B+ 193 11% 53% 2.7
Series C+ 112 6% 58% 4.2
Series D+ 72 4% 64% 3.8
New Entrants to Funded Club
Notable
Companies
Thrive Global FreightWaves LIVEKINDLY Action Network Surfline News Break
(2016, United States, (2017, United States, (2017, Canada, (2017, United States, (1985, United States, (2015, United States,
$65.0M) $76.4M) $336M) $17.5M) $30.0M) $151M)
Funding by Team Background - College wise
Distribution by Team Background
Columbia University BuzzFeed Joyus Refinery29

($497M) ($43.4M) ($137M)
University of AllBusiness.com AllBusiness.com SportTechie

California (Los .. ($37.4M) ($37.4M) ($1.5M)
University of Thrillist 90Min MinuteMedia

Pennsylvania ($69.0M) ($39.0M) ($160M)
Stanford University BabyCenter Flipboard Livingly Media

($13.5M) ($211M) ($15.7M)
Harvard University NowThis Mic UGO Entertainm..

($32.1M) ($61.3M) ($58.0M)
Wharton School 90Min Pocket Aces MinuteMedia

($39.0M) ($20.9M) ($160M)
Harvard Business HitFix UGO Entertainm.. Allvoices

School ($10.2M) ($58.0M) ($9.0M)
IIT Delhi InShorts Momspresso Chakpak Media

($64.4M) ($6.1M) ($5.0M)
Total Funding
Note: Number in the bracket is the Total Funding raised by the Company
Funding by Team Background - Company wise
Microsoft Laugh Radio Wavii Flipboard

($2.3M) ($2.0M) ($211M)
Apple NOWBOX Flipboard PTA

($211M) ($2.4M)
McKinsey The Athletic A Plus News Deeply

($134M) ($3.8M) ($7.5M)
eBay Joyus First Look Media Yummly

($43.4M) ($50.0M) ($24.2M)
Goldman Sachs CRMDaily Mic Pocket Aces

($61.3M) ($20.9M)
Google Jiuhuar Nextly Digg

($2.6M) ($2.9M) ($49.0M)
Boston Consulting POPxo India Parenting Nextly

Group ($12.2M) ($5.0M) ($2.9M)
Morgan Stanley Notey Arsenic Gojee

($1.6M) ($3.0M) ($4.0M)
Total Funding
Top Funding Rounds in last 24 months (1/2)
Company $ Amount Round Date Investors
LIVEKINDLY (2017, Canada, $336M) $200M Series D Mar 2020 Blue Horizon Ventures
Hupu (2004, China, $339M) $182M Series F Jun 2019 Bytedance
Barstool Sports (2003, United States, $186M) $163M Series B Jan 2020 Penn National Gaming
LIVEKINDLY (2017, Canada, $336M) $135M Series D Oct 2020 Griffith Foods, EQT, Blue Horizon
News Break (2015, United States, $151M) $115M Series C Jan 2021 IDG Capital, Francisco Partners
Smart News (2012, Japan, $182M) $92M Series E Nov 2019 GMO Venture Partners, Dentsu, D.A.Consortium, Globis Capi.., +2 more
Jiemian News (2014, China, $150M) $72M Series C Aug 2020 Shanghai Xuhui State-owned Assets Investment, China I..
The Athletic (2016, United States, $134M) $50M Series D Jan 2020 Evolution Media, Bedrock
Group Nine Media (2016, United States, $675M) $50M Series D Sep 2019 IVP, Axel Springer, Discovery Communications
HODINKEE (2008, United States, $44M) $40M Series B Dec 2020 TCG, GV, Future Shape, True Ventures, lvmhluxuryventures.com, +2 more
MinuteMedia (2011, Israel, $160M) $40M Series G Feb 2020 Dawn Capital
MinuteMedia (2011, Israel, $160M) $40M Series G Jun 2019 Gemini Israel Ventures, ProSiebenSat.1 Media, Qumra Cap.., +6 more
Top Funding Rounds in last 24 months (2/2)
Company $ Amount Round Date Investors
Brut (2016, France, $51M) $40M Series B Oct 2019 Blisce, Red River West, Aryeh B Bourkoff, Eric Zinterhofer
FreightWaves (2017, United States, $76M) $37M Series B Jul 2020 Prologis, Engage, Story Ventures, Hearst Ventures, Revoluti.., +3 more
DailyHunt (2007, India, $333M) $35M Series F Feb 2019 Goldman Sachs
InShorts (2013, India, $64M) $35M Series C Sep 2020 Addition, SIG GLOBAL
MissMalini (2008, India, $4M) $632K Seed Jul 2019 New Enterprise Associates, Orios Venture Partners, +2 more
Contents
Overview
Funding
Investors YoY Investor Trends
Acquisitions Most Active Investors: VC - Seed
IPOs Most Active Investors: VC - Early
Companies Most Active Investors: VC - Late
Unicorns Most Active Investors: PE
Business Models Most Active Investors: Accelerators & Incubators
News
Appendix
Y-o-Y Active Investors
Y-o-Y # of unique Institutional Investors in Internet First Media Top Institutional Investors in the last 2 years
Stage Investor name # Rounds in Last 2y1
Y Combinator 3 ( <> 0% )
Seed Stage Snap 3 ( -- )
Techstars 2 ( -- )
Fontinalis 2 (▲100%)
Partners
Early Stage Shunwei Capital 2 (▲100%)
3one4 Capital 2 (▼33%)
Goldman Sachs 3 (▲50%)
Late Stage Sofina 3 ( -- )
JD.com 2 ( -- )
First-time Investors Existing Investors
Note: First-time investors and Existing Investors are calculated from the available Equity Funding Rounds on Tracxn Platform. 1.The numbers in bracket correspond to the change from previous period.
Most Active Investors: Accelerators & Incubators
# Overall # Investments in
# Investor Name Country investments Feed* Notable Investments in Feed*
1 500 Startups United States 1770 25 Bustle ($50.5M), POPxo ($12.2M), Curio ($10.8M)
2 ESPACIO Colombia 24 20 Argentina Reports, Techli, Tech in DC
3 Y Combinator United States 2588 15 The Athletic ($134M), Tech in Asia ($13.0M), Lokal ($3.9M)
4 Techstars United States 1992 9 Circa ($4.7M), Nextly ($2.9M), Spoon University ($2.7M)
5 MassChallenge United States 2304 6 FreshFeed ($1.0M), Abridge News, Footnote
6 GIST Network United States 1057 5 World Plus, AMEinfo, Energy Infra Post
7 Matter United States 14 5 News Deeply ($7.5M), Nuzzel ($5.1M), Ripple ($4.0M)
8 DG Incubation Japan 138 4 Digg ($49.0M), Nuzzel ($5.1M), Noin ($2.8M)
9 Axilor Accelerator India 123 4 Awesummly ($147K), Unfound ($85.7K), UnFound ($70.6K)
10 TLabs India 57 4 InShorts ($64.4M), Murmur ($1.1M), Skift ($1.1M)
Note: *Feed = Internet First Media. The number in bracket refers to the total funding raised by the company.
Most Active Investors: VC - Seed
# Investor Name Country Notable Investments in Feed*
investments Feed*
Group Nine Media ($675M), BuzzFeed ($497M), Refinery29
1 Lerer Hippeau Ventures United States 357 25 ($137M)
2 Zhen Fund China 566 15 Yidianzixun ($184M), Happy Juzi ($33.3M), Youcheyihou
($33.2M)
3 SV Angel United States 612 11 BuzzFeed ($497M), Pando ($14.7M), Wildcard ($10.0M)
4 East Ventures Japan 289 11 Gunosy ($24.0M), Tech in Asia ($13.0M), Hoodline ($11.6M)
5 Kima Ventures France 745 9 Brut ($51.1M), OMG Digital ($2.3M), Barkibu ($1.4M)
6 Social Starts United States 295 9 Smart News ($182M), Mashable ($46.0M), Fresco News
($7.3M)
Bertelsmann Digital Media The Athletic ($134M), Mic ($61.3M), intent Media Works
7 Investments United States 111 8 ($13.0M)
Bleacher Report ($42.6M), IGN Entertainment ($35.0M),
8 Crosslink Capital United States 261 7 Fatherly ($6.0M)
9 Wavemaker Partners United States 374 7 News Deeply ($7.5M), Fresco News ($7.3M), PureWow ($2.5M)
10 Uncork Capital United States 209 7 Curse ($65.2M), Bleacher Report ($42.6M), Hoodline ($11.6M)
Most Active Investors: VC - Early Stage
investments Feed*
1 Greycroft Partners United States 341 18 Group Nine Media ($675M), Goop ($82.0M), Thrive Global
($65.0M)
2 Advancit Capital United States 91 15 The Athletic ($134M), Thrive Global ($65.0M), Mic ($61.3M)
3 Comcast Ventures United States 257 14 Vox Media ($324M), Flipboard ($211M), The Athletic ($134M)
4 Accel United States 828 13 Vox Media ($324M), Complex ($60.7M), SB Nation ($57.5M)
5 Omidyar Network United States 334 13 DailyHunt ($333M), Digg ($49.0M), News Deeply ($7.5M)
6 New Enterprise Associates United States 973 12 BuzzFeed ($497M), Motricity ($179M), Goop ($82.0M)
7 Sequoia Capital United States 1440 12 Toutiao ($3.1B), DailyHunt ($333M), Dongqiudi ($122M)
8 North Base Media United States 35 12 MinuteMedia ($160M), 90Min ($39.0M), Pocket Aces ($20.9M)
9 GDP Venture Indonesia 64 11 IDN Times, Kumparan, Kincir
10 IDG Capital China 467 10 News Break ($151M), 36Kr ($144M), Huoxing24 ($23.6M)
Note: *Feed = Internet First Media. The number in bracket refers to the total funding raised by the company. Early Stage refers to Series A and Series B rounds
Most Active Investors: VC - Late Stage
investments Feed*
1 China Media Capital China 27 3 Wallstreetcn ($15.2M), Caixin Media ($5.9M), Upbox ($1.1M)
2 7 Global Capital United States 108 3 Thrive Global ($65.0M), Axios ($30.0M), Herb ($4.1M)
3 Focus Ventures United States 103 2 Buzznet ($43.5M), Commuter 21
4 Bridgescale Partners United States 50 2 The Street ($15.0M), CNET
5 Infinity Group Israel 81 2 36Kr ($144M), Asiaone
6 Blueprint Ventures China 17 2 Flipboard ($211M), Youcheyihou ($33.2M)
7 Lead Edge Capital United States 74 1 Refinery29 ($137M)
8 DST Global Russia 102 1 Toutiao ($3.1B)
9 DAG Ventures United States 172 1 High Gear Media ($11.9M)
Millennium Technology
10 Value Partners United States 80 1 Glam
Note: *Feed = Internet First Media. The number in bracket refers to the total funding raised by the company. Late Stage refers to Series C & beyond rounds.
Most Active Investors: PE
investments Feed*
1 DT Capital Partners China 157 5 Huoxing24 ($23.6M), iYiou ($14.6M), 51 Auto ($4.5M)
Jun Sheng Investment

