Beliefnet, Inc.

Beliefnet, Inc.

Beliefnet, Inc.

Overview
Date Founded

1999

Headquarters

303 Park Avenue South,New York, NY 10010

Type of Company

Private

Employees (Worldwide)

101 - 250

Industries

Internet Software & Services
Social Interest
Other Business & Consulting Services
Beverages

Company Description

Beliefnet, Inc. provides online resources for religion and spiritual services. It offers inspirational quotes, faith and prayer, health and wellness, entertainment portal, love and family, and newsletter. The company was founded by Robert Nylen and Steven Waldman in 1999 and is headquartered in Norfolk, VA.

Executives & Employees

Co-Founder

President & Chief Executive Officer

Board of Directors

Founder at The Potter's House

President & Chief Executive Officer at Beliefnet, Inc.

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Beliefnet, Inc.
Transaction Advisors
Investment Advisor

Advised onTwenty-First Century Fox, Inc., Fox Entertainment Group, Inc. purchase Beliefnet, Inc. from Blue Chip Venture Co. Ltd., SoftBank Capital Partners LLC, Primus Capital Partners, Inc., The Trump Group, Highland Capital Partners LLC

Non-Profit Donations & Grants
Investors
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Chief Executive Officer & Director at LifePosts, Inc.

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Former Director at Beliefnet, Inc.

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Bcvc invests primarily in the media & marketing, healthcare and software & services sectors. They target technology companies that serve the media and marketing industries. They invest in healthcare companies including healthcare services companies, specialty providers and clinical-stage drug and medical device companies. They also invest in software companies and technology-enabled business service companies.Blue Chip Ventures invests mainly in companies that have revenue, but are not yet profitable. The firm focuses on companies seeking first- and second-round funding. They make equity investments that are typically structured as convertible preferred stock. Where appropriate, an investment may include a bridge loan component with equity enhancements. Investments range from $4 million to $6 million over a multiple financing rounds. Blue Chip Ventures focuses on investments in companies in the Midwestern and Northeastern US, but they may also consider investments throughout the US and Canada.

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