Private Equity Round in 2022
Recurrent is an innovative digital media company that empowers brands to grow, and connect with consumers in a way that is enjoyable, sustainable, inspiring, and profitable—while maintaining editorial integrity. Its best-in-class brands like Popular Science, The Drive, Domino, MEL, Outdoor Life, Field & Stream, Car Bibles, SAVEUR, Futurism, and Task & Purpose engage a combined audience of more than 50 million monthly unique visitors. Initially founded in late 2018 with the acquisition of The Drive, the portfolio rapidly expanded under the ownership and backing of North Equity LLC to include 20 digital media brands across automotive, home, lifestyle, military, outdoors, and science and tech verticals.
Natural Fiber Welding develops a circularity platform producing sustainable materials from plants. Its multi-material platform serves a wide range of industries from fashion and footwear to automotive and upholstery. Its technology embeds seamlessly into existing supply chains, enabling iconic brands to design and scale products with high-performance, plastic-free materials.
WaitWhat is a media invention company that invents boundary-breaking and profitable media properties that change the cultural landscape. It creates and owns premium, original, genre-defining content. The company also creates media properties that can scale horizontally beyond its first format. By contrast, WaitWhat creates new categories with their content, at production values that have become the reference point for quality. The company develops, produces, and distributes wholly-owned media properties with the specific purpose of creating new genres, categories, and formats of content that scale.
New Stand is a rapidly expanding convenience and engagement platform that blends physical touchpoints with digital perks and location-based media to be consistently helpful and engaging in people’s lives.
Avise provides ERPs and supplemental accounting tools that enable accounting workflows to reach the general ledger and enable automation and collaboration to drive growth.
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