2 China 88 5 Caixin Media ($5.9M), Lnwuf.com, Zealer
Management
3 General Atlantic United States 258 4 Toutiao ($3.1B), BuzzFeed ($497M), Vox Media ($324M)
4 TCV United States 173 3 Motricity ($179M), Tastytrade ($60.4M), The Street ($15.0M)
5 Entrepreneur Venture France 156 3 Notrefamille ($1.6M), NetMediaEurope, Toutabo
6 Providence Equity Partners United States 190 3 UOL ($100M), Major League Soccer, YES Network
7 Main Capital Partners Netherlands 57 3 Aerospace Technology, AltAssets, Computable
8 North Equity United States 9 3 The War Zone, Interesting Things, Better You
9 Apax Partners China 192 2 Zinio ($54.0M), NewsFam
10 KKR United States 364 2 Toutiao ($3.1B), Texture ($130M)
Contents
Overview
Funding
Investors
Acquisitions Acquisition Trends
IPOs List of Acquisitions
Companies Most Active Acquirers
Unicorns
Business Models
News
Appendix
Quick Snapshot - Acquisitions
Key Stats Y-o-Y Acquisition Trends All-time Top Acquisitions
$662M $193M $371M $120M - Company Acq. Price
528 5.5 Yrs Pride International $7.3B
(1966, Houston)
# Total Avg. yrs from first
Acquisitions funding to Acq. Yahoo
(1994, Sunnyvale, $6.8M)
$4.5B
AOL $4.4B
$15.4M $302M (1985, New York City)
Avg. Funding Avg. Acq. Price YES Network

raised before Acq. (2002, New York City)
$3.5B
# of Acquisitions Avg. Acquisition Price
CDF.cl $1.2B
(2003, Santiago)
Top Investors by # Acq. Exits Acquisitions Distribution by Acq. Price
Millennium Bank $1.1B
Investor # Acq. Notable Acq. (2000, Athens)
Lerer Hippeau Refinery29, Mic,
7 Bitauto
Ventures Fatherly,.. (2000, Beijing, $44.9M)
$1.1B
Nuzzel, Bleacher
Uncork Capital 6
Report, F.. Internet Brands
(1998, El Segundo)
$1.1B
Popsugar, Business
IVP 5
Insider..
MarketWatch $528M
Lightspeed Venture 5 IGN Entertainment, (1997, New York City)
Part.. Mic, Li..
AllTrails, Nuzzel, CNET $500M
500 Startups 5 (1994, San Francisco)
POPxo, ..
# of Acquisitions
Back to index
List of Acquisitions (1/2)

Company Acquirer(s) Acq. Date Acq. Price
Social Media Week Adweek Jan 2021 -
(2009, United States)
E&E News Politico Dec 2020 -

Chefs Feed Tastemade Dec 2020 -

(2011, United States, $6M)
The Penny Hoarder Sykes Dec 2020 $103M

DogVills Pawzitivity Pets Dec 2020 -

Charlotte Agenda Axios Dec 2020 $5M

Dugout One Football Dec 2020 -

(2016, United Kingdom, $12M)
FindBiometrics The ChannelPro Network Dec 2020 -

(2003, Canada)
Mobile ID World The ChannelPro Network Dec 2020 -

(2013, Canada)
Crossing Broad XLMedia Dec 2020 $12M

Back to index
List of Acquisitions (2/2)

Company Acquirer(s) Acq. Date Acq. Price
Epicstream Gfinity Dec 2020 -
Moretify iMEDIA Dec 2020 -

(2015, Malaysia)
MMORPG.com MOBA Network Dec 2020 $1M

Chasing Cars Budget Direct Nov 2020 -

(2012, Australia)
Lovin Greencastle Capital Nov 2020 -

(2015, Ireland)
Quartz Nov 2020 -

TheBusinessDesk.com Pendeford Nov 2020 -

(2007, United Kingdom)
Rue Danny Seo Oct 2020 -

AcquireMedia Moody's Oct 2020 -

Hoodline Impress3 Oct 2020 -

View all 528 companies on Tracxn Platform
Most Active Acquirers
Average
# Acquirer Country # Acq. Companies Acquired
Acq. Price
1 - - 8 $1.7M AllTrails ($2.9M), AllTrails ($2.9M), Collider ($1.1M), IrishCentral ($100K) +4 more
2 Dotdash United States 7 $3.1M Liquor.com ($3.1M), Simply Recipes, TreeHugger, MyDomaine +3 more
3 AOL United States 5 $9.1M Outside.in ($14.4M), Gdgt ($3.7M), Patch.com, TechCrunch +1 more
4 Red Ventures United States 5 - CNET, GameSpot, ZDNet, Giant Bomb +1 more
5 Axel Springer SE Germany 4 $32.7M Business Insider ($64.6M), Vertical Media ($778K), Gruenderszene, TICbeat
6 RockYou United States 4 $17.0M Cafe Media ($17.0M), LittleThings, Mom.me, MamásLatinas
7 Evolve Media United States 4 $1.0M Dogtime ($1.0M), TotalBeauty, RealityTea, PlayStation LifeStyle
8 Billboard United States 4 - Stereogum, Spin, VIBE, Deathandtaxes
9 Future United Kingdom 3 $176M Purch ($176M), SmartBrief, Cinemablend
Note: Numbers in bracket indicate the Acquisition Price of the company.
Back to index
List of Acqui-hires
Company Acquirer Acq. Date Acq. Price Company Acquirer Acq. Date Acq. Price
Magicseaweed Surfline Oct 2017 - Summify Twitter Jan 2012 -
(2002, United Kingdom) (2010, Canada)
Techli Publicize Jul 2017 - Hardware Zone Update SPH Magazines Sep 2006 $7.1M
(2011, United States) (1998, Singapore)
Omni penthouse.com Jul 2017 -

Ghafla Ringier May 2016 $293K

(2011, Kenya, $25K)
Press Start Australia SouthernCrossA

(2013, Australia) ustereo Mar 2016 -
Newsana reli.sh Sep 2015 -

(2012, Canada, $489K)
NRG Israel Today Mar 2014 $856K

(2010, Israel)
LaunchGram Referly Feb 2013 -

(2012, United States, $50K)
Startup Digest Startup

(2009, United States, $200K) Weekend Oct 2012 -
Milk Studio Google Mar 2012 $15.0M

Contents
Overview
Funding
Investors
Acquisitions
IPOs IPO Trends
Companies List of IPOs
Unicorns
Business Models
News
Appendix
Quick Snapshot - IPOs
Key Stats Y-o-Y IPO Trends All-time Top IPOs
- - - $4.1M - Company IPO MCap
62 3.8 Yrs Leaf Group $1.4B

(2006, Santa Monica, $356M)
# Total IPOs Avg. yrs from first
funding to IPO Gunosy
(2012, Minato, $24.0M)
$234M
Rediff.com $199M
$119M $278M (1996, Mumbai, $2.0M)
Avg. Funding Avg. IPO Mcap Salon

raised before IPO (1995, San Francisco)
$113M
# of IPOs Avg. IPO MCap
Magmag $4.1M
(1999, Shinagawa)
Top Investors by # IPO Exits IPOs Distribution by IPO Mcap
MNCMediaInvestment $2.1M
Investor # IPOs Notable IPOs (1999, Singapore)
Rediff.com, Leaf
Citi 2 Siamsport
Group (1973, Bueng Kum)
$35.1K
JAFCO 2 Gunosy, Gunosy

GoingPublic -
(2016, Munich)
Oak Investment
2 Lycos, Leaf Group
Partners
InvestorZone -
(2018, Ghaziabad)
KDDI 2 Gunosy, Gunosy
Sprylogics -
Adobe 1 Salon (2013, Concord, $3.3M)
# of IPOs
Back to index
List of IPOs (1/2)

Company Investors IPO Date IPO Mcap
Magmag Sep 2020 $4M
(1999, Japan)
GoingPublic Jul 2019 -

(2016, Germany)
InvestorZone May 2019 -

(2018, India)
Sprylogics The Delavaco Group, Sygnus Ventures Dec 2018 -

(2013, Canada, $9M)
Qutoutiao Advantech Capital, Lighthouse, Oceanpine

Sep 2018 -
(2016, China, $242M) Capital, InnoVision Capital, +8 more
Win News Oct 2016 -
(1999, India)
Jlltd.in Jun 2016 -

(1994, India)
Viapresse Sep 2015 -

(1997, France)
FUJISAN MAGAZINE SERVICE Jul 2015 -

(2002, Japan)
Gunosy Das Capital, East Ventures, KDDI, JAFCO Apr 2015 $234M
(2012, Japan, $24M)
Back to index
List of IPOs (2/2)

Company Investors IPO Date IPO Mcap
Gunosy KDDI, B Dash Ventures, JAFCO Apr 2015 -
(2012, Japan, $24M)
ComtexNewsNetwork Dec 2014 -

Kayak Globis Capital Partners, CyberAgent Ventures Dec 2014 -

(1998, Japan)
Planet Jul 2014 -

(2000, France)
Jerrick Media Holdings Oct 2013 -

MNCMediaInvestment iD TechVentures Sep 2013 $2M

(1999, Singapore)
Motricity Noro-Moseley Partners, Advanced Equities, Sep 2012 -

(2001, United States, $179M) Advanced Equities Inc, +21 more
Jupiter Infomedia Aug 2012 -
(2005, India)
Chinese Investors Jan 2012 -

(1999, United States, $320K)
VIVA Nov 2011 -

(2008, Indonesia)
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies Top Companies
Unicorns Companies by Geography
Business Models Companies by Team Background - College wise
News Companies by Team Background - Company wise
Appendix
Top Companies
Company Tracxn Score Company Tracxn Score Company Tracxn Score
InShorts 76.8 Tech in Asia 67.9 Webedia 67.3
(2013, India, $64.4M) (2011, Singapore, $13.0M) (2007, France, $4.7M)
CNET 73.2 DailyHunt 67.8 BuzzFeed 67.0

(1994, United States) (2007, India, $333M) (2008, United States, $497M)
One Football 71.7 Popsugar 67.8 Tastytrade 66.6

(2008, Germany, $20.1M) (2006, United States, $46.0M) (2011, United States, $60.4M)
Thrive Global 71.1 YourStory Media 67.8 365Scores 66.4

(2016, United States, $65.0M) (2008, India, $14.0M) (2008, Israel, $6.7M)
Flipboard 70.7 AllTrails 67.8 IGN Entertainment 66.3

(2010, United States, $211M) (2010, United States, $2.9M) (1996, United States, $35.0M)
NowThis 70.2 MinuteMedia 67.8 The Athletic 65.9

(2012, United States, $32.1M) (2011, Israel, $160M) (2016, United States, $134M)
FreightWaves 69.6 Business Insider 67.5 Rediff.com 65.7

(2017, United States, $76.4M) (2007, United States, $64.6M) (1996, India, $2.0M)
Yahoo 69.0 Thrillist 67.5 LIVEKINDLY 65.5

(1994, United States, $6.8M) (2005, United States, $69.0M) (2017, Canada, $336M)
Toutiao 68.7 Pocket Aces 67.4 Refinery29 65.5

(2012, China, $3.1B) (2013, India, $20.9M) (2004, United States, $137M)
Momspresso 68.3 Times Internet 67.4 Nuzzel 65.4

(2010, India, $6.1M) (1999, India, $7.0M) (2010, United States, $5.1M)
View all 9,282 companies on Tracxn Platform
Note: Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Early Stage Editor’s Pick (1/2)
Sports Flashes 63.7 Deepstash 41.8 TechQuila 36.8
(2016, India, $1.6M) (2019, United States, $3.6M) (2017, India)
CricHeroes 53.3 OMG Digital 41.4 All Football 34.7

(2016, India, $245K) (2016, Ghana, $2.3M) (2016)
Finshots 53.3 Football 40.0 Cannabis Tech 33.8

(2019, India, $564K) (2017, Iran) (2017, United States)
Rugby 51.9 PMS Bazaar 39.8 Affiliate Insider 33.8

(2016, Australia, $9.1M) (2017, India) (2017, United Kingdom)
Hacker Noon 51.1 Acciyo 39.6 OMG Voice 33.7

(2016, United States, $1.0M) (2017, United States, $25.0K) (2016, Ghana, $1.1M)
KidzByte 48.9 Femyo 39.5 UpSwing Health 33.5

(2018, India, $289K) (2018, Romania) (2017, United States)
Kabaddi Adda 43.8 Bambooks 39.1 Noin 33.5

(2018, India, $215K) (2018, Nigeria) (2016, Japan, $2.8M)
DPG Media 42.4 ThePrint 38.4 Fan360 33.3

(2019, Belgium) (2016, India, $7.6M) (2018, United Kingdom)
The Hustle 42.4 PaperKing 37.8 Crumblyy 32.3

(2016, United States, $250K) (2016, India) (2017, India)
Listle 42.3 World Plus 37.4 Listory 31.9

(2019, United States, $150K) (2019, Singapore) (2020, United States, $4.0M)
Early Stage Editor’s Pick (2/2)
Space in Africa 31.8 Awaaz 26.2 TheSpruce 21.7
(2018, Nigeria) (2018, India, $788K) (2017, United States)
Algerie7 31.8 Ecommerce Magazine 25.9 The Factual 20.0

(2017, Senegal) (2017, United States) (2016, United States)
Unfound 31.7 Akelicious 25.6 QuadZeta Technologies 19.8

(2017, India, $85.7K) (2018, Nigeria) (2017, India)
HODL 29.7 Loopsider 25.3 Goalcast 19.7

