Minute Media Revenue, Valuation, Funding & Investors

Minute Media is valued at $1B as of January 2024, a 3.3x multiple on its last reported $300M revenue.

Last Minute Media valuation

$1B

Undisclosed stage · Jan 2024

Last Minute Media funding round

$100M

Undisclosed stage · Jan 2024

Minute Media revenue

$300M

Undisclosed stage · Jan 2024

Key investors in Minute Media

  • Battery Ventures
  • Dawn Capital
  • Gemini Israel Ventures
  • Qumra Capital
  • Goldman Sachs
  • La Maison ITF

Minute Media Overview

About Minute Media

Minute Media is a sports and culture content platform owning brands like The Players' Tribune, FanSided, 90min, and STN Video. Tel Aviv-headquartered with offices in New York, London, São Paulo, and Tokyo, it powers creation and distribution for 1,500 creators across 14 markets in 10 languages.


Founded

2011

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2C

Revenue model

Advertising, Subscription

Revenue

$300M (Jan 2024)

Valuation

$1B (Jan 2024)

Minute Media Valuation

Minute Media is currently valued at $1B, based on its undisclosed-stage round in January 2024.

The $100M round included Authentic Brands Group, HSBC and BlackRock.

Minute Media's valuation has grown 5.0x from $200M at its Series F in May 2018 to $1B in January 2024, across 4 priced rounds.

Minute Media valuation by funding round

Revenue multiple
Minute Media valuation by funding round
DateStageValuationRevenue Multiple
Jan 2024Undisclosed stage$1B3.3x
Feb 2020Series I$500M-
Jun 2019Series H$500M-
May 2018Series F$200M-

Minute Media Revenue

Minute Media's latest recorded revenue is $300M, as of its undisclosed-stage round in January 2024. At a $1B valuation, that implies a 3.3x revenue multiple.

Minute Media revenue by funding round

Minute Media revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2024$300M$1B3.3xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Minute Media Funding History

Minute Media has raised a total of $260M across 10 funding rounds.

Minute Media's first fundraising round was a $6M Series A in May 2013. The most recent completed round was a $100M undisclosed-stage round in January 2024.

