FinTechFunding

Angel Studios: Raises $47M in Funding

Angel Studios Raises $47M in Funding

  • Angel Studios, a Provo, Utah-based streaming platform behind crowdfunded shows, raised $47m in funding
  • The round was led by Gigafund and Uncorrelated Ventures with participation from Alta Ventures and Kickstart Fund
  • In addition to the venture backing, USD$5m of the round was crowdsourced directly from Angel Studios fans
  • The company plans to continue improving its streaming platform, market to new audiences, and develop its content pipeline for 2022 and beyond
  • AngelStudios is a community-driven movie studio that empowers audiences to decide what content gets produced and distributed, while creating communities around each project
  • Creators pitch projects on the platform, and angel investors fund the ones they’re most excited to see (via the Angel Funding Portal)
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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