Quibi (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- April 06, 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
- 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.
- Market
- Streaming Services
- Location
- Los Angeles, California, USA
- Coinvestors
- The Walt Disney Company, NBCUniversal, ViacomCBS