# Sinemia

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

- Industry: Internet
- Headquarters: Istanbul, Turkey
- Website: www.sinemia.com
- Latest round: Seed (Oct 11, 2016)
- Investors on record: 1

## About

Sinemia provides an innovative subscription service that enhances the movie-going experience, allowing users to enjoy multiple films per month at a lower cost compared to traditional ticket purchases.Founded in 2014 in Istanbul, Turkey, Sinemia specializes in movie subscription services that simplify cinema access for users. The company has undergone strategic shifts to optimize its service offering. Notably, in January 2017, it secured a TRY 5.5 million funding led by Revo Capital with participation from 500 Global and Aslanoba Capital, totaling TRY 5.5 million raised to date. The firm has completed a total of four funding deals, with Revo Capital being a significant investor during the latest round.Sinemia primarily offers a subscription service designed to make movie-going more affordable and convenient. By providing various subscription plans, users can watch multiple films per month for less than the cost of individual tickets. The plans cater to different preferences, addressing challenges like high ticket prices and the need for advance booking. Sinemia's services are available mainly in North America and select European regions, targeting individuals, families, and frequent moviegoers.Sinemia's revenue model is based on subscription fees, which allow customers to access a predetermined number of movie tickets each month. Users choose their desired films and showtimes through the Sinemia app, benefiting from a structured pricing system that includes options for premium theaters and 3D films. This subscription model fosters repeat use and helps maintain stable revenue streams by building customer loyalty and facilitating direct relationships with theaters.Sinemia is poised for growth with plans to introduce new subscription products tailored to diverse consumer demands. The company aims to expand its operations into further geographic regions, specifically targeting new markets by the end of 2018. The recent funding of TRY 5.5 million from Revo Capital will be instrumental in supporting these initiatives, including enhancing technology capabilities and marketing efforts to reach a broader audience.

## Funding rounds

- Seed, Oct 11, 2016 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed