Sinemia, a movie membership and loyalty club that also operates movie content sites, recently completed its Series A funding round.
500 Startups was the first to participate in this round last November, and this was followed by Revo Capital who led the roughly $1.5M total round this month.
This investment makes us happy for two reasons.
First, it will help Sinemia establish new partnerships to grow in Turkey while also giving it the fuel to test the US market.
Second, this marks our first co-investment with Revo. We welcome the Revo team to the company.
This entry was posted in
Aslanoba company, Content, Ecommerce, Entrepreneurs, Fintech, Mobile, Startups, VC and tagged Funding, Movies, US expansion on . January 26, 2017
Sinemia, a monthly movie membership club where we’re investors, completed its second funding round in August of this year.
Immediately following the round, 500 Startups expressed its interest to invest in Sinemia. Given Sinemia’s plans to grow abroad with an initial focus on the US market, a global fund with a US presence like 500 Startups has the potential to be a great partner for the company.
Sinemia therefore decided to bring 500 Startups onboard and
the small strategic round was announced yesterday. We welcome 500 Startups to the company.
Sinemia’s US expansion is up next.