What is Telly?
Founded by the visionary behind Pluto TV, Telly aims to redefine home entertainment by providing both content and the television itself at no cost to consumers. The company's innovative Dual Screen Smart TV is designed to be the ultimate free television upgrade, completing the founders' vision for a completely free ecosystem for viewers. This approach positions Telly to capture a significant share of the consumer electronics and smart home markets by removing traditional barriers to entry.
How much funding has Telly raised?
Telly has raised a total of $17.1M across 3 funding rounds:
Series A
$6.5M
Series B
$7.4M
Series C
$3.2M
Series A (2011): $6.5M with participation from Azure Capital Partners and Threshold
Series B (2013): $7.4M led by Felicis Ventures, Wavemaker Partners, Azure Capital Partners, Draper Fisher Jurvetson, and Lumia Capital
Series C (2015): $3.2M, investors not publicly disclosed
Key Investors in Telly
Felicis Ventures
Felicis Ventures is a venture capital firm specializing in early and growth-stage technology companies across various sectors, including SaaS, AI, fintech, and consumer markets.
Wavemaker Partners
Wavemaker Ventures is an early-stage venture capital firm in Southeast Asia, focusing on Enterprise, Deep Tech, and Sustainability startups, aiming to empower innovative solutions.
Azure Capital Partners
Azure Capital Partners is an investment firm that focuses on post-seed and early-stage companies at pivotal growth points, investing in transformative technologies.
What's next for Telly?
With substantial enterprise-level backing and a recent strategic investment, Telly is poised for significant expansion and market penetration. The company is likely to focus on scaling its manufacturing capabilities, enhancing its content partnerships, and broadening its distribution channels. Further development of its unique dual-screen technology and user interface will be critical to solidifying its market position and attracting a wider consumer base. This strategic financing will enable Telly to accelerate its mission of making premium television experiences accessible to everyone.
See full Telly company page
