# Tubi

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.tubitv.com
- Total disclosed funding: $26M
- Latest round: Series B (May 9, 2017)
- Investors on record: 6

## About

Tubi, Inc. is a US-based free streaming service that provides a wide range of movies and television shows funded through advertising, catering to diverse audience preferences.Founded in 2014 in San Francisco, US, Tubi operates as a free streaming platform offering on-demand video content. The company was acquired by Fox Corporation in April 2020 for USD 440 mn, enabling them to expand their direct-to-consumer audience. Farhad Massoudi, the founder, has a history of entrepreneurial ventures, enhancing Tubi's growth trajectory.Tubi offers a free streaming platform that provides users access to a diverse range of movies and television shows, primarily funded through advertising. The service hosts a wide variety of content across multiple genres, including drama, action, comedy, and documentary. Tubi's core offering is its extensive library of on-demand video content, allowing viewers to watch films and TV series at their convenience without requiring a paid subscription. The platform is available to users in the United States, Canada, Australia, and Mexico, targeting a large demographic of streaming audiences seeking free entertainment options. By leveraging partnerships with content creators and distributors, Tubi serves a significant client base, including individual consumers as well as advertisers looking to reach viewers through targeted ad placements.Tubi’s revenue model relies primarily on advertising revenue generated through its free streaming service. The company engages in transactions with advertisers who purchase ad placements within its video content, creating a monetization strategy that allows users to access content without a subscription fee. Tubi connects advertisers with its viewer base, offering targeted advertising opportunities based on user preferences and viewing habits. Tubi's flagship product is its ad-supported streaming service, which integrates advertisements, ensuring that the company maintains a steady flow of income through these partnerships. The company continues to expand its content library and advertising capabilities to optimize revenue generation from its service offerings.Tubi plans to leverage the resources from its acquisition by Fox Corporation to enhance its product offerings and expand its market reach. The recent acquisition will support Tubi in growing its direct-to-consumer audience. Expansions into new markets are being considered, particularly in additional international territories. Tubi is focusing on optimizing its advertising capabilities while continuing to diversify and expand its content library to attract a broader audience.

## Funding rounds

- Series B, May 9, 2017, $20M — Foundation Capital, Jump Capital, DHVC, Cota Capital
- Series A, Sep 1, 2015, $6M — Foundation Capital, Metro-Goldwyn-Mayer Studios Inc., Lions Gate Entertainment Corp., Cota Capital

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A, Series B
- Metro-Goldwyn-Mayer Studios Inc. — Series A
- Lions Gate Entertainment Corp. — Series A
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series A, Series B
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series B
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series B