Miami Florida based Recurrent Ventures is raising $50,000,000.00 in New Equity Investment.
Miami, FL – According to filings with the U.S. Securities and Exchange Commission, Recurrent Ventures is raising $50,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Lance Johnson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Recurrent Ventures
Recurrent is an innovative digital media company that empowers brands to grow, and connects consumers with media in a way that is enjoyable, sustainable, inspiring, and profitable–while maintaining editorial integrity. Its best-in-class brands like Popular Science, Domino, Futurism, Outdoor Life, The Drive, Field & Stream, SAVEUR, MEL, and Task & Purpose, engage a combined audience of more than 49 million monthly unique visitors. Initially founded in 2018 with the acquisition of The Drive, the portfolio rapidly expanded under the ownership and backing of North Equity LLC to include more than 17 digital media brands across automotive, home, outdoors, specialty, and military verticals. Recurrent is headquartered in Miami, with offices in New York and San Francisco, and a virtual-first workforce across the United States.
To learn more about Recurrent Ventures, visit http://recurrent.io/
Contact:
Lance Johnson, Chief Executive Officer
305-918-1013
https://www.linkedin.com/in/lancegjohnson/
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