(2017, United States) (2017, France) (2016, Canada)
Madarsho 29.6 Lightning Dubbing 24.9 Tribuna Digital 19.3

(2016, Iran) (2017, China, $2.3M) (2016, Russia)
TokenPost 29.5 Fassker 23.9 VeryWell 18.3

(2017, South Korea) (2016, South Korea) (2016, United States)
InsideSport 29.0 Soy Emprendedor 23.8 The Sprawl 16.4

(2017, India) (2016, Colombia) (2017, Canada)
Undark 27.8 Psychic Ventures 23.2 DusBus 16.2

(2016, United States) (2018, United Kingdom, $513K) (2016, India)
Fintechzoom 26.7 yup.gg 22.8 Lifewire 15.0

(2018, United Kingdom) (2019, Singapore) (2016, United States)
Allnews 26.4 esportz 22.3 Wroops 14.0

(2017, Switzerland) (2018, United States, $50.0K) (2016, India)
Companies by Geography
Distribution by Country - Companies founded Top Cities by Companies founded
Total Companies New York City 530

United States 2623
London 381
India 1683
Mumbai 235
United Kingdom 691

San Francisco 197
China 343
Bangalore 176
Germany 251
Los Angeles 156
Canada 213 Jakarta 153
France 150 Beijing 125
Japan 82 Paris 87
Shanghai 41
Companies by Team Background - College wise
Harvard University NowThis Mic UGO Entertainm..

($32.1M) ($61.3M) ($58.0M)
Stanford University BabyCenter BabyCenter Livingly Media

($13.5M) ($13.5M) ($15.7M)
University of Thrillist 90Min MinuteMedia

Pennsylvania ($69.0M) ($39.0M) ($160M)
Massachusetts Citizen Sports Vinous Gojee

Institute of Tec.. ($10.0M) ($5.0M) ($4.0M)
University of AllBusiness.com ChipIn Outside.in

California (Berk.. ($37.4M) ($6.2M) ($14.4M)
Columbia University BuzzFeed Joyus Refinery29

($497M) ($43.4M) ($137M)
Kellogg School of Industry Dive World History .. juanfutbol

Management ($900K)
Harvard Business HitFix UGO Entertainm.. Allvoices

School ($10.2M) ($58.0M) ($9.0M)
Companies by Team Background - Company wise
Microsoft Laugh Radio Wavii Flipboard

($2.3M) ($2.0M) ($211M)
Google Jiuhuar Jiuhuar Digg

($2.6M) ($2.6M) ($49.0M)
Amazon Monogram Chakpak Media Inkblazers

($1.3M) ($5.0M) ($1.0M)
McKinsey The Athletic A Plus News Deeply

($134M) ($3.8M) ($7.5M)
Apple NOWBOX Flipboard PTA

($211M) ($2.4M)
Goldman Sachs CRMDaily Mic Pocket Aces

($61.3M) ($20.9M)
Boston Consulting POPxo India Parenting Nextly

Group ($12.2M) ($5.0M) ($2.9M)
Facebook Women.com Thirst Sidewire

($1.8M) ($950K) ($4.8M)
Funded Deadpooled Companies
Company $ Funding Company $ Funding Company $ Funding
Defy Media $70.0M NowPublic $12.0M The Cipher $4.4M
(2013, United States) (2005, Canada) (2014, United States)
UGO Entertainment $58.0M Wildcard $10.0M U.S. Local News Network $4.2M
(1997, United States) (2013, United States) (2009, United States)
Carday $25.0M Citizen Sports $10.0M Soccerapp $3.9M

(1999, United States) (2005, United States) (2015, China)
Back9Network $22.5M Fresco News $7.3M Thoora $3.7M

(2010, United States) (2014, United States) (2008, Canada)
Gigaom $22.0M Fanzo $6.0M Webflakes $3.0M

(2006, United States) (2012, United States) (2012, Israel)
Aigou $20.0M PlaceBlogger $5.0M Nextly $2.9M

(2005, China) (2006, United States) (2010, United States)
Mofang $17.2M Sidewire $4.8M All Day $2.3M

(2013, China) (2015, United States) (2013, United States)
Wallstreetcn $15.2M Kongdoo Monster $4.8M Laugh Radio $2.3M

(2013, United States) (2014, South Korea) (2016, United States)
intent Media Works $13.0M 51 Auto $4.5M Vizo news $2.1M

(2003, United States) (2005, China) (2014, United States)
Ongo $12.0M United News Internatio.. $4.5M OpenBuildings $2.0M

(2007, United States) (2012, United States) (2010, Bulgaria)
View all 224 Funded Deadpooled companies on Tracxn Platform
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns Top Unicorn Investors by Stage of Entry
Business Models Soonicorn Club - List of Soonicorns
News Soonicorn Club - List of Minicorns
Appendix
Unicorn Trends
Internet 10 7.9 $129M 6 5.8
First Media # Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round
Global
1434 4.6 $364M 4 5.8
# Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round
Top Seed Stage Investors Top Early Stage Investors Top Late Stage Investors Top Countries
Accel General Atlantic Newlin Investment Campany United States (5)
Advent Capital Management Shunwei Capital Providence Equity Partners China (3)
Allen & Company Blockchain Secure

Bytedance Cryptocurrency India (1)
Alphawave NBCUniversal Japan (1)
B Capital Group Sequoia Capital
+ 20 more + 53 more
Note: Investors refers to Institutional Investors only. Top Investors are calculated based on investments before the Unicorn Round.
List of Unicorns (1/2)
Company Short Description Unicorn Time from Series $ Funding2 # Rounds2 # Investors2
Event Date A (yrs)1
CNET Website for product reviews, software
May 2008 - 0 0
(1994, San Francisco, -) downloads and tech news
Toutiao Personalized news aggregator app May 2008 - - 0 0

(2012, Beijing, $3B)
DailyHunt Aggregator of news in Indian regional languages Dec 2020 11.2 $333M 13 16
(2007, Bangalore, $333M)
BuzzFeed US-based social news provider Sep 2015 7.2 $97M 8 7

(2008, New York City, $497M)
Penske Media Corporation Digital media corporation Feb 2018 9.4 $35M 1 1
(2003, Los Angeles, $235M)
Smart News Personalized news discovery platform Nov 2019 6.3 $88M 5 8
(2012, Tokyo, $182M)
Vox Media Digital media publishing network Aug 2015 6.6 $124M 9 5
(2003, Washington, DC, $324M)
YES Network Sport news network Nov 2012 - 1 1

(2002, New York City, -)
1 - Time taken from First funding to the Unicorn Event Date. 2 - Before Unicorn Round
List of Unicorns (2/2)
Company Short Description Unicorn Time from Series $ Funding2 # Rounds2 # Investors2
Event Date A (yrs)1
Hupu Sports commentary and news platform Jun 2019 11.8 $156M 5 4
(2004, Shanghai, $339M)
Yidianzixun Personalized news aggregator app Nov 2017 3.2 $72M 6 4

(2013, Beijing, $184M)
1 - Time taken from First funding to the Unicorn Event Date. 2 - Before Unicorn Round
Back to List
CNET
Website for product reviews, software downloads and tech news
1.8M
Twitter Followers
3.9M
Mobile Downloads
1994 United States - - - - 35

Founded Country Funding Annual Revenue Employee Count App Rating News Mentions
Founding Team Top Competitors
Richard Nieva Shara Tibken

- News Author
- - E27 TechRepublic 36Kr
(2006, Singapore, $$3M) (1997, San Francisco) (2010, Beijing, $$144M)
Don Reisinger Dara Kerr

- -
- - Digital Trends GeekWire Inc.
(2006, Portland) (2011, Seattle) (2010, New York City)
View all 11 Founders View all 541 Competitors
Key News
• Sep-2020 - ViacomCBS Sells CNET For $500 Million jewishbusinessnews.com
• Aug-2020 - Poor Performing Tech Site Cnet Up For Sale Value Drops From
$1.8b To Sub $500m jewishbusinessnews.com
• Jan-2019 - CNET and GameSpot Team up to Deliver the Ultimate 2019
Consumer Electronics Show Experience jewishbusinessnews.com
• Jun-2018 - CNET is now on Apple TV jewishbusinessnews.com
Back to List
Toutiao
Personalized news aggregator app
721
Twitter Followers
3.0M
Mobile Downloads
2012 China $3.1B - - - 133