Minute Media funding rounds

Minute Media funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2024Undisclosed stageAuthentic Brands Group; HSBC; BlackRock$100M$1BMinute Media is a digital sports and entertainment media company that owns and operates multiple content platforms including The Players' Tribune, FanSided, 90min, Mental Floss, and The Big Lead. The company provides technology platforms for digital content distribution and reaches approximately 200 million monthly users across 14 global markets, powering over 1,500 content creators and 250 distribution partners. In January 2024, Minute Media closed a Series H funding round of $100 million led by HSBC Innovation Bank and BlackRock at a post-money valuation exceeding $1 billion. The round supported the company's strategic acquisitions and content expansion initiatives, including the acquisition of STN Video for approximately $150 million, which provides premium sports highlights from major North American leagues. Minute Media reported achieving profitability for the first time in late 2023, with revenue of approximately $300 million, primarily derived from advertising (about 70 percent from video ads) and licensing technology to other publishers. The company has raised approximately $300 million in total funding across multiple rounds and employs 480 people globally with offices in New York, London, Tel-Aviv, São Paulo, and Tokyo.
Feb 2020Series IDawn Capital (lead); Hamilton Lane; Remagine Ventures; North Base Media; Vintage Investment Partners; Battery Ventures; Maor Investments; Goldman Sachs; Qumra Capital; Gemini Israel Ventures; La Maison ITF; ProSieben$40M$500MMinute Media is a global technology and digital publishing platform focused on sports and entertainment, operating websites like The Players’ Tribune, FanSided, The Big Lead, and Mental Floss. It owns seven digital media publications, runs international newsrooms, video studios, and a research and development center, while licensing its proprietary publishing platform to third parties for content creation, distribution, and monetization. The platform balances ad revenue and licensing, with the B2B side growing faster. On February 26, 2020, Minute Media raised $40 million in a venture capital round led by Dawn Capital, with participation from existing investors including Battery Ventures, Gemini Israel Ventures, Goldman Sachs, Hamilton Lane, La Maison ITF, Maor Investments, North Base Media, ProSieben, Qumra Capital, Remagine Ventures, and Vintage Investment Partners. This brought total funding to $160 million. The post-money valuation exceeded $500 million, with sources citing exactly $500 million. Funds were allocated to enhance the technology platform, support global expansion, invest in recent acquisitions like The Players’ Tribune (November 2019), FanSided, and The Big Lead, and pursue further acquisitions. The company reported explosive revenue growth in 2019, with TechCrunch estimating around 100% year-over-year growth and projecting $200 million in revenues for 2020. Dawn Capital highlighted this growth as a key reason for continued investment to accelerate R&D and commercial efforts. Minute Media operates in 40 countries and positions itself as a leader in next-generation online publishing by empowering creators through user-generated content syndication and software-as-a-service offerings. Investors noted its strong revenue trajectory justified the high valuation, with plans for enhanced platform releases later in 2020 to drive further efficiency and innovation.
Jun 2019Series GHamilton Lane (lead); Maor Investments (lead); Vintage Investment Partners; Battery Ventures; Goldman Sachs; Qumra Capital; Gemini Israel Ventures; Dawn Capital; La Maison ITF; ProSieben$39M--
Jun 2019Series H-$5M$500MMinute Media, a global technology and digital publishing platform specializing in sports and entertainment content, raised $40 million in a venture capital round led by Dawn Capital with participation from existing investors including Battery Ventures, Goldman Sachs, and others. This funding brought the company's total capital raised to $160 million and supported global expansion, technology enhancements, investments in acquired properties like The Players’ Tribune, FanSided, and The Big Lead, and further acquisitions. Sources indicated a post-money valuation exceeding $500 million for this round. The company operates brands such as 90min, DBLTAP, 12up, Mental Floss, and The Big Lead, reaching over 140 million monthly users across 12 languages and 40 countries. Investors highlighted explosive revenue growth in 2019 and 100% year-on-year commercial momentum, positioning Minute Media to deepen its publishing tech offerings and pursue M&A in new verticals and markets.
May 2018Series FGoldman Sachs (lead); North Base Media; Battery Ventures; Qumra Capital; Dawn Capital; La Maison ITF$17M$200MMinute Media is a sports and tech publishing platform that empowers fans to create, publish, and distribute content globally, partnering with brands like Sports Illustrated, USA Today Sports Media Group, MSN, ProSieben, and Horizon Media. The company operates offices in Tel Aviv, New York, Los Angeles, London, Singapore, Tokyo, Manila, and Sao Paolo, employing 180 people as of May 2018. Its properties reach 80-90 million monthly users and offer content in 12 languages. In May 2018, Minute Media raised $17 million in a Series F funding round led by Goldman Sachs, with participation from new investors La Maison, Vintage Investment Partners, Remagine Ventures, and Kreos Capital, alongside existing backers Battery Ventures, Dawn Capital, Qumra Capital, Gemini Israel Ventures, North Base Media, and ProSieben. This brought total funding to $77 million. Funds support expansion into new markets like China and diversification beyond sports. The company reported 130% revenue growth from 2016 to 2017, driven by technology investments and mobile web products, with the trend expected to continue into 2018.
Feb 2017Series EQumra Capital (lead); Battery Ventures; Dawn Capital; ProSieben$15M-Minute Media closed a $15 million Series B funding round led by Qumra Capital in February 2017, with participation from existing investors Battery Ventures, Dawn Capital, and ProSieben. This brought the company's total funding to $60 million. Minute Media is a digital sports publishing platform founded in 2011 that operates fan-driven sports media brands including 90min, the global football publisher, and 12up, the US sports brand. At the time of this round, Minute Media had grown from 30 million to 70 million monthly users over the preceding 12 months and held prominent positions in comScore rankings across the US, UK, and 10 other global markets. The company had recently launched its US platform 12up and opened offices in São Paulo, Singapore, and Tokyo, with plans to expand ahead of the 2018 World Cup and launch an esports brand in April 2017. The company did not publicly disclose its post-money valuation or revenue figures for this funding round.
May 2016Series DBattery Ventures (lead); Gemini Israel Ventures; Dawn Capital$5M-Minute Media raised $5 million in its Series D funding round on May 16, 2016. Battery Ventures participated as a lead investor alongside Dawn Capital and Gemini Israel Ventures. This round followed prior funding including Series C of $15 million in October 2015, Series B of $18 million in March 2014, and Series A of $5.8 million in May 2013.
Oct 2015Series CProSiebenSat.1 Media (lead); Battery Ventures; Gemini Israel Ventures; Dawn Capital$15M-Minute Media raised $15 million in a funding round led by Qumra Capital, with participation from existing investors Battery Ventures, Dawn Capital, and ProSieben, bringing total funding to $60 million as of early 2017. The proceeds supported global expansion into markets including London, New York, Tel Aviv, Tokyo, Singapore, Manila, and São Paulo, introduction of new sports brands, and team growth. The company enables fan journalists to create multimedia content like articles, quizzes, slideshows, videos, and listicles, reaching over 70 million unique monthly users in 11 languages across Europe, the US, Latin America, and Southeast Asia.
Mar 2014Series BBattery Ventures (lead); Gemini Israel Ventures; Dawn Capital$18M-Minute Media raised $18 million in its Series B funding round on March 25, 2014. Battery Ventures participated as a lead investor alongside Dawn Capital and Gemini Israel Ventures. The company, founded in 2011, operates digital content platforms focused on sports and lifestyle topics.
May 2013Series ABattery Ventures (lead); Gemini Israel Ventures (lead)$6M--

Who has invested in Minute Media?

16 investors have backed Minute Media across its funding rounds, including Battery Ventures, Dawn Capital, Gemini Israel Ventures, Qumra Capital, Goldman Sachs and La Maison ITF.

Lead investors include Dawn Capital, Hamilton Lane, Maor Investments, Goldman Sachs, Qumra Capital and 3 other investors.


Minute Media Investors

Investors in Minute Media by funding rounds participated
InvestorHQRoundsRoleFirst check
Battery VenturesUnited StatesBoston, MA8LeadMay 2013
Dawn CapitalUnited KingdomLondon7LeadMar 2014
Gemini Israel VenturesIsraelHerzliya6LeadMay 2013
Qumra CapitalIsraelTel Aviv4LeadFeb 2017
Goldman SachsUnited StatesNew York City, NY3LeadMay 2018
La Maison ITFFranceParis3ParticipantMay 2018
ProSiebenGermanyMunich3ParticipantFeb 2017
Hamilton LaneUnited StatesPhiladelphia, PA2LeadJun 2019
North Base MediaSingaporeSingapore2ParticipantMay 2018
Vintage Investment PartnersIsraelHerzliya2ParticipantJun 2019
Maor InvestmentsIsraelTel Aviv2LeadJun 2019
Authentic Brands GroupUnited StatesNew York City, NY1ParticipantJan 2024
Remagine VenturesIsraelTel Aviv1ParticipantFeb 2020

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Minute Media

Minute Media has acquired 7 companies to date.

Last acquisition by Minute Media was on September 9th 2025. Minute Media acquired VideoVerse for $283M.


