Mubi, an 18-year-old streaming service specializing in art house and indie films, has secured $100 million in funding led by venture capital firm Sequoia. The investment values Mubi at $1 billion and supports its growth as it expands its offerings, including the recent launch of Mubi Go in Mexico, a premium service allowing subscribers to watch curated films in cinemas. Mubi currently has approximately 20 million registered users worldwide.
Art house streaming service and distributor Mubi raised $100M led by Sequoia at a $1B valuation; Mubi has about 20M registered users worldwide (@grimes_ce / Financial Times) https://t.co/LHyrjl72p9 https://t.co/NvREjU6ksq
Sequoia leads $100m investment in Mubi, an 18-year-old streaming service focused on highbrow titles https://t.co/PE6mOYUobM
Sequoia bets on indie films with $100mn Mubi fundraising https://t.co/WMTnbQqH44