Industry Dive is an online

business to business Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separat ...

news source, with an estimated 13 million readers across more than 25 industries, from banking to

waste management Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment and disposal of waste, together with monitoring ...

. In July 2022, Falfurrias Capital Partners sold Industry Dive to

Informa Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has offices in 43 countries and around 11,000 ...

plc for approximately $530 million.

Overview

According to ''

Folio The term "folio" (), has three interconnected but distinct meanings in the world of books and printing: first, it is a term for a common method of arranging sheets of paper into book form, folding the sheet only once, and a term for a book ma ...

'' magazine, Industry Dive's business model targets busy executives using their mobile phones. ID has reported revenues of $30 million to $60 million. Most of its revenues come from its core advertising business. Industry Dive has more than 300 employees, including 80 journalists and 12 engineers, and its headquarters is in Washington, DC.

History

Industry Dive was formed in 2012 by Sean Griffey (president), Eli Dickinson (chief technology officer) and Ryan Willumson (chief revenue officer) and funded with $900,000 from private investors in 2012 and 2013. The company started by covering five industries: construction, education, marketing, utility and waste. In 2016, it began its Dive Awards to recognize the most innovative and disruptive businesses. Industry Dive's revenues quadrupled from 2015 to 2018, 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 Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', '' ...

and

UPS UPS or ups may refer to: Companies and organizations * United Parcel Service, an American shipping company ** The UPS Store, UPS subsidiary ** UPS Airlines, UPS subsidiary * Underground Press Syndicate, later ''Alternative Press Syndicate'' or ...

. In 2020, DCA Live named Industry Dive to its "Red Hot Companies" list, which recognizes the

Washington DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

area's fastest-growing companies. In the same year, Industry Dive acquired CFO.com.

Journalism awards

The American Society of Business Publication Editors has awarded several national and regional Awards of Excellence to Industry Dive publications, including for a series of articles in 2020 about Big Pharma and the race for the

coronavirus vaccine A COVID19 vaccine is a vaccine intended to provide acquired immunity against severe acute respiratory syndrome coronavirus 2 (SARS‑CoV‑2), the virus that causes coronavirus disease 2019 ( COVID19). Prior to the COVID19 pandemic, an e ...

Workplace Awards

The Washington Post ''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large nati ...

'' has recognized Industry Dive as a top place to work for four consecutive years, from 2016 to 2020.

References

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External links