Overview
Private-equity holding company acquiring direct-to-consumer brands.
Founded
2018
Deals · 12mo
0
Links
Stage focus
Geographic focus
Sector focus
Investment portfolio
- Dear Media
Led · Series A · May 2020
Dear Media is a podcast network founded in 2018 as a joint venture between Michael Bosstick (CEO) and Raina Penchansky. The network hosts 40+ shows, including The Skinny Confidential and recently debuted The Dissenters, and has amassed over 150 million episode downloads. Its core product is podcast production and talent management focused on female creators, with an emphasis on creator-controlled distribution. Dear Media plans to use new capital to grow its talent slate, create original IP, build brands across social and digital platforms, and diversify content into narrative and scripted formats. The company operated lean in its early years (about 1.5–2 years) and has expanded its roster with shows launched during COVID-19 as well as legacy titles. Operating metrics cited in the article include the show count, total downloads, and 260 episodes of The Skinny Confidential.