Zhang Yiming
Founder
- Yahoo DailyHunt Smart News
(1994, Sunnyvale, $$7M) (2007, Bangalore, $$333M) (2012, Tokyo, $$182M)
Gunosy Blendle NewsDog

(2012, Minato, $$24M) (2014, Utrecht, $$9M) (2016, Delhi, $$50M)
View all 433 Competitors
Funding Rounds Key News

Jun 2018 Undisclosed Series E KKR • Apr-2020 - Cloud Whale Intelligent completed nearly 100 million yuan of
round B financing, and the source code capital and byte .. pedaily.cn
Aug 2017 $2B Series E General Atlantic
• Dec-2020 - Baidu responds to today’s headline litigation dispute: an appeal
Dec 2016 $1B Series D Sequoia Capital, China will be filed pedaily.cn
Construction ..
• Sep-2020 - Feishu launched a one-stop conference room solution to
Jun 2014 $100M Series C Sequoia Capital, Sina comprehensively improve the efficiency of corporate meetings pedaily.cn
Sep 2013 Undisclosed Series B DST Global • Aug-2020 - Byte Lian launches two apps, "Xuelang" and "Qingbei Xiaoban",
and then pushes for online education pedaily.cn
Jul 2012 Undisclosed Series A SIG China
View all Key News
Back to List
DailyHunt
Aggregator of news in Indian regional languages
32.3K
Twitter Followers
300M
Mobile Downloads
2007 India $333M $19.6M 930 4 149

Rohit Mathur Umang Bedi

- Co-Founder
- Ex- Facebook, Adobe, Intuit, Symantec InShorts Smart News NewsDog
Corporation, Sun Microsystems, S.. (2013, Delhi, $$64M) (2012, Tokyo, $$182M) (2016, Delhi, $$50M)
Chandrashekhar Sohoni Virendra Kumar Gupta

Co-Founder Co-Founder
Co-Founder & CEO EnrichVideo, ex- - AOL Lycos OneIndia
Founder & CEO Amigobulls, Amber Netw.. (1985, New York City) (1994, Waltham) (2006, Bangalore, $$2M)
View all 7 Founders View all 95 Competitors

Nov 2020 $100M Series G Google, Microsoft, Alpha.. +4 more • Apr-2020 - Dailyhunt in talks with Alpine Capital for $25 million funding
round moneycontrol.com
Apr 2020 $63M Series G Lupa Systems, Bytedance +3 more
• Aug-2019 - SoftBank may lead funding in Lenskart, back Dailyhunt
Aug 2019 $3M Series F moneycontrol.com
May 2019 $22M Series F Sofina • Aug-2019 - Dailyhunt secured funding from Goldman Sachs moneycontrol.com
Feb 2019 $35M Series F Goldman Sachs • Aug-2019 - Dailyhunt Secures Nearly $25 Mn Funding In Ongoing Series F
Round moneycontrol.com
Sep 2018 $6M Series E Falcon Edge Capital +5 more
View all 13 Funding Rounds View all Key News
Back to List
BuzzFeed
US-based social news provider
6.5M
Twitter Followers
7.8M
Mobile Downloads
2008 United States $497M - - - 338

Jonah Peretti John Johnson

Co-Founder & CEO Co-Founder
Co-founder of The Huffington Post Ex-Johnson Research Labs, Harmony Kumparan Digg Onedio
Hotel, The Pacific Foundation (2016, Jakarta) (2004, New York City, $$49M) (2009, Ankara, $$6M)
Vix OZY Arré

(2005, Miami, $$83M) (2012, Mountain View, $$41M) (2015, Mumbai, $$8M)

Nov 2016 $200M Series G NBCUniversal • Jun-2019 - Ken Lerer steps down as BuzzFeed’s chairman after decade in
role nypost.com
Sep 2015 $200M Series F NBCUniversal
• Jan-2021 - BuzzFeed started contacting SPAC to discuss listing matters
Feb 2015 $251K Series E nypost.com
Jul 2014 $50M Series E Andreessen Horowitz • Nov-2020 - Post acquisition by BuzzFeed, HuffPost India shuts down
operations nypost.com
Jun 2014 Undisclosed Series D Man Capital
• Nov-2020 - Verizon Media and BuzzFeed Announce New Strategic
Jan 2013 $19M Series D New Enterprise Associates +4 more Partnership nypost.com
View all 10 Funding Rounds View all Key News
Back to List
Penske Media Corporation

Digital media corporation
4.4K
Twitter Followers
-
Mobile Downloads
2003 United States $235M - - - 76

Jay Penske
Chairman & CEO
Dragon racing. University of Pennsylvania - Pocket Aces Times Internet Webedia
The Wharton School (2013, Mumbai, $$21M) (1999, Gurgaon, $$7M) (2007, Levallois-perret, $$5M)
Rediff.com UOL Multiply Media

(1996, Mumbai, $$2M) (1996, Sao Paulo, $$100M) (2003, Boca Raton, $$29M)

Feb 2018 $200M Series C Public Investment Fund • Dec-2020 - Penske Appoints SVP of Licensing and Brand Development
licenseglobal.com
Oct 2008 $35M Series A Quadrangle Group
• Dec-2020 - Penske Media Announces New SVP of Licensing and Brand
Development licenseglobal.com
• Nov-2020 - DOJ in antitrust probe of Penske Media’s deal to buy The
Hollywood Reporter licenseglobal.com
• Oct-2020 - Penske Media and MRC Form Publishing and Content Ventures
licenseglobal.com
Back to List
Smart News
Personalized news discovery platform
26.0K
Twitter Followers
30.0M
Mobile Downloads
2012 Japan $182M - - - 28

Kaisei Hamamoto Ken Suzuki

CEO & Co-Founder Co-CEO & Co-Founder
ex-Director Rmake Co, Ltd., Development ex-Project Researcher at The University of Yahoo Toutiao DailyHunt
Manager at Open Knowledge Corp.. Tokyo (1994, Sunnyvale, $$7M) (2012, Beijing, $$3B) (2007, Bangalore, $$333M)
Gunosy Blendle NewsDog

(2012, Minato, $$24M) (2014, Utrecht, $$9M) (2016, Delhi, $$50M)

Nov 2019 $92M Series E Japan Post Capital +5 more • Nov-2019 - SmartNews raises $92M at a $1.2B valuation techcrunch.com
Jul 2016 $38M Series D Development Bank of Japan +1 more • Aug-2019 - News discovery app SmartNews valued at $1.1B techcrunch.com
Mar 2015 $10M Series C GREE, Atomico +3 more • Sep-2020 - SmartNews’ U.S. app unveils new features for the elections,
COVID-19 and local weather techcrunch.com
Aug 2014 $36M Series B Atomico, GREE
• Sep-2019 - SmartNews’ latest news discovery feature shows articles from
Feb 2014 Undisclosed Series A Social Starts across the political spectrum techcrunch.com
Aug 2013 $4M Series A Globis Capital Partners
View all Key News
Back to List
Vox Media
Digital media publishing network
-
Twitter Followers
-
Mobile Downloads
2003 United States $324M - - - 96

Jerome Armstrong Jim Bankoff

Co-Founder Chairman & CEO
Founder - Webstrong Portland State CEO Vox Media, Rosetta Stone, ex- Pocket Aces Times Internet Webedia
University, MS 2002 & BASc 1989 & H.. Providence Equity Partners, EVP AOL, .. (2013, Mumbai, $$21M) (1999, Gurgaon, $$7M) (2007, Levallois-perret, $$5M)
Tyler Bleszinski
Co-Founder
Founder - Sportsblogs, SBNation ex - Rediff.com UOL Penske Media Corp..
Ogilvy Public Relations (1996, Mumbai, $$2M) (1996, Sao Paulo, $$100M) (2003, Los Angeles, $$235M)

