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Benzinga

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Benzinga
Type
Private
IndustryFinance,FinTech, News
Founded 📆2010; 10 years ago (2010)[1]
Founder 👔Jason Raznick[2]
Headquarters 🏙️,
Detroit, Michigan[1]
Area served 🗺️
Worldwide
Key people
  • Jason Raznick (CEO)
Members
Number of employees
11-50[1][note 1]
Websitewww.benzinga.com
address
telephone
Footnotes / references
[2] [1]

Benzinga is a financial news media outlet and aggregator based in Detroit, Michigan.[2] Founded in 2010, Benzinga is currently the largest news vendor for North American brokerage firms.[1][3] They host the annual Benzinga Global Fintech Awards, which recognize financial technology innovations, the Cannabis Capital Conference, and the Benzinga Fintech Summit.[4][5][6]

As of April 2019, Benzinga has approximately 2 million readers per month.[2]

History[edit]

Founded in 2010 by Jason Raznick, Benzinga is the doing business ("DBA") of Accretive Capital, LLC, which registered a trademark for Benzinga on October 22, 2013.[7][8][9] As of 2019, they are headquartered in Detroit, Michigan.[2]

Initially, Benzinga offered real-time small cap news and analysis, including user-contributed content.[10] By 2017, they had expanded their offerings to include mid-cap and large-cap stocks.[10]

On May 26, 2011, Lightbank announced a $1.5 million investment in Benzinga and became its angel investor.[11][1] By early 2014, the company became profitable.[12] On September 29, 2016, WorldQuant Ventures invested $3 million with the aim to "expand Benzinga's original market-moving content and data service infrastructure."[13][14]

Products[edit]

Benzinga.com[edit]

Benzinga.com aggregates financial news and data, including stock exchange quotes, index values, news items, and analysis from their in-house reporters.[1][2] Notable Benzinga writers include Javier Hasse, author of Start Your Own Cannabis Business.[15][16]

Benzinga Pro[edit]

Benzinga Pro is a trading terminal that allows equity traders, hedge funds, and other financial services professionals to monitor real-time market data with live-streaming radio for audio alerts.[17] It aggregates financial news, Securities and Exchange Commission filings, and price quotes along-side in-house content and sentiment analysis.[10] Bloomberg Terminal is its primary competitor.[10]

Marketfy[edit]

Marketfy, trademarked in 2014, is a profit.ly competitor and provides curated newsletters, educational materials, and tools for traders and investors.[18][12] It bills itself as a transparent platform where aspiring traders can learn from experts, called mavens, receive trade alerts from these mavens, and participate in live trading rooms.[19]

Partnerships[edit]

Among others, Benzinga has partnerships with Interactive Brokers, Skyhook, Yahoo! Finance, Google, Robinhood, MarketWatch, and ThinkorSwim.[20][21] [22]

Notes[edit]

  1. There's a discrepancy between Crunchbase and LinkedIn, which reports 102 employees on 12 April 2019. See www.linkedin.com/company/benzinga/people/.

References[edit]

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 "Benzinga". Crunchbase. Retrieved 2019-04-12.
  2. 2.0 2.1 2.2 2.3 2.4 2.5 "About Us". Benzinga. Retrieved 2019-04-12.
  3. "Benzinga Partners With Chaikin Analytics On Enhanced Trading Ideas Categories". Retrieved 2019-04-18.
  4. Spencer White (2016-12-07). "Benzinga Kicks Off Global Fintech Awards Competition". Benzinga. Retrieved 2019-04-10.
  5. "Benzinga Cannabis Capital Conference". New Cannabis Ventures. Retrieved 2019-04-18.
  6. "Benzinga Fintech Summit". Retrieved 2019-04-22.
  7. "Benzinga Company Profile: Valuation & Investors". PitchBook. Retrieved 2019-04-12.
  8. "BENZINGA Trademark of Accretive Capital LLC - Registration Number 4421503 - Serial Number 85877316 :: Justia Trademarks". Retrieved 2019-04-12.
  9. "LARA Corporations Online Filing System Department of Licensing and Regulatory Afairs". Retrieved 2019-04-12.
  10. 10.0 10.1 10.2 10.3 Baldwin, Garrett (May 2017). "Benzinga Goes Pro". Modern Trader: 32–32. ISSN 2379-4674. Retrieved 2019-04-10.
  11. Goode, Lauren (2011-05-26). "Groupon Founders Turn To Financial News With Benzinga Investment". WSJ. Retrieved 2019-04-10.
  12. 12.0 12.1 Techonomy. "Benzinga: The Detroit-based Online Investing Tool for Average Joes". Forbes. Retrieved 2019-04-12.
  13. "WorldQuant Ventures Invests in Benzinga". 2016-09-29. Retrieved 2019-04-12.
  14. Nation, Zinger (2016-09-29). "Benzinga's $3 Million Investment Round Will Continue To Make Information Easier For You To Consume". Benzinga. Retrieved 2019-04-10.
  15. Hasse, Javier. "Javier Hasse". Benzinga. Retrieved 2019-04-18.
  16. Hasse, Javier. "Javier Hasse". Entrepreneur. Retrieved 2019-04-18.
  17. "Benzinga Pro". Retrieved 2019-04-12.
  18. "MARKETFY Trademark of Accretive Capital LLC - Registration Number 4477168 - Serial Number 85877317 :: Justia Trademarks". Retrieved 2019-04-12.
  19. "About Us". Marketfy. Retrieved 2019-04-12.
  20. "Benzinga and Interactive Brokers Announce Alliance to Streamline News and Data".
  21. "Benzinga and Skyhook Announce Partnership to Deliver Geolocational Dataset". MI-BENZINGA-Skyhook. 2019-04-03. Retrieved 2019-04-10.
  22. "For companies who demand more". Benzinga Cloud. Retrieved 2019-04-10.

References[edit]


This article "Benzinga" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Benzinga. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.