# Quibi Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quibi-holdings

- Industry: Media
- Headquarters: Los Angeles, US
- Website: www.quibi.com
- Total disclosed funding: $1B
- Latest round: Seed (Jul 26, 2018)
- Investors on record: 17

## About

Based in California, US, and founded in 2018, Quibi Holdings, LLC. formerly known as NewTV, operates as a developer of entertainment or short form streaming platform that allows individuals to watch through their smartphones. The company was founded by Jeffrey Katzenberg. In July 2018, Quibi raised USD 1 billion in seed funding from Alibaba Group, Entertainment One Ltd., Goldman Sachs, Greenspring Associates, ITV, JPMorgan Chase, Liberty Global Plc, Lionsgate, Madrone Capital Partners, Metro-Goldwyn-Mayer Studios Inc., NBC Universal, Sony Pictures Entertainment, Time Warner Inc., Twenty-First Century Fox, Inc., Viacom Inc., Walt Disney Co., and Warner Bros. In January 2021, Quibi was acquired by Roku, Inc.

The company provides media content such as scripted series, storytelling, documentaries, and news which allow users to watch through their mobile applications.

Quibi plans to release 175 original shows during its first year and expand to other countries around the world.

## Funding rounds

- Seed, Jul 26, 2018, $1B — Greenspring Associates, JP Morgan Asset Management, Metro-Goldwyn-Mayer Studios Inc., The Walt Disney Company, NBCUniversal Media, LLC, Liberty Global Plc, Lions Gate Entertainment Corp., Madrone Capital Partners, ITV, Goldman Sachs Asset Management, Warner Bros., Viacom, Inc., Sony Pictures Entertainment, Alibaba Group, Time Warner Inc., Twenty-First Century Fox, Inc., Entertainment One Ltd.

## Investors

- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Seed
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Seed
- Metro-Goldwyn-Mayer Studios Inc. — Seed
- The Walt Disney Company — Seed
- NBCUniversal Media, LLC — Seed
- Liberty Global Plc — Seed
- Lions Gate Entertainment Corp. — Seed
- Madrone Capital Partners — Seed
- ITV — Seed
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Seed
- Warner Bros. — Seed
- Viacom, Inc. — Seed
- Sony Pictures Entertainment — Seed
- Alibaba Group — Seed
- Time Warner Inc. — Seed
- Twenty-First Century Fox, Inc. — Seed
- Entertainment One Ltd. — Seed