BuzzFeed, Inc. is an American digital media company founded by Jonah Peretti in 2006 and traded on Nasdaq as BZFD since its December 2021 SPAC merger with 890 5th Avenue Partners. Its brands are BuzzFeed, HuffPost and Tasty; Complex Networks was sold to NTWRK in February 2024 and First We Feast, home of Hot Ones, to a Soros Fund Management-led consortium in December 2024. Byron Allen's family office acquired roughly 51% of the company for $120 million in May 2026, Allen became chairman and chief executive, and a 35% workforce reduction followed in July 2026.
BuzzFeed is publicly traded
IPO'd on Nov 2006
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2006
Employees
201–500
Total Funding
$512.5M
8 rounds
Last Private Valuation
$1.5B
Dec 6, 2021
Cut ~180 jobs (35% of ~510 staff) across BuzzFeed/HuffPost/Tasty per SEC filing under new Allen ownership.
Cost-cutting under new control; near-term cash burn reduction, ~$29-32M annualized savings.
Byron Allen appointed Chairman & CEO at closing as founder Jonah Peretti resigned to lead BuzzFeed AI.
Founder-led leadership ends; new owner-operator directs strategy going forward.
Sold 52% majority stake to Byron Allen's family office for $120M ($3.00/share, 40M shares).
Change of control; new controlling holder now sets strategy and capital allocation.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $512.5M across 8 rounds
Last updated 09-21-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Dec 6, 2021 | SPAC merger (IPO) | $16.2M | $1.5B | 890 5th Avenue Partners |
| Nov 2016 | Series G | $200M | $1.7B | NBCUniversal |
| Aug 2015 | Series F | $200M | $1.5B | NBCUniversal |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series F
$1.5B
Aug 2015
BuzzFeed today
$1.5B
Dec 2021 · latest mark
BuzzFeed multiple
1.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Byron Allen
Chairman & Chief Executive Officer
Jonah Peretti
Founder & President of BuzzFeed AI
Matthew Omer
Chief Financial Officer
David Arroyo
Chief Legal & Compliance Officer & Corporate Secretary
Chandler Bondan
Chief People Officer
Jess Probus
Publisher & Head of Content and Tech
Rich Reid
President of Studio
Juliana Clifton
VP of Communications
Chris Malone
Board Member
Eric Gould
Board Member
Sydnie Karras
Board Member
Terence Hill
Board Member
Stanley E. Washington
Board Member
Janet Rollé
Board Member
Adam Rothstein
Board Member
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Dotdash Meredith
IAC's digital publishing arm; its People brand is the second-ranked brand by U.S. time spent in the competitive set BuzzFeed reports against.
Condé Nast
Publisher of Vogue.com, The New Yorker and Vanity Fair, all named in BuzzFeed's reported competitive set.
Vox Media
Publisher of Vox.com, The Verge and New York Magazine, named in BuzzFeed's reported competitive set.
Bustle Digital Group
Publisher of Bustle.com, named in BuzzFeed's reported competitive set.
BuzzFeed has traded on Nasdaq as BZFD since its December 2021 SPAC merger with 890 5th Avenue Partners. Control changed hands on May 26, 2026, when Allen Family Digital, LLC, an affiliate of Byron Allen's family office, bought 40 million newly issued Class A shares at $3.00 for $120 million and took approximately 51% of the company's voting power. The company remains listed, regained compliance with Nasdaq's $1.00 minimum bid price on May 27, 2026, and is restructuring under Allen: revenue fell 21.8% year over year in Q2 2026 and the board approved a 35% workforce reduction in July 2026.
BuzzFeed shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
BuzzFeed went public in Nov 2006 via ipo, with an offering valuation of approximately $1.5B. BuzzFeed has traded on Nasdaq as BZFD since its December 2021 SPAC merger with 890 5th Avenue Partners. Control changed hands on May 26, 2026, when Allen Family Digital, LLC, an affiliate of Byron Allen's family office, bought 40 million newly issued Class A shares at $3.00 for $120 million and took approximately 51% of the company's voting power. The company remains listed, regained compliance with Nasdaq's $1.00 minimum bid price on May 27, 2026, and is restructuring under Allen: revenue fell 21.8% year over year in Q2 2026 and the board approved a 35% workforce reduction in July 2026.
BuzzFeed raised $512.5M across 8 disclosed funding rounds prior to its public listing.
BuzzFeed was founded by Jonah Peretti in 2006.
BuzzFeed is headquartered in New York, NY, United States.
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