# BuddyTV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buddytv

- Industry: Media
- Headquarters: Seattle, US
- Website: www.buddytv.com
- Total disclosed funding: $6.3M
- Latest round: Series B (Apr 14, 2008)
- Investors on record: 2

## About

BuddyTV Corp. is a digital media platform that specializes in delivering television and movie news, reviews, and entertainment content to eager audiences. It aggregates essential programming information and insights for enhanced entertainment experiences.Founded in 2005 by Charles Merritt in Seattle, US, BuddyTV Corp. operates as a digital media platform focusing on TV and movie content. The company has executed 4 deals, with its most recent funding round occurring on December 4, 2013, raising USD 1.5 mn led by Madrona Venture Group. Charles Merritt serves as both the CEO and founder of BuddyTV.BuddyTV primarily operates as a digital media platform focusing on television and movie news, reviews, and entertainment content. Its core product offerings include a robust online portal that aggregates television programming information, provides updates on the latest movie releases, and delivers insightful reviews across various genres. The platform aims to address the needs of entertainment enthusiasts by delivering timely and relevant content that helps users stay informed about their favorite shows and films. BuddyTV serves a diverse customer base that includes casual viewers, dedicated TV fans, and moviegoers, primarily in the United States, but also extending its reach to international markets where English-speaking audiences seek relatable entertainment news. The service enhances user engagement through features such as interactive recaps, celebrity news, and in-depth analysis, appealing to a wide demographic of media consumers.BuddyTV generates revenue through a combination of advertising and sponsorship agreements on its platform. The company engages in direct-to-consumer transactions, allowing advertisers to reach a targeted audience interested in television and movie content. The structure typically involves partnerships with brands seeking to promote their products or services alongside BuddyTV's content, leveraging the platform's high traffic and engaged readership. Revenue is supplemented by potential premium subscription models that provide users with enhanced access to exclusive content or ad-free experiences. The advertising rates and any subscription pricing plans are determined based on audience reach and engagement metrics, aligning with industry standards for digital media platforms.In December 2013, BuddyTV Corp. raised USD 1.5 mn in funding led by Madrona Venture Group, which will support its initiatives for future growth. The company plans to develop new products focused on enhancing user experience and expanding content offerings. Additionally, BuddyTV aims to penetrate international markets, targeting English-speaking audiences by the end of 2015. The funding will facilitate these expansions and product developments, aligning them with market demands.

## Funding rounds

- Series B, Apr 14, 2008, $6M — Madrona Venture Group
- Angel, May 1, 2007, $0.3M — CRV

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Angel
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series B