How Much Did Tubi Raise? Funding & Key Investors

Tubi has successfully raised funding over six rounds, with the latest being a Series D round. The platform is backed by 17 investors, including Cerity Partners Ventures and DHVC.

Keep reading to explore the intricacies of Tubi's fundraising journey and the investors backing this innovative platform.

What Is Tubi?

Tubi is a leading ad-supported video on demand (VOD) service headquartered in San Francisco, California. The platform offers a wide range of movies and TV shows for free, supported by advertisements.

Operating in the digital entertainment and media industry, Tubi has an employee count ranging from 501 to 1000. The company was acquired by Fox and continues to expand its content offerings across various genres and devices.

How Much Funding Has Tubi Raised?

1. Pre-Seed Round
   • Amount Raised: Not publicly disclosed
   • Date: July 2017
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To kickstart the platform and develop initial offerings.
2. Series A
   • Amount Raised: Not publicly disclosed
   • Date: March 2014
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand the content library and enhance platform capabilities.
3. Series B (First Round)
   • Amount Raised: USD 6,000,000
   • Date: November 2015
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand operations and increase market reach.
4. Series B (Second Round)
   • Amount Raised: USD 20,000,000
   • Date: May 2016
   • Lead Investors: Jump Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale the platform and enhance user experience.
5. Series C
   • Amount Raised: USD 2,000,000
   • Date: June 2016
   • Lead Investors: Jump Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To further expand content offerings and improve technology infrastructure.
6. Series D
   • Amount Raised: Not publicly disclosed
   • Date: December 2019
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support continued growth and market expansion.

Total Amount Raised: USD 28,000,000

Current Valuation: Not publicly disclosed

Key Investors

• Cerity Partners Ventures
  • Details: Cerity Partners Ventures is a venture capital firm that provides strategic investment and advisory services. They participated in Tubi's Series D funding round.
  • Investment Focus Areas: Technology, healthcare, financial services.
  • Notable Investments: Not publicly disclosed.
• DHVC (Danhua Capital)
  • Details: DHVC is a venture capital firm that invests in early-stage and growth-stage companies. They are known for their focus on innovative technology startups.
  • Investment Focus Areas: Technology, artificial intelligence, healthcare.
  • Notable Investments: Not publicly disclosed.
• Lionsgate
  • Details: Lionsgate is a global content leader known for its film and television production and distribution. They participated in Tubi's Series B funding round.
  • Investment Focus Areas: Entertainment, media, content production.
  • Notable Investments: Starz, Pantaya, Pilgrim Media Group.
• Metro-Goldwyn-Mayer (MGM)
  • Details: MGM is a leading entertainment company focused on the production and global distribution of film and television content. They were involved in Tubi's Series B funding round.
  • Investment Focus Areas: Film production, television programming, digital content.
  • Notable Investments: Epix, United Artists, Orion Pictures.
• Cota Capital
  • Details: Cota Capital is a multi-stage investment firm that partners with technology companies to drive growth and innovation. They participated in Tubi's Series B funding round.
  • Investment Focus Areas: Technology, healthcare, financial services.
  • Notable Investments: Automation Anywhere, DataRobot, Shape Security.

What's Next for Tubi?

Tubi's future looks promising as it continues to expand its operations and hire new employees. The platform's growth is fueled by the increasing popularity of ad-supported streaming services and partnerships with major content providers like Paramount Pictures and Starz. This expansion presents a significant opportunity for Tubi to capture a larger market share and enhance its content library.

With the successful Series B funding round, Tubi is well-positioned for future fundraising opportunities. The involvement of major backers suggests that additional funding rounds could be on the horizon, enabling further growth and technological advancements. However, Tubi will need to navigate challenges such as intense competition from other streaming platforms and maintaining a diverse content library while ensuring a seamless user experience.

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