iROKOtv - About the company
iROKOtv is a series E company based in Lagos (Nigeria), founded in 2011 by Jason Njoku and Bastian Gotter. It operates as a Subscription-based on-demand video platform. iROKOtv has raised $27M in funding from investors like CANAL+, Kinnevik and Canalplus Universal. The company has 1915 active competitors, including 78 funded and 77 that have exited. Its top competitors include companies like Netflix, MUBI and STAGE.
Company Details
Subscription-based on-demand video platform. It operates a subscription business model where users can access Nollywood movies via an Android app. It also has content distribution deals with YouTube, Dailymotion, iTunes, Amazon, and Vimeo.
- Website
- irokotv.com
- Social
Key Metrics
Founded Year
2011
Location
Lagos, Nigeria
Stage
Series E
Total Funding
$27M in 3 rounds
Latest Funding Round
Ranked
47th among 1915 active competitors
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iROKOtv's funding and investors
iROKOtv has raised a total funding of $27M over 3 rounds. Its first funding round was on Dec 22, 2013. Its latest funding round was a Series E round on Feb 03, 2016 for $*****. 1 investor participated in its latest round. iROKOtv has 5 institutional investors.
Here is the list of recent funding rounds of iROKOtv:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 03, 2016 | 3265776 | Series E | 8040031 | 1371127 | 4021212 | 9940709 |
Jan 25, 2016 | 4609391 | Series E | 6705020 | 4834368 | 1044354 | 6561258 |
Dec 22, 2013 | 8188297 | Series D | 5923304 | 8904820 | 1622238 |
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iROKOtv's founders and board of directors
Founder? Claim ProfileHere are the details of iROKOtv's key team members:
- Jason Njoku: Co-Founder & CEO of iROKOtv and founder of 1 other company. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Bastian Gotter: Co-Founder of iROKOtv.
View details of iROKOtv's Founder profiles and Board Members
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iROKOtv's Competitors and alternates
Top competitors of iROKOtv include Netflix, MUBI and STAGE. Here is the list of Top 10 competitors of iROKOtv, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Netflix 1997, Los Gatos (United States), Public | Provider of streaming services for TV shows, movies, and documentaries | $80M | 85/100 | |
2nd | MUBI 2007, Palo Alto (United States), Series F | App-based movie streaming platform | $127M | 78/100 | |
3rd | Provider of Indian movies, web series and originals | $23.8M | 77/100 | ||
4th | Hulu 2007, Santa Monica (United States), Acquired | Subscription-based OTT video content streaming platform | $100M | 75/100 | |
5th |  Tubi 2014, San Francisco (United States), Acquired | Provider of on-demand streaming video offering movies and television shows | $26M | 74/100 | |
6th | Subscription-based streaming platform | $2.04B | 74/100 | ||
7th |  Telly 2008, Los Angeles (United States), Series B | Subscription-based VOD streaming platform | $18.6M | 72/100 | |
8th | JioHotstar 2015, Mumbai (India), Acquired | Subscription-based video streaming platform | - | - | 70/100 |
9th | Youku Tudou 2006, Shanghai (China), Acquired | Online video streaming platform | $110M | 70/100 | |
10th | Operator of a video streaming platform providing on-demand entertainment | $410M | 68/100 | ||
47th | Subscription-based on-demand video platform | $27M | 57/100 |
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iROKOtv's Investments and acquisitions
iROKOtv has made no investments or acquisitions yet.
News related to iROKOtv
Filter this list•
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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, BambaTechCrunch+•May 18, 2022•iROKOtv, Tiger Global Management
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Iroko raises 3 million euros from IdinvestFrenchWeb•Feb 18, 2021•LO CAPITAL, hecventures.com, Idinvest Partners, iROKOtv
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Jumia Partners IROKOTV To Offer Free Digital TV Subscription To Prime MembersIndependent•Jun 05, 2020•iROKOtv, Jumia Nigeria
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VoD company IROKO furloughs 28% of Nigerian staff over COVID-19 crisisDisrupt Africa•May 05, 2020•iROKOtv
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Nigerian VoD company IROKO to focus on subscriber growth after ROK acquisitionDisrupt Africa•Jul 31, 2019•CANAL PlusGroup, iROKOtv
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