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Angel Studios, Streaming Platform Behind "The Chosen", Raises $47 Million Investment Led By Gigafund To Give Hollywood A Remake

Jan 05, 2022almost 4 years ago

Amount Raised

$47 Million

ProvoFilm Production

Description

Angel Studios, the streaming platform behind the most successful crowdfunded shows of all time, has raised $47 million to bring control of the entertainment industry back to consumers and creators. The round caps off a major comeback year for cofounders Neal and Jeffrey Harmon, who led Angel Studios to over $100 million in annual revenue just one year after Disney and Warner Bros. tried to shut the studio down in court.

Company Information

Company

Angel

Location

295 W Center St

Provo, Utah, United States

About

Angel is a technology company driven by a large community of grassroots members advocating for values-based stories. They focus on creating original, audience-funded content that resonates with their members. The company has produced successful animated series and films, garnering high approval ratings. Angel aims to inspire and engage its audience through compelling storytelling.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech