Quibi (Series A)
Funding Details
Awarder
Inbox
Date Award
April 6, 2020
Vertical
Media and Entertainment
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$2,000,000
Funding Amount
$1,750,000
Company Info
Founding Year
2018
Traction
Quibi launched with over 50 original shows and garnered millions of downloads in its first week, although it faced challenges in retaining subscribers.
Organizations Involved
The Walt Disney Company, NBCUniversal, ViacomCBS
Founders
Jeffrey Katzenberg, Meg Whitman
Market
Streaming Services
Location
Los Angeles, California, USA
Coinvestors
The Walt Disney Company, NBCUniversal, ViacomCBS
Company Description

Quibi was a short-form streaming platform designed for mobile devices, offering original content in episodes of 10 minutes or less. It aimed to provide high-quality entertainment tailored for on-the-go viewing.

Links
Website
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