Tubi is a technology company.
Tubi has raised $26.0M across 2 funding rounds.
Key people at Tubi.
Tubi has raised $26.0M in total across 2 funding rounds.
Key people at Tubi.
Tubi has raised $26.0M in total across 2 funding rounds.
Tubi's investors include 8VC, Activant Capital, Alumni Ventures, Cedar Capital Group, DHVC (Digital Horizon Capital), Founders Fund, Modern Venture Partners, Verified Capital, Alain Hanover, Bessemer Venture Partners, Cota Capital, Eclipse Ventures.
Tubi is a free, ad-supported video-on-demand (AVOD) streaming service offering the world's largest collection of Hollywood movies, TV shows, creator-led stories, and exclusive originals to over 97 million monthly active users.[2][4] Owned by Fox Corporation as part of Tubi Media Group, it provides premium on-demand content—including over 275,000 movies and TV episodes and nearly 400 originals—across devices like smart TVs, mobiles, and web browsers, solving the problem of accessible entertainment without subscription fees.[1][2][3][4] Tubi serves diverse audiences seeking fun, culture-reflective viewing, with massive growth evidenced by 10 billion streaming hours in 2024, fueled by its viewer-first strategy and expanding originals via Stubios.[4]
Tubi was founded in 2014 in San Francisco by Farhad Massoudi (current CEO) and Thomas Ahn Hicks from AdRise, launching as Tubi TV—one of the first AVOD services leveraging data-driven content recommendations.[1][3][5] The idea emerged from bridging Hollywood content with Silicon Valley tech, raising $20 million in 2017 from investors like Jump Capital, Danhua Capital, Cota Capital, and Foundation Capital.[3][5] Early traction built quickly: by June 2019, it hit 20 million monthly users and 132 million streamed hours; content spending nearly doubled to $100 million that year, with deals like NBCUniversal adding 400 titles.[3] Pivotal moments included Fox Corporation's $440 million acquisition in March 2020, integration of Fox programming, and 2021 originals production; by 2023, it formed Tubi Media Group with assets like Credible Labs.[1][3][6]
Tubi rides the FAST (Free Ad-Supported Streaming TV) trend, capitalizing on cord-cutting and subscription fatigue by offering premium content for free, disrupting paid SVOD giants like Netflix.[1][5] Timing aligns with post-2020 streaming wars, where AVOD's low barrier drove 97 million MAUs and 10 billion hours in 2024, as audiences prioritize accessible, culturally resonant entertainment.[4] Market forces like rising ad spend on CTV (e.g., via platforms like Simulmedia) and content partnerships (NBCUniversal, Warner Bros.) favor Tubi, while Fox backing amplifies scale.[1][3] It influences the ecosystem by normalizing AVOD, boosting creator economies through Stubios, and proving free models can rival paid services in engagement and library size.[2][4]
Tubi's trajectory points to continued dominance in free streaming, with CEO Anjali Sud emphasizing viewer obsession to hit new MAU and hours milestones amid AVOD's rise.[4] Trends like fan-driven content, CTV ad growth, and AI personalization will shape it, potentially expanding globals and originals to challenge TikTok/YouTube in short-form. As Fox's digital arm, its influence could evolve into a full ecosystem player, blending linear TV with streaming—reinforcing that free, fandom-focused access redefines entertainment scale from its 2014 AVOD pioneer roots.[2][4][6]
Tubi has raised $26.0M across 2 funding rounds. Most recently, it raised $20.0M Series B in May 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2016 | $20.0M Series B | 8VC, Activant Capital, Alumni Ventures, Cedar Capital Group, DHVC (Digital Horizon Capital), Founders Fund, Modern Venture Partners, Verified Capital, Alain Hanover | |
| Nov 1, 2015 | $6.0M Series B | Bessemer Venture Partners, Cota Capital, Eclipse Ventures, Longitude Capital, Maveron, Mayfield, New Enterprise Associates (NEA), Peterson Ventures, Pivotal bioVenture Partners, Scale Asia Ventures, The Valley Fund, Think + Ventures |
