Industry Dive
| Industry | online B2B news source |
|---|---|
| Founded | 2012 |
| Founders |
|
| Headquarters | Washington, D.C. , United States |
| Owner |
|
| Website | www |
Industry Dive is a United States-based business-to-business news organization with an estimated 13 million readers in more than 25 industries, including banking and waste management.[citation needed] Since 2022, it has been owned by Informa plc.
Industry Dive aims to serve business executives who read news on their mobile phones.[1] The company has reported revenues of $30 million to $60 million, mostly from selling ads.[when?] As of 2020, it has more than 300 employees, including 80 journalists and 12 engineers. Its headquarters is in Washington, D.C.[2]
History
[edit]Industry Dive was formed in 2012 by Sean Griffey (president), Eli Dickinson (chief technology officer), and Ryan Willumson (chief revenue officer). It was funded with $900,000 from private investors in 2012 and 2013. The company covered five industries: construction, education, marketing, utility, and waste.[3][4]
In 2016, it began its Dive Awards. Industry Dive's revenues quadrupled from 2015 to 2018,[quantify] putting it in the top half of the Deloitte Technology Fast 500 and the top 20 percent of the Inc. Top 5000 list. In 2019, Falfurrias Capital Partners acquired a majority stake in the company. ID's content marketing clients included IBM, Siemens, and UPS.[5]
In 2020, DCA Live named Industry Dive to its "Red Hot Companies" list, which recognizes the D.C. area's 'fastest-growing' companies.[6] In the same year, Industry Dive acquired CFO.[7][8] In 2021, Industry Dive acquired PharmaVOICE.[9]
In 2022, it was purchased by Informa plc, which bought its majority stake from Falfurrias Capital Partners for about $530 million.[10][11]
Publications
[edit]Industry Dive provides news coverage of a variety of industries including agriculture, banking, construction, education, fashion, healthcare, and manufacturing, each using a different website:[12]
- Agriculture Dive
- Automotive Dive
- Banking Dive
- BioPharma Dive
- CFO
- CFO Dive
- CIO Dive
- Construction Dive
- C-Store Dive
- Cybersecurity Dive
- Education Dive
- Facilities Dive
- Fashion Dive
- Food Dive
- Grocery Dive
- Healthcare Dive
- Higher Ed Dive
- Hotel Dive
- HR Dive
- K-12 Dive
- Legal Dive
- Manufacturing Dive
- Marketing Dive
- MedTech Dive
- Mobile Marketer
- Multifamily Dive
- Packaging Dive
- Payments Dive
- PharmaVoice
- Restaurant Dive
- Retail Dive
- Smart Cities Dive
- Social Media Today
- Supply Chain Dive
- Trucking Dive
- Utility Dive
- Waste Dive
Awards
[edit]Industry Dive publications have received several national and regional Awards of Excellence from the American Society of Business Publication Editors, including for a series of 2020 articles about Big Pharma and the race for the coronavirus vaccine.[13]
The Washington Post recognized Industry Dive as a top place to work for four consecutive years, from 2016 to 2020.[14]
See also
[edit]References
[edit]- ^ Dool, Greg (21 July 2020). ""The Inbox Is the New Doorstep," As Newsletters Evolve, Publishers Adapt Their Tactics". Folio. Retrieved 6 July 2021.
- ^ Willens, Max (10 November 2020). "'Help us solve goals that we can't solve in person': How Industry Dive soared revenue as B2B budgets migrated to digital". Digiday. Retrieved 4 July 2021.
- ^ Health, Thomas (14 April 2017). "A boring business that Warren Buffett would love". Washington Post. Retrieved 4 July 2021.
- ^ "Industry Dive". Securities and Exchange Commission. Retrieved 4 July 2021.
- ^ Dool, Greg (5 September 2019). "PE Firm Acquires Majority Stake in Industry Dive". Folio. Retrieved 6 July 2021.
- ^ "DCA Live 2020 Red Hot Companies". DCA Live. Retrieved 6 July 2021.
- ^ "Industry Dive acquires CFO.com". www.industrydive.com. Retrieved 30 March 2023.
- ^ O'Reilly, Lara. "Industry Dive built a profitable media company on B2B news — now it's acquiring CFO.com and expanding its finance coverage to capitalize on a jittery market". Business Insider. Retrieved 6 July 2021.Fischer, Sara (28 July 2020). "Industry Dive's first big acquisition". Axios. Retrieved 6 July 2021.
- ^ "Industry Dive acquires PharmaVOICE to broaden audience reach, continue expansion goals".
- ^ "Informa plc completed the acquisition of Industry Dive, Inc. from Falfurrias Capital Partners, LP". Market Screener. Retrieved 2022-12-23.
- ^ "Industry Dive to be acquired by Informa PLC". Market Dive. Retrieved 2022-12-23.
- ^ "Publications". Industry Dive. Retrieved 12 August 2023.
- ^ "2021 Azbee Awards of Excellence". American Society of Business Publication Editors. Retrieved 6 July 2021.
- ^ "Top Workplaces 2020". The Washington Post. Retrieved 6 July 2021.