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Benzinga is an internet-based financial media company headquartered in metropolitan Detroit, Michigan. Benzinga produces news, commentary, and data on the financial markets for its flagship website, Benzinga.com, as well as dozens of licensing partners including Yahoo Finance, TD Ameritrade, and Microsoft’s Windows 8. Benzinga.com is visited by over 1 million unique visitors each month. Its content, which is distributed through its partners’ websites, is viewed by over 10 million users monthly. The company also operates Benzinga Pro, a subscription-based real-time information service, and Marketfy.com, an e-commerce platform that sells premium financial content. Marketfy is an e-commerce website where traders and investors can shop for premium content, like newsletters or educational courses, published by experts. In 2011, Benzinga received $1.5 million in Series-A funding from Lightbank, the venture capital fund whose partners started Groupon. The corporation was founded in 2010 by Jason Raznick, who acts as CEO alongside current COO, Fernando Prieto and President, Kyle Bazzy.

History

Founder Jason Raznick started the corporation out of his basement, with the stated intent of “providing investors with real time financial data and news”.

He would later expand operations into the corporation’s main office in Southfield, Michigan.

Partners

Benzinga’s partners include Microsoft, CNN Money, NASDAQ, and Fox Business.

Divisions

Benzinga

Benzinga.com is a mass-media website that offers business news, trading ideas, and stock market data. It has over 30 staff writers and contributors.

Benzinga Pro

Benzinga Pro is a subscribers-only service geared towards professional traders. Services on Benzinga Pro include a real-time newsfeed, financial calendars, and an audio news squawk.

Marketfy

Marketfy is an e-commerce website where traders and investors can shop for premium content, like newsletters or educational courses, published by experts - dubbed “Mavens”.

With more than 50,000 members, Marketfy enables traders and investors to purchase access to a Mavens’ newsletters, trade picks, commentary, chat-rooms, and more.

Prominent Mavens include Alan Brochstein, Tim Melvin, and Matt McCall. In June of 2014, Marketfy hosted the first WeedStock Conference, which provided a forum for investors and entrepreneurs to learn about the cannabis industry. Large industry players presented at the the event, including MassRoots, Advanced Cannabis Solutions, and Abattis Bioceuticals Corp.

Pre-Market Show

Benzinga produces The Premarket Show, a streaming online trading show, every morning that the market is open from 8 to 9:45 AM Eastern Time. The show is sponsored by OptionsHouse and hosted by professional traders Dennis Dick and Joel Elconin. Prominent guests have included Herb Greenberg, Rachel Fox, and Josh Brown.