Industry Dive is a United States-basedbusiness-to-business news organization with an estimated 18 million readers in more than 25 industries, such as banking andwaste management.[1] Since 2022, it has been owned byInforma plc.
Industry Dive aims to serve business executives who read news on their mobile phones.[2] The company had an estimated revenue of more than of more than $110 million in 2023.[3] As of 2020, it has more than 300 employees, including 80 journalists and 12 engineers. Its headquarters is inWashington, D.C.[4]
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.[5][6]
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 includedIBM,Siemens, andUPS.[7]
In 2020, DCA Live named Industry Dive to its "Red Hot Companies" list, which recognizes the D.C. area's 'fastest-growing' companies.[8] In the same year, Industry Dive acquiredCFO.[9][10] In 2021, Industry Dive acquired PharmaVOICE.[11]
In 2022, it was purchased byInforma plc, which bought its majority stake from Falfurrias Capital Partners for about $530 million.[12][13]
Industry Dive provides news coverage of a variety of industries including agriculture, banking, construction, education, fashion, healthcare, and manufacturing, each using a different website:[1]
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 aboutBig Pharma and the race for thecoronavirus vaccine.[14]
The Washington Post recognized Industry Dive as a top place to work for four consecutive years, from 2016 to 2020.[15]