Latest Acquisitions by Minute Media

VideoVerse
STN Video
Wazimo
FanSided
Description
VideoVerse is a Mumbai-headquartered AI video platform offering tools for real-time content creation and editing used by broadcasters and sports leagues. Its Magnifi suite processes live streams to produce highlight clips for clients including the NBA, NFL, and Eurosport, while Illusto enables browser-based editing with auto-captions and effects for social media creators. Founded in 2020, the company partners with AWS for cloud processing and serves 200 enterprise customers across 50 countries.
STN Video is a video monetization platform enabling publishers to integrate premium content and ad revenue streams. The service equips partners with customizable players supporting HTML5 delivery, server-side ad insertion, and content recommendation engines. STN Video handles distribution across web, mobile, and OTT devices, optimizing fill rates through direct deals with advertisers in entertainment and news verticals.
Wazimo is a Tel Aviv-headquartered digital publishing platform leveraging machine learning for content personalization. It matches articles to readers using natural language processing to boost engagement on news sites. The technology powers platforms for media outlets in Europe and the Middle East, analyzing user behavior to recommend tailored content feeds.
FanSided is an Austin, Texas-headquartered network of over 300 fan-driven websites covering sports and entertainment fandoms. Founded in 2007 and acquired by Minute Media, it produces content for NBA, NFL, and pop culture audiences, reaching 100 million monthly visitors alongside platforms like 90min.
HQ CountryUnited StatesCanadaIsraelUnited States
HQ City
Los Angeles, CA
Victoria
Tel Aviv
Chicago, IL
Deal Date9 Sep 202524 Jan 202410 Nov 202124 Jan 2020
Valuation$283M$150M$70M$16M
EV/Revenue
EV/EBITDA

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Minute Media Competitors

Minute Media competitors include listed companies like Saregama India and MNC Digital Entertainment, and private ones like Atmosphere, Vidaa, APX Group and AGBO.

Public and private companies comparable to Minute Media
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AtmosphereUnited StatesAustin, TXPrivate$25M-$1B40.0x
VidaaUnited StatesAtlanta, GAPrivate--$583M-
APX GroupUnited StatesNew York City, NYPrivate--$1B-
AGBOUnited StatesLos Angeles, CAPrivate--$1.1B-
Saregama IndiaIndiaIndiaPublicly listed$100M$36M$979M8.6x
MNC Digital EntertainmentIndonesiaIndonesiaPublicly listed$216M$73M$1B-

Minute Media Public Comps

Minute Media is still privately-owned, but its public comps include Sinclair, Saregama India, Shochiku, China Television Media, MNC Digital Entertainment, ProSiebenSat.1 Media, JYP Entertainment, iQIYI, Storytel and FuboTV.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Sinclair$3.2B$491M1.4x1.3x9.2x6.7x
Saregama India$100M$36M9.7x8.6x26.8x24.6x
Shochiku$632M$80M2.0x2.1x16.2x19.4x
China Television Media$155M$9M5.8x-97.8x-
MNC Digital Entertainment$216M$73M4.7x-14.0x-
ProSiebenSat.1 Media$4.2B($22M)0.6x0.6x(118.4x)5.8x
JYP Entertainment$598M$175M1.1x1.1x3.8x5.4x
iQIYI$4.1B$2B0.6x0.7x1.3x104.4x

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Common questions about Minute Media

When was Minute Media founded?Minute Media was founded in 2011.
Where is Minute Media headquartered?Minute Media is headquartered in London, United Kingdom.
Is Minute Media publicly listed?No, Minute Media is a private, VC-backed company.
What is Minute Media's valuation?Minute Media was last valued at $1B in its undisclosed-stage round in January 2024.
How much funding has Minute Media raised?Minute Media has raised $260M across 10 funding rounds.
What was Minute Media's last funding round?Minute Media's last funding round was a $100M undisclosed-stage round in January 2024.
Who are Minute Media's investors?Minute Media's investors include Battery Ventures, Dawn Capital, Gemini Israel Ventures, Qumra Capital, Goldman Sachs, La Maison ITF, ProSieben, Hamilton Lane, North Base Media, Vintage Investment Partners and 6 others.
What is Minute Media's revenue?Minute Media's latest recorded revenue is $300M (January 2024).
What is Minute Media's revenue multiple?Minute Media's latest valuation implies a 3.3x revenue multiple ($1B valuation on $300M of revenue).
Which companies are comparable to Minute Media?Companies comparable to Minute Media include Atmosphere, Vidaa, APX Group, AGBO, Saregama India and MNC Digital Entertainment.
How many companies has Minute Media acquired?Minute Media has acquired 7 companies, including VideoVerse, STN Video, Wazimo, FanSided and The Players' Tribune.
What was the largest acquisition by Minute Media?The $283M acquisition of VideoVerse in September 2025 is the largest acquisition Minute Media has made to date.

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