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Allrecipes.com, Inc.

Allrecipes.com, Inc. has been acquired by a public company.
PrivCo has ceased its coverage of Allrecipes.com, Inc. and below is the archived report.

Business Summary

Allrecipes.com, Inc. is a privately-held, venture capital backed online database and aggregator of user-generated recipes. Founded in 1997 by Tim Hunt, Allrecipes.com, Inc. is headquartered in Seattle, Washington. The Company was acquired by Reader's Digest in 2006 and subsequently acquired by publicly-traded Meredith Corporation in early 2012 following Reader's Digest's bankruptcy in 2009. As of Q1 2012, Allrecipes.com operates 17 websites with 9 mobile apps and 13 eBooks. The websites are available in 11 languages in 23 countries.

Jump to Allrecipes.com, Inc.: Detailed Business Description for more details on Allrecipes.com, Inc. products and services, financial structure, Allrecipes.com, Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Year Founded:1997
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:Seattle
State/Province:Washington
Country:United States
Phone:View
Fax:View
Website:www.allrecipes.com

Corporate Organization

Parent Companies:
Founders:
David Quinn
Tim Hunt

Industry Information

Industry Codes

PICS™:900204
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Internet > Internet Content Providers > Online Databases

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are Allrecipes.com, Inc. financials and other business metrics displayed in table format.
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Income Statement20122011201020092008200720062005
Revenues ViewViewViewViewViewView$7,500,000
Employee Figures20122011201020092008200720062005
Total EmployeesView1ViewViewViewViewViewView45
Productivity (Revenue/Employee) ViewViewViewViewViewView$166,667
Site Metrics20122011201020092008200720062005
Monthly Unique VisitorsView1ViewViewViewViewViewView4,800,000
Total Recipes ViewViewViewViewViewView30,000
Notes
Financial Notes:
*Allrecipes.com, Inc. fiscal year end: 12/31
1As... read more.
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Charts, Financials, and Statistics (Graphs)

Below are Allrecipes.com, Inc. financials and other business metrics displayed in table format.
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Allrecipes.com, Inc. Revenues ($ MM):
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Allrecipes.com, Inc. Total Employees:
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Allrecipes.com, Inc. Productivity (Revenue/Employee) ($):
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Allrecipes.com, Inc. Monthly Unique Visitors (Millions):
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Allrecipes.com, Inc. Total Recipes:
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Mergers & Acquisitions

PrivCo's M&A Activity table for Allrecipes.com, Inc. displays the mergers and acquisitions involving Allrecipes.com, Inc., for example if Allrecipes.com, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsMar. 2006CompletedViewViewAcquisitionView
DetailsMar. 2012CompletedView1ViewAcquisitionView
Notes
1The deal should more than...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Allrecipes.com, Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Allrecipes.com, Inc..
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DateInvestorRoundInvestor Type
Dec. 1999Unspecified InvestorsA
DetailsTotal Round A $2,500,000
Sep. 2000Nevis Capital ManagementBVenture Capital
Sep. 2000Sugar Mountain CapitalBVenture Capital
Sep. 2000Frederick J. WarrenBAngel / Individual
Sep. 2000Larry MurphyBAngel / Individual
Sep. 2000Michael BrochuBAngel / Individual
DetailsTotal Round B $6,500,000
May. 2002Unspecified InvestorsC
DetailsTotal Round C1 $6,491,250
Jun. 200224 Unspecified InvestorsD
DetailsTotal Round D $1,500,000
Oct. 20032 Unspecified InvestorsE
DetailsTotal Round E2 $500,000
Total of Funding Shown Above $17,491,250
Notes
1According to an SEC filing, Allrecipes.com, Inc. raised $6,491,250 of a total $8,250, 014.58 as of May 14, 2002. - Details →
2According to an SEC filing, Allrecipes.com, Inc. raise $500,000 of a total $600,000 as of Oct. 9, 2003. - Details →

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Detailed Business Description: Allrecipes.com, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Allrecipes.com, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Business Model

Revenue: Allrecipes.com’s revenues are primarily derived from its ad services. Allrecipes.com is unique in that it does not sell single banner ads. Rather, the company sells ad space and partnerships to companies operating in the food and cooking space including: Nestle, Kraft, General Mills, and Hershey. Additional advertisers include McCormick & Co., Sara Lee, Mann's Fresh Vegetables, Cooking Light, and Southern living. This has allowed Allrecipes to direct its advertising space to a specific user base, increasing the company’s ad click-through-rate. By selling these partnerships, Allrecipes.com has a more stable ad revenue stream than other websites that sell single banner ads. Allrecipes.com also generates revenue by selling books containing a collection of the highest rated recipes from the site along with partnerships to cooking book publishers.

Cost: Allrecipes.com’s costs are derived from the maintenance of its site and database of… Continue Reading →

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Supplemental Resources

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