Founded in 2006, Outbrain pioneered the online content recommendation category. Today our platform enables over 7,000 online properties, including many of the world’s most prestigious publications, helping them engage their users and monetize their visits.
We have delivered over $3 billion in direct revenue to our media partners since inception. Some key media partners include Asahi Shimbun, CNN, Der Spiegel, Le Monde, MSN, Sky News and Sky Sports. In 2020, we provided personalized content feeds and ads to approximately 1 billion monthly unique users, delivering on average over 10 billion recommendations per day, with over 20,000 advertisers using our platform.
Outbrain’s co-founders Ori Lahav and Yaron Galai served together in the Israeli Navy during their mandatory service, according to a story (published July 7, 2021) about Outbrain’s pre-IPO fundraising in The Times of Israel.
(Note: Funds managed by the Baupost Group, a hedge fund and an investor in Outbrain, have indicated an interest in buying up 9.9 percent of the stock in the IPO, the prospectus says.)
(Note: Outbrain priced its IPO on July 22, 2021, at $20 – well below the bottom of its $24-to-$26 range – on 8 million shares to raise $160 million.)
|Industry:||Services - Computer Programming & Data Processing|
|Address||222 Broadway, 19th Floor New York, NY 10038|
|Phone Number||(646) 859-8594|
|View Prospectus:||Outbrain Inc.|
|Revenues||$817.83 mil (last 12 months)|
|Net Income||$5.54 mil (last 12 months)|
|Price range||$20.00 - $20.00|
|Est. $ Volume||$160.0 mil|
|Manager / Joint Managers||Citigroup/ Jefferies/ Barclays/ Evercore|
|CO-Managers||JMP Securities/ Needham & Co./ LUMA Securities|
|Expected To Trade:||7/23/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|