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A24, the Oscar-winning independent film studio, has successfully raised a new round of funding led by Josh Kushner’s Thrive Capital. This latest investment values the company at $3.5 billion, marking a 40% increase from its previous valuation. The funding round, which secured $100 million, also sees Josh Kushner joining A24's board of directors. Thrive Capital's involvement signifies a significant vote of confidence in A24, known for its edgy and creative output. This new valuation is up 40% from its first fundraising in 2022.
Daniel Katz, a24’s ceo, is one of the best people I’ve met in the last few years. Amazing person and builder. A24 worth exploring as a business, and for all its creative output. Very interesting investment by Thrive! https://t.co/yZu2opK0e4
New: Thrive Capital invests in film studio A24. Josh Kushner is joining the board. https://t.co/rxBHMXuzw2
A24, the Oscar-winning indie studio that has become an edgy brand name unto itself, is getting a big vote of confidence — and an influx of cash. https://t.co/SEDKSSAHjQ
