Thrillist Media Group Secures $54,000,000 New Funding

  • Feed Type
  • Date
    9/30/2015
  • Company Name
    Thrillist Media Group
  • Mailing Address
    560 Broadway New York, NY 10012 USA
  • Company Description
    Thrillist Media Group is the convergence of leading men’s digital lifestyle publication Thrillist.com; members-only shopping club JackThreads.com; and local experiences platform Thrillist Rewards. The three brands collectively reach over 4 million daily subscriptions, targeting a young, urban, male demographic locally and nationally, online and offline.
  • Website
    http://www.thrillist.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $54,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Axel Springer’s investment in the media side won’t just go to new editorial hires, but will also be used for growing Thrillist’s proprietary data platform, Pinnacle, and its new internal branding arm, The CoLab, which creates branded content for clients.
  • M&A Terms
  • Venture Investor
    Axel Springer
  • Venture Investor
    Oak Investment Partners
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    Undisclosed

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