What is Tubi?
Tubi operates as a leading free streaming service in the United States, dedicated to providing accessible global storytelling to a diverse audience. The platform offers a personalized viewing experience, featuring an extensive library of movies, TV shows, original programming, and live channels. As a key component of Fox Corporation's Tubi Media Group, the company plays a crucial role in driving digital media engagement through its broad and inclusive entertainment offerings.
How much funding has Tubi raised?
Tubi has raised a total of $26M across 2 funding rounds:
Series B
$6M
Series C
$20M
Series B (2015): $6M with participation from Foundation Capital, Cota Capital, MGM, Danhua Capital, and Lionsgate
Series C (2017): $20M led by Jump Capital, Foundation Capital, Cota Capital, and Danhua Capital
Key Investors in Tubi
Foundation Capital
Foundation Capital is a venture capital firm that partners with founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
Danhua Capital
DHVC is a VC fund that invests primarily in early stage and growth stage companies with disruptive technology or business models, big markets, and excellent teams, with a focus on AI, AR/VR, Big Data, Blockchain, and Enterprise Software.
MGM
Metro-Goldwyn-Mayer is an entertainment company focused on the production and global distribution of film and television content across all platforms.
What's next for Tubi?
With substantial enterprise-level backing, Tubi is poised for continued expansion and enhancement of its streaming services. The company's strategic focus likely involves broadening its content library, refining its personalized recommendation engine, and potentially exploring new markets or distribution channels. This latest infusion of capital will empower Tubi to further solidify its market presence and compete effectively in the rapidly evolving streaming industry, leveraging its unique position as a free, ad-supported service.
See full Tubi company page
