About Plex
Plex is a company based in Los Gatos (United States) founded in 2009 by Elan Feingold and Scott Olechowski.. Plex has raised $131.78 million across 8 funding rounds from investors including Kleiner Perkins, Intercap and Accelerator Centre. Plex has completed 1 acquisition, including Watchup. Plex offers products and services including Plex Streaming App, Plex Media Server, and Plexamp. Plex operates in a competitive market with competitors including Pluto TV, Digicel Group, Molotov, ProSiebenSat.1 Media and Frndly TV, among others.
- Headquarter Los Gatos, United States
- Founders Elan Feingold, Scott Olechowski
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Plex,Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$131.78 M (USD)
in 8 rounds
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Latest Funding Round
$40 M (USD), Series C
Jan 17, 2024
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Investors
Kleiner Perkins
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Plex
Plex offers a comprehensive portfolio of products and services, including Plex Streaming App, Plex Media Server, and Plexamp. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for accessing free movies, TV shows, and live TV content.
Software to organize and stream personal media collections.
Application designed for high-quality music playback and management.
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Funding Insights of Plex
Plex has successfully raised a total of $131.78M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $40.0M
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First Round
First Round
(30 Jun 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series C - Plex | Valuation | Intercap , Kleiner Perkins |
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| Jan, 2022 | Amount | Series C - Plex | Valuation |
investors |
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| Mar, 2021 | Amount | Series C - Plex | Valuation | Intercap |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plex
Plex has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, Intercap and Accelerator Centre. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on investing in impact startups
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Startups are built and accelerated in a structured studio environment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plex
Plex has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Watchup. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personalized video newsreels are built from trusted media sources.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Plex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plex Comparisons
Competitors of Plex
Plex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pluto TV, Digicel Group, Molotov, ProSiebenSat.1 Media and Frndly TV, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ad-supported live and on-demand video streaming is provided.
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| domain | founded_year | HQ Location |
Telecommunication services are provided by Digicel Group.
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| domain | founded_year | HQ Location |
VOD platform for streaming live content, TV series, and movies
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| domain | founded_year | HQ Location |
Online platform offering to stream live TV
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| domain | founded_year | HQ Location |
IPTV solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plex
Frequently Asked Questions about Plex
When was Plex founded?
Plex was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Plex located?
Plex is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.
Who is the current CEO of Plex?
Keith Valory is the current CEO of Plex.
Is Plex a funded company?
Plex is a funded company, having raised a total of $131.78M across 8 funding rounds to date. The company's 1st funding round was a Series C of $60.65M, raised on Jun 30, 2010.
What does Plex do?
Plex was founded in 2009 and is headquartered in Los Gatos, United States. Operations focus on the streaming media sector, where ad-supported virtual MVPD services are delivered. Live TV channels, movies, and shows are made available to users, with access facilitated through Android and iOS applications. Content distribution emphasizes digital platforms for broad reach.
Who are the top competitors of Plex?
Plex's top competitors include Pluto TV, Digicel Group and Molotov.
What products or services does Plex offer?
Plex offers Plex Streaming App, Plex Media Server, and Plexamp.
How many acquisitions has Plex made?
Plex has made 1 acquisition, including Watchup.
Who are Plex's investors?
Plex has 4 investors. Key investors include Kleiner Perkins, Intercap, Accelerator Centre, and Klass Capital.
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