Aug 2015 $200M Series E NBCUniversal • Aug-2020 - Vox Media, Sports Bloggers Reach $4 Million Settlement Deal In
Ic Misclassification Case staffingindustry.com
Dec 2014 $47M Series D General Atlantic
• Aug-2020 - Benefitfocus Appoints New CEO And CFO To Drive Next Phase Of
Jun 2014 $74K Series D Growth staffingindustry.com
Nov 2013 $4M Series D • Jul-2020 - Vox Media preparing round of layoffs as business fails to improve
amid coronavirus pandemic staffingindustry.com
Oct 2013 $34M Series D Comcast Ventures +2 more
• Apr-2020 - Vox Media is cutting pay and furloughing 9% of employees
Mar 2012 $17M Series C staffingindustry.com
View all 10 Funding Rounds
Back to List
YES Network
Sport news network
243K
Twitter Followers
-
Mobile Downloads
2002 United States - - - - 54

Tracy Dolgin
ex-CEO
Ex - Fox Broadcasting, HBO, Stanford The Athletic theScore Sports Flashes
University Graduate School of Bus.. (2016, Chicago, $$134M) (2012, Toronto) (2016, Mumbai, $$2M)
ScoreStream MaxPreps Bleacher Report

(2012, San Diego, $$6M) (2003, Cameron, $$7M) (2005, San Francisco, $$43M)

Nov 2014 $2B Conven.. • Mar-2019 - Reports: Amazon, Sinclair Join Yankees on $3.5B YES Network
Deal multichannel.com
Nov 2012 Undisclosed PE Providence Equity Partners
• Aug-2020 - TikTok, Yankees sign strategic partnership multichannel.com
• Aug-2020 - TikTok Signs Deal With Yankees Even as Trump Threatens U.S.
Ban multichannel.com
• Mar-2020 - YouTube TV Says No to YES multichannel.com
View all Key News
Back to List
Hupu
Sports commentary and news platform
-
Twitter Followers
-
Mobile Downloads
2004 China $339M - - - 15

Shawn Cheng
Founder & CEO
The Arena Capital. Tsinghua University BS The Athletic theScore Sports Flashes
2001, Northwestern Universit.. (2016, Chicago, $$134M) (2012, Toronto) (2016, Mumbai, $$2M)
ScoreStream MaxPreps Bleacher Report

(2012, San Diego, $$6M) (2003, Cameron, $$7M) (2005, San Francisco, $$43M)

Jun 2019 $182M Series F Bytedance • Jun-2019 - Chinese online sports community Hupu receives USD 182 million
investment from ByteDance kr-asia.com
Jan 2018 $95M Series E CICC
• Sep-2020 - Men's personal care brand "Li Ran" completed nearly 100
Jun 2015 $39M Series D million yuan in financing kr-asia.com
Jun 2014 $16M Series C Greenwoods Asset Management • May-2020 - Chuanhupu is seeking US $ 100 million in financing and plans to
go public in the US at the earliest end of the year kr-asia.com
Sep 2012 $7M Series B Haitong Bank
• Jan-2018 - CICC Leads $95M Round In Chinese Online Sports Community
Sep 2007 Undisclosed Series A Morningside Venture Capital Hupu kr-asia.com
View all Key News
Back to List
Yidianzixun
Personalized news aggregator app
-
Twitter Followers
-
Mobile Downloads
2013 China $184M - - - 11

Zhaohui Zheng Ren Xugang

Co-Founder & CEO Co-Founder
- - Yahoo Toutiao DailyHunt
(1994, Sunnyvale, $$7M) (2012, Beijing, $$3B) (2007, Bangalore, $$333M)
Smart News Gunosy Blendle

(2012, Tokyo, $$182M) (2012, Minato, $$24M) (2014, Utrecht, $$9M)

Nov 2017 $112M Series E • Jul-2020 - Art Trading Platform Receives Capital Injection from Longling
Investment to Hold 2000+ Online Auctions with Turnover .. pencilnews.cn
May 2017 Undisclosed Series D Zhen Fund, IDG
• Dec-2018 - Yidianzixun boosts healthy development of self-media
Jul 2016 Undisclosed Series D pencilnews.cn
Nov 2015 Undisclosed Series C Xiaomi • Nov-2017 - China's news aggregator Yidian to get $112m from state fund,
others at $1b valuation pencilnews.cn
Apr 2015 $58M Series B Ifeng
• Oct-2017 - News aggregator Toutiao’s rival Yidian Zixun secures USD 100M
Nov 2014 $9M Series A Ifeng to solidify distribution channels, & more pencilnews.cn
View all 7 Funding Rounds
Investors in Unicorns by Stage of Entry (1/2)
Company Seed Stage Early Stage Late Stage
CNET Intel, Spark Capital Bridgescale Partners

(1994, San Francisco)
Toutiao Ethos Partners, K3 Ventures Shunwei Capital Alpha Square Group

(2012, Beijing, $3B)
Sequoia Capital, Matrix Partners India, Omidyar Google, Microsoft, Alphawave, Sofina, Lupa
DailyHunt OnMobile, Netcore Systems, B Capital Group, Falcon Edge..,
(2007, Bangalore, $333M) Network, Darby Overseas In..
+5 more
BuzzFeed SBNY, Founder Collective, Crosscut, SV Angel RRE Ventures, Hearst, SoftBank Group, Gross Andreessen Horowitz, Man Capital, New
(2008, New York City, $497M) Labs Enterprise Associates, Lerer Hippeau.., +1 more
Penske Media Corporation Quadrangle Group, Pilot Growth Equity, WI

(2003, Los Angeles, $235M) Harper Group, DCA Partners
Smart News Atomico, GREE, Social Starts, Globis Capital Development Bank of Japan, SMBC Venture
(2012, Tokyo, $182M) Partners Capital, Social Venture Partners, Mixi
Vox Media Comcast Ventures, Accel, Allen & Company General Atlantic, Khosla Ventures
(2003, Washington, DC, $324M)
YES Network Newlin Investment Campany Providence Equity Partners

(2002, New York City)
Hupu Haitong Bank, Morningside Venture Capital,

Zhiyi Capital CICC, Greenwoods Asset Management
(2004, Shanghai, $339M) Morningside Ventures
Note: “Investors” includes only those Institutional Investors who have invested before the Unicorn Round.
Investors in Unicorns by Stage of Entry (2/2)
Company Seed Stage Early Stage Late Stage
Yidianzixun Ifeng, Shunwei Capital Zhen Fund, IDG, Xiaomi

(2013, Beijing, $184M)
Top Unicorn Investors by Stage of Entry
# Unicorn
Investor Portfolio Seed Stage Early Stage Late Stage
Sequoia Capital 2 - DailyHunt Toutiao
NBCUniversal 2 - - Vox Media, BuzzFeed
Bytedance 2 - - DailyHunt, Hupu
New Enterprise
Associates 1 - - BuzzFeed
Goldman Sachs 1 - - DailyHunt
KKR 1 - - Toutiao
Accel 1 - Vox Media -
Andreessen Horowitz 1 - - BuzzFeed
SV Angel 1 BuzzFeed - -
Soonicorn Club - List of Soonicorns (1/1)
Company Tracxn Score Company Tracxn Score
InShorts 76.8 Goop 56.2
(2013, India, $64.4M) (2008, United States, $82.0M)
Thrive Global 71.1 Jiemian News 55.4

(2016, United States, $65.0M) (2014, China, $150M)
Flipboard 70.7 Vix 54.3

(2010, United States, $211M) (2005, United States, $82.5M)
FreightWaves 69.6 News Break 54.0

(2017, United States, $76.4M) (2015, United States, $151M)
MinuteMedia 67.8 SB Nation 48.6

(2011, Israel, $160M) (2005, United States, $57.5M)
Tastytrade 66.6 Dose 48.0

(2011, United States, $60.4M) (2009, United States, $34.5M)
The Athletic 65.9 Youcheyihou 44.6

(2016, United States, $134M) (2014, China, $33.2M)
LIVEKINDLY 65.5 Group Nine Media 41.6

(2017, Canada, $336M) (2016, United States, $675M)
Readly 63.1 VIVA 25.9

(2013, Sweden, $46.8M) (2007, China, $30.0M)
UOL 63.0
(1996, Brazil, $100M)
Note: A Soonicorn is a company which is likely to achieve US $1 billion valuation in the short to medium term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Soonicorn Club - List of Minicorns (1/2)
One Football 71.9 Religion of Sports 58.5 NewsBytes 53.0
(2008, Germany, $20.1M) (2013, United States, $13.0M) (2015, India, $3.0M)
Momspresso 68.3 Lokal 58.5 Arré 52.5

