| Industry | onlineB2B news source |
|---|---|
| Founded | 2012; 13 years ago (2012) |
| Founders |
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| Headquarters | Washington, D.C. ,United States |
| Owner |
|
| Website | www |
Industry Dive is an onlinebusiness-to-business news organization, with an estimated 13 million readers across more than 25 industries, including banking andwaste management. Since 2022, it has been owned byInforma plc, which bought its majority stake from Falfurrias Capital Partners for about $530 million.
Industry Dive writes for executives using their mobile phones.[1] The company has reported revenues of $30 million to $60 million, mostly from selling ads.[when?] As of 2020, it has more than 300 employees, including 80 journalists and 12 engineers. Its headquarters is inWashington, D.C.[2]
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.[3][4]
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 theInc top 5000 list. In 2019, Falfurrias Capital Partners acquired a majority stake in the company. ID's content marketing clients includedIBM,Siemens, andUPS.[5]
In 2020, DCA Live named Industry Dive to its "Red Hot Companies" list, which recognizes the D.C. area's 'fastest-growing' companies.[6] In the same year, Industry Dive acquiredCFO.[7][8] In 2021, Industry Dive acquired PharmaVOICE.[9]
In 2022, it was purchased byInforma plc, which bought its majority stake from Falfurrias Capital Partners for about $530 million.[10][11]
Industry Dive provides news coverage of a variety of industries including agriculture, banking, construction, education, fashion, healthcare, and manufacturing, each using a different website:[12][independent source needed]
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.[13]
The Washington Post recognized Industry Dive as a top place to work for four consecutive years, from 2016 to 2020.[14]