Group Nine Media is a digital video publisher formed in December 2016 and led by CEO Ben Lerer. The company operates mobile-focused brands—NowThis (news), The Dodo (animals), Seeker (science) and Thrillist (food, drink and travel)—and reports audiences spend nearly 50 million hours a month with its brands. Its business includes brand extensions in commerce, licensing and merchandise, plus experiential events such as Hotel Thrillist and The Dodo’s Best Dog Day Ever. Group Nine has production deals with more than 20 channels and platforms, including Discovery, Netflix and Comedy Central. The company recently launched a commerce division and intends to use new funding to invest in IP across brands, accelerate the commerce business and pursue potential strategic acquisitions. Prior financing activity includes an initial $100m investment by Discovery at formation and a $40M follow-on round in November 2017 from Discovery, Axel Springer SE and Lerer Hippeau.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2019