Blavity Explained

Blavity
Type:New media and lifestyle for African Americans[1] [2]
Language:English
Author:Morgan DeBaun
Aaron Samuels
Current Status:Online

Blavity is an American digital media company and website based in Los Angeles targeting black millennials.[3] [4] Their mission is to "economically and creatively support Black millennials across the African scape, so they can pursue the work they love, and change the world in the process."[5]

Founding

Blavity was founded by CEO Morgan DeBaun and co-founded by Jonathan Jackson, Jeff Nelson and Aaron Samuels in 2014;[6] DeBaun had worked at Intuit for three years prior but left to found the new company. Blavity's name is a combination of the words "black" and "gravity", inspired by DeBaun's experience as an undergraduate at Washington University; she was struck that eating lunch with a few friends at their regular table in the college cafeteria over time attracted more and more black students to their discussions of everything from politics to pop culture, a kind of intellectual "black gravity".[7]

Content, visitors and growth

In Essence, Lihle Z. Mtshali described the site as focused "on sub-cultures, community, and local happenings in different cities rather than covering celebrities and mainstream black culture." The site contains approximately 40% user-generated content.

In September 2016, Blavity reached millions of unique visitors per month. That month, the company closed a one million dollar round of seed funding. Investor and mentor was Monique Woodard, a famous African-American businesswoman.[8]

In 2016, Blavity launched two conferences: EmpowerHer, a conference in New York City for black women,[9] and Afrotech, a San Francisco summit for black people in technology.[10]

In 2017, Blavity launched a black women's lifestyle platform, 21Ninety,[11] and acquired two other properties, the black entertainment website Shadow and Act[12] and the black travel website Travel Noire.[13]

In July 2018, Blavity raised $6.5 million in new funding through GV, Comcast Ventures, Plexo Capital, and Baron Davis Enterprises. The funds are intended to increase the size of the company's engineering group, which works on new content, and establish a new office in Atlanta.[14] [15] [16]

In January 2023, Blavity launched Home and Texture. The new media brand is targeted at multicultural audiences buying homes, designing their spaces and starting families.

Recognition

In 2016, two of the Blavity founders, DeBaun and Samuels, were named to the Forbes 30 Under 30 list of "young people transforming the future of America".[17]

Notes and References

  1. Web site: Sarah Buhr. Blavity, the BuzzFeed for black millennials, is raising million and gets a redesign. TechCrunch. January 10, 2017. September 12, 2016.
  2. Web site: Kaya Thomas. Kaya Thomas. Blavity Hopes To Be The Digital Voice of Black Millennials. TechCrunch. January 10, 2017. September 7, 2015.
  3. Web site: Mandi Woodruff. 5 black business leaders who are changing the face of Silicon Valley. Yahoo Finance. January 10, 2017. February 5, 2016.
  4. Web site: Dayna Evans. How I Get It Done: Morgan DeBaun, Co-Founder and CEO of Content Platform Blavity. NYmag.com. January 10, 2017. November 9, 2016.
  5. Web site: Blavity. www.blavity.com. 23 February 2017. https://web.archive.org/web/20170224135134/https://blavity.com/about. 24 February 2017. dead.
  6. News: Ketchum. John. Blavity's CEO on taking risks and building a community for black millennials. May 2, 2017. CNN. April 20, 2017.
  7. News: Meet Blavity Co-Founder Morgan DeBaun And The Digital Empire She's Building. Mtshali. Lihle Z.. 2017-06-05. Essence. 2017-06-25.
  8. Web site: by. 2018-01-18. Monique Woodard Is Leaving 500 Startups, Destination: Unknown. 2021-02-10. Moguldom. en-US.
  9. Web site: Morgan DeBaun's Blavity, Talks "EmpowerHer," Their First Conference for Black Women: EmpowerHer. May 14, 2016. Black Girl Nerds. Cynthia Franciillon. May 2, 2017. https://web.archive.org/web/20170110232551/https://blackgirlnerds.com/morgan-debaun-creator-blavity-talks-empowerher-first-conference-black-women-empowerher/. January 10, 2017. dead.
  10. February 15, 2017. Inside Blavity, the Startup on a Quest to Be the News Source for Black Millennials. Wired. Brooks Jr.. Carl. May 2, 2017.
  11. Web site: Spinoff from Blavity caters to young black women.
  12. Web site: JetMag – the future is fueled by Jet .
  13. Web site: Blavity just acquired Travel Noire, a travel site for black millennials. 18 September 2017.
  14. Web site: Blavity raises $6.5 million for digital media for black millennials . Annlee . Ellingson . July 20, 2018 . . July 21, 2018 .
  15. Web site: Blavity Founder Raises Over $6 Million in Funding . Selena . Hill . July 20, 2018 . . July 21, 2018 .
  16. Web site: Black Millennial Media Startup Blavity Confirms It's Using Series A to Open Atlanta Office . Holly . Beilin . August 28, 2018 . Hypepotamus . September 8, 2018 .
  17. Web site: Emily Inverso. 30 Under 30: Meet The Young People Transforming Media. Forbes. January 10, 2017. January 4, 2016.