(2010, India, $6.1M) (2018, India, $3.9M) (2015, India, $8.3M)
Tech in Asia 67.9 Curio 57.8 SendtoNews 52.4

(2011, Singapore, $13.0M) (2016, United Kingdom, $10.8M) (2008, United States, $9.0M)
Pocket Aces 67.4 theSkimm 57.5 Strafe 49.8

(2013, India, $20.9M) (2012, United States, $29.5M) (2013, Sweden, $5.2M)
365Scores 66.4 Tickled Media 56.9 Popdust 48.7

(2008, Israel, $6.7M) (2009, Singapore, $8.2M) (2010, United States, $5.5M)
The Dodo 60.9 ScoopWhoop 56.1 EDITION F 48.5

(2013, United States, $17.4M) (2013, India, $8.0M) (2013, Germany, $4.3M)
Action Network 60.0 Baca 55.7 TechNode 46.9

(2017, United States, $17.5M) (2015, Indonesia, $20.0M) (2007, China)
VentureBeat 59.9 Ookbee 55.4 Canela Media 46.9

(2006, United States, $5.8M) (2012, Thailand, $28.0M) (2019, United States, $3.0M)
Bustle 59.4 Brut 54.4 AlleyWatch 46.5

(2013, United States, $50.5M) (2016, France, $51.1M) (2012, United States, $9.9M)
Architizer 59.2 The Better India 53.7 theAsianparent 45.5

(2009, United States, $19.3M) (2008, India, $3.7M) (2009, Singapore, $11.0M)
Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Soonicorn Club - List of Minicorns (2/2)
High Gear Media 45.0 CoinNess 39.9 Zumi 28.8
(2007, United States, $11.9M) (2017, China) (2016, Kenya, $370K)
Happy Juzi 44.5 Odaily Planet Daily 39.1 ChainDD 27.0

(2013, China, $33.3M) (2018, China, $4.7M) (2018, United States)
The News Funnel 43.4 Qiuduoduo 38.1

(2011, United States, $7.4M) (2015, China, $10.6M)
News Break American Hometown

(2015, United States, $20.1M)
43.1 Media 38.1
(2011, United States, $5.4M)
Surfingbird 42.5 Collective Culture 36.5
(2011, Russia, $5.4M) (2013, Mexico, $4.0M)
BitKan 42.4 Citynews 36.2

(2012, Singapore, $12.7M) (2010, Italy, $4.8M)
WMJ.ru 41.4 Heavy 34.5

(2005, Russia, $6.0M) (1999, United States, $30.0M)
90Min 41.4 Roar 34.4

(2011, India, $39.0M) (2014, Sri Lanka, $1.0M)
Gyro Finance 41.3 Trivone 33.9

(2018, China, $3.1M) (2010, India, $3.2M)
Huoxing24 40.7 TMTpost 33.0

(2018, China, $23.6M) (2015, China, $14.5M)
Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models Top Funded Business Models
News
Appendix
Marketmap: HR Tech Sep 2020
Marketmap - Internet First Media
MEDIA NETWORK Factsheet
Overview
PUBLISHERS AGGREGATORS Companies 9281
Funded 1783 Series A+ 362
MULTI- CURATED
Funding $14.9B Last 2 yrs $1.8B
CATEGORY NEWS
TRADITIONA Most Active Investors
L UNCURATED NEWS VC - Seed Lerer Hippeau .. (25)
VC - Early Greycroft Part.. (18)
SOCIA
L VC - Late China Media Ca.. (3)
REGIONAL
*
PE
LIFESTYL Incubators 500 Startups (25)
E
THEMATI DIGITAL NEWSSTANDS Exits
C IPOs 62 Magmag, GoingPu..
Acquisitions 528 Social Media We..
DEMOGRAPHIC Top Acquirers , dotdash.com
*
Feed in Numbers
SPORT Unicorns 10 Soonicorns 19
S Minicorns 53 Editor Picks 473
ENTERTAINMEN Acquihired 12 Deadpooled 824
T PODCASTS Top Companies
BUSINESS & FINANCE InShorts (2013, India, $64.4M)
CNET (1994, United States)
One Football (2008, Germany, $20.1M)
SCIENCE & TECHNOLOGY
Top Cities
Beijing 14 Cos $4.1B
START-UPS* New York City 40 Cos $2.8B
*Upcoming Business Model

Taxonomy
# Cos # Funded $ Funding
Taxonomy Tracked Cos. Total Funding (Last 2y) Notable Companies
Media Networks 3 Arena, AIM Media Indiana
Digital Media Groups 176 90 $2.3B $72.6M (▼76%) Pocket Aces, Times Internet
News Portals 3067 586 $7.0B $621M (▼77%) InShorts, Flipboard
Lifestyle 2031 456 $2.1B $384M (▲22%) Thrive Global, Momspresso
Sports 732 152 $1.5B $556M (▲65%) One Football, MinuteMedia
Business and Finance 2249 347 $997M $91.1M (▼56%) FreightWaves, Tech in Asia
Science and Technology 922 117 $496M $88.2M (▼46%) CNET, E27
How To Guides 18 8 $187M Motricity, iAmplify
Digital Newsstands 80 25 $333M $16.8M (▼33%) Readly, Magzter
Billing Management 2 1PaperKing, Remifix
View full Taxonomy on Tracxn Platform
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News Recent Key News
Appendix
Recent Key News (1/3)
Transactions Company Updates
● Agricultural e-commerce platform "100,000 farmers" completed angel ● TechStorm launches in Malaysia on Sirius TV DTH platform Telecompaper
round financing of millions of yuan PEdaily
● Sportsnet enters multi-year rights extension with Calgary Flames,
● BuzzFeed started contacting SPAC to discuss listing matters 36Kr Edmonton Oilers Telecompaper
● US local news information platform "News Break" completes $115 ● SharpLaunch and Connect Media Forge New Partnership PRWeb
million in Series C financing 36Kr
● Houston capacity tightens on freight surge – FreightWaves NOW pcdn.co
● FilterCopy’s parent, Pocket Aces bags INR 17 Cr in Debt funding from
Stride Ventures TechStory ● Cambrian Xingge (Nanjing) Technology Co., Ltd. was established, 100%
owned by Cambrian 36Kr
● Mambu becomes the first German unicorn of 2021, SaaS fintech drums
up £99M funding UKTN ● Haystack TV adds election & inauguration channels Advanced Television
● Bustle Digital hires bank to explore deal to go public Fashion Network ● Filter Coffee Co. adds Charmacy India to its kitty Adgully
● Bustle Digital hires bank to explore deal to go public Reuters ● AEON Supermarket "sinks" in Guangzhou-Shenzhen, foreign-invested
Supermarket is still looking for a way out PEdaily
● News Break, the most popular local news app, raises $115 in Series C
funding TechStartups.com ● F1: Mercedes Is Okay With Engine Freeze By 2021 Says Wolff Carandbike
● Stride Ventures leads Rs 17 crore debt round in Pocket Aces Deccan Herald ● Tianbing Technology "Tianhuo III" 30-ton liquid rocket engine completed
its first test run 36Kr
● Mozper brings home digital banking for parents & kids in Latin America,
Raises $3.55M in Seed Round Contxto
Legal Partnerships
● Roche Cyrulnik Freedman LLP was appointed Lead Counsel and is actively ● UC Today Partners with Commsverse for Microsoft Teams Virtual Events
pursuing claims on behalf of investors in a se.. PR Newswire UC Today
● Baidu responds to today’s headline litigation dispute: an appeal will be ● The Everygirl Media Group and Day Designer Partner to Create 2021
filed 36Kr Planner Collection Newswire
● DOJ in antitrust probe of Penske Media’s deal to buy The Hollywood ● Trovo and Allied Esports team up for mobile tournaments Esports Insider
Reporter New York Post
● Urology Times® Partners With Lugpa To Host Monthly Virtual Tumor
● Trump loses libel lawsuit against CNN Breaking The News Board Beginning January 2021 Business Wire
● Rosen, National Investor Counsel, Reminds Qutoutiao Inc. Investors Of ● CBS Sports, Nickelodeon Pair Up on NFL Playoff Game Nexttv
Important October 19 Deadline In Securities Cla.. PR Newswire
● WePlay Esports launches WUFL with boxing champ Oleksandr Usyk
● Pomerantz Law Firm Reminds Shareholders with Losses on their Esports Insider
Investment in Qutoutiao, Inc. of Class Action Lawsuit an.. PR Newswire ● Tata Sky launches Tata Sky Malayalam Cinema Adgully
● The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline ● Etihad Airways Partners With Pressreader Giving Guests Access To Free
in the Class Action Lawsuit Against Qutoutia.. Business Wire Digital Publications AlBawaba
● The Law Offices of Howard G. Smith Reminds Investors of Looming ● musicMagpie partners with TheBusinessDesk.com to launch new service
Deadline in the Class Action Lawsuit Against Qutou.. ICrowdNewswire TheBusinessDesk.com
● Rosen, Global Investor Counsel, Reminds Qutoutiao Inc. Investors of ● PeopleGrove Announces Partnership with Slate Business Wire
Important Deadline in Securities Class Action Business Wire
● Bronstein, Gewirtz & Grossman LLC Reminds Investors of Class Actions
and Upcoming Lead Plaintiff Deadlines GlobeNewswire
People Movement Other
● Several senior management staff leaving Joe.ie company The Irish Times ● Chinese P&C re/insurers turn underwriting loss in 2020 Reinsurance News
● Cipio hires new venture partner Unquote ● GhanaWeb adjudged best online portal for 2020 election coverage
Africa Business Communities
● Airtel names its new CIO People Matters
● FreightWaves wins Best Overall Culture – Southeast award from
● OneFootball names entertainment chief Digital TV Europe Powderkeg FreightWaves
● Bustle Digital hires bank to explore deal to go public Reuters ● Qutoutiao EPS beats by $0.02 Seeking Alpha
● Bustle Digital hires bank to explore deal to go public Reuters ● Topspin - Backed Remedy Acquires Patient Power® GlobeNewswire
● Bustle Digital hires bank to explore deal to go public Financial Post ● Goalcast Certified as a Great Place to Work CNW
● WP Holding appoints new CEO at Nocowanie AIM Group ● Investment in media and entertainment industry declines by 40% to
● Larry Pelzer And Mike Van Ermen Join Fsb’s Us Team SBCNews $260 million in CY2020 Financial Express
● UC Today Appoints Tom Wright as Senior Editor UC Today ● FCB Named Adweek's 2020 Global Agency of the Year New Clients,
Agility Through COVID-19 & Focus on Inclusion Earne.. Calgary Herald
● Playboy Releases Three and Nine Month Financial Results Through
September 30, 2020 Business Wire
● Eat Just gets regulatory nod to sell lab-grown chicken meat in Singapore
Tech in Asia
Contents
Overview
Funding
Investors
IPOs
Acquisitions
Companies
Unicorns
Business Models
News
Appendix
Vendor Discovery
# Vendor Name Country # Customers Customers
1 Promotehour India 7 BuzzFeed ($497M), ReadWrite ($1.8M), Digital Trends, Entrepreneur +3More
2 OpenWeb United States 6 Refinery29 ($137M), Salon, AOL, MSN +2More
3 Kreatio India 5 ChannelWeb, BusinessGreen, Computing, Professional Pensions +1More
4 PEEX United Kingdom 5 VentureBeat ($5.8M), Engadget, CNET, WIRED +1More
5 Ring Publishing Switzerland 5 Business Insider ($64.6M), Onet, Pulse, Pulse Nigeria +1More
6 TurboJet VPN United States 5 BuzzFeed ($497M), Yahoo ($6.8M), The Next Web, Entrepreneur +1More
7 GreenLife Insurance India 4 DailyHunt ($333M), YourStory Media ($14.0M), VCCircle ($541K), Moneycontrol
8 V2 United States 4 Heavy ($30.0M), CollegeHumor ($20.0M), AOL, Chief Executive
9 Asterminds United States 4 Yahoo ($6.8M), Entrepreneur, CNET, GeekWire
10 SWAZM Romania 4 Business Insider ($64.6M), Yahoo ($6.8M), Wall Street.com, EU-Startups
Note: Numbers in bracket indicate the total funding of the company.
Explore more on Tracxn
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All Tech Companies Recent funding rounds Delhivery - Company Report
US Tech Companies Investment Trends Novel Foods - Business Model Report
Online Travel Companies Most Active Investors HRTech - Feed Report
Companies using AI in Healthcare Top Funded Business Models FinTech - Top Business Models Report
Companies founded by Stanford GSB Alumni India Tech - Top Business Models Report
Soonicorn club in Fintech US Tech - Monthly Report
Analyst Picks in Israel Tech
Company Due Diligence Exits Miscellaneous

Company Detail Page of DoorDash Public Companies Key News in FinTech
Competitors of Freshworks Acquired Companies Events in Bay Area
Cap Table for TransferWise Most Active Acquirers Angel Investors in United States
Financials for Ola Bluebox
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Transferwise Novel Foods HRTech FinTech US Tech
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BigBasket P2P Remittance Food Tech Artificial Intelligence China Tech
Unicorn Reports Feed Geo Reports Top Business Models in Geo

Monthly Unicorn Report FinTech Europe India Tech
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TRACXN FEED REPORT

JANUARY 13, 2021

One Football FreightWaves

Scope of Feed Top Geographies by Companies

United Kingdom 691

Unfunded Companies Funded Companies

Series B+ 10% Japan (1%)

Top Funding Rounds in last 2y Top Investors Top Exits

Early Zhen Fund 8 AOL

*Upcoming Business Model

Hupu $182M - Series F

Barstool Sports $163M - Series B

LIVEKINDLY $135M - Series D

News Break $115M - Series C

DailyHunt $100M - Series G

Smart News $92.0M - Series E

Jiemian News $71.5M - Series C

DailyHunt $63.4M - Series G

The Athletic $50.0M - Series D

# Rounds Top Funded Company Beijing $4.1B

China 287 Toutiao (3.1B) Shanghai $916M

India 220 DailyHunt (333M) San Francisco $520M

Los Angeles $439M

Santa Monica $380M

France 32 Brut (51.1M)

$2.6B $2.7B $1.3B $673M $1.1B $115M 206 166 152 91 50 1

Late Stage $40M

2016 2017 2018 2019 2020 2021 YTD

Funded 1,783 100% 19% -

Series A+ 362 20% 20% 2

Series B+ 193 11% 53% 2.7

Series C+ 112 6% 58% 4.2

Series D+ 72 4% 64% 3.8

Columbia University BuzzFeed Joyus Refinery29

University of AllBusiness.com AllBusiness.com SportTechie

University of Thrillist 90Min MinuteMedia

Stanford University BabyCenter Flipboard Livingly Media

Harvard University NowThis Mic UGO Entertainm..

Wharton School 90Min Pocket Aces MinuteMedia

Harvard Business HitFix UGO Entertainm.. Allvoices

IIT Delhi InShorts Momspresso Chakpak Media

Microsoft Laugh Radio Wavii Flipboard

Apple NOWBOX Flipboard PTA

McKinsey The Athletic A Plus News Deeply

eBay Joyus First Look Media Yummly

Goldman Sachs CRMDaily Mic Pocket Aces

Google Jiuhuar Nextly Digg

Boston Consulting POPxo India Parenting Nextly

Morgan Stanley Notey Arsenic Gojee

Hupu (2004, China, $339M) $182M Series F Jun 2019 Bytedance

Seed Stage Snap 3 ( -- )

Early Stage Shunwei Capital 2 (▲100%)

3one4 Capital 2 (▼33%)

Goldman Sachs 3 (▲50%)

Late Stage Sofina 3 ( -- )

First-time Investors Existing Investors

2 ESPACIO Colombia 24 20 Argentina Reports, Techli, Tech in DC

5 MassChallenge United States 2304 6 FreshFeed ($1.0M), Abridge News, Footnote

8 DG Incubation Japan 138 4 Digg ($49.0M), Nuzzel ($5.1M), Noin ($2.8M)

10 TLabs India 57 4 InShorts ($64.4M), Murmur ($1.1M), Skift ($1.1M)

9 GDP Venture Indonesia 64 11 IDN Times, Kumparan, Kincir

3 Focus Ventures United States 103 2 Buzznet ($43.5M), Commuter 21

4 Bridgescale Partners United States 50 2 The Street ($15.0M), CNET