Philo-Statistics-and-Facts

Philo Statistics and Facts

Philo, Inc.

Online Video and Streaming Site

  • Company

    Private

  • CEO

    Andrew McCollum

  • CFO

    Julianna Hayes

  • CMO

    Nii Mantse Addy

  • CCO

    Adam Salwasser

  • Industry

    Pay television

  • Founded

    2010

  • Founders

    Tuan Ho, Nick Krasney

  • Headquarters

    San Francisco, California, United States

  • Number of Employees

    100

  • Revenue

    USD $450 million

  • Users

    1.3 million (2024)

  • Key Competitors

    Sling TV, Frndly TV, etc.

  • Geographical Presence

    US

  • Investors

    AMC Networks, Discovery Communications, ViacomCBS, New Enterprise Associates, and Felicis Ventures.

  • Website

    www.philo.com

Philo EmployeeIntroduction

Philo Statistics: Philo is a privately held, venture-capital funded streaming enterprise that was established in 2010 (originally as Tivli) and is headquartered in San Francisco, California. It is recognised for its “TV-everywhere” streaming platform, which provides a selection of live and on-demand channels without the need for conventional cable agreements. In 2024, Philo revealed that it had reached 1.3 million subscribers, generated $450 million in annual revenue, and anticipated achieving profitability for the first time that year.

The company boasts a robust supply chain and offers a range of services, including live streaming access to cable and broadcast channels specifically for university students. This service allows students to view live news, prime-time television, entertainment, and sports programming on their computers or smartphones. Notable investors in the company include HBO, Mark Cuban, and Andrew McCollum, co-founder of Facebook.

Editor’s Choice

  • Philo was initially established in 2010 under the name Tivli by Nicholas Krasney and Tuan Ho at Harvard University.
  • Philo TV has signed an office lease for 8,100 square feet in Downtown Brooklyn.
  • Philo has successfully secured a total of $81.1 million in funding across 7 rounds. The most recent funding round was a Series C round held on July 5, 2018, amounting to $40 million.
  • As of 2024, Philo has a total of 100 employees working in the company.
  • In March 2024, Dish announced a collaboration with Philo to provide advertisers with access to Philo’s inventory.

Historical Facts

  • Philo was initially established in 2010 under the name Tivli by Nicholas Krasney and Tuan Ho at Harvard University.
  • At its inception, the initiative aimed to deliver a streaming television service to students residing on the Harvard University campus.
  • Upon its debut in 2011, a quarter of the resident student population at Harvard registered for the service within the initial weeks of its launch.
  • In 2011, Tivli became the first company to join the Harvard Innovation Lab as a resident, eventually relocating to its own office in Harvard Square in 2013.
  • In 2012, Christopher Thorpe took on the role of CEO to develop Philo’s original IPTV service for universities.
  • In 2013, Philo formed a strategic alliance with HBO to offer the HBO GO service to educational institutions.
  • In July 2013, the company secured $6.3 million in funding, led by Patrick Chung from the venture capital firm New Enterprise Associates.
  • In 2014, Andrew McCollum, a co-founder of Facebook, replaced Christopher Thorpe as CEO to broaden Philo’s scope beyond university IPTV services and to introduce a direct-to-consumer over-the-top streaming service named Philo.
  • In June 2015, Philo raised $10 million in a Series B funding round, led by New Enterprise Associates, with additional investments from HBO, CBC New Media Group, Rho Ventures, Xfund, and Andrew McCollum.
  • Philo formally introduced its over-the-top streaming television service in the United States on November 14, 2017.
  • In October 2018, Philo expanded its offerings by adding the Hallmark Channel along with its sister channels, Hallmark Drama and Hallmark Movies & Mysteries.
  • On March 29, 2021, T-Mobile announced a collaboration with Philo to provide a discount on the service when bundled with its wireless plans.

General Philo Statistics and Facts

  • Philo TV has signed an office lease for 8,100 square feet in Downtown Brooklyn.
  • Streaming service Philo occupies 8,000 square feet at One Willoughby Square.
  • Magnolia Pictures collaborates with Philo.
  • Philo updates its brand message, focusing on simplicity.
  • Philo announces a revenue of $450 million, acquires Row8, and hires an executive from Tubi.
  • Philo is now available on LG TVs.
  • Philo improves its free TV offerings by adding six new channels, including Lionsgate and QVC.

General Philo Statistics and Facts

Philo Funding & Investors Statistics

  • Philo has successfully secured a total of $81.1 million in funding across 7 rounds. The most recent funding round was a Series C round held on July 5, 2018, amounting to $40 million.
  • In this latest round, 7 investors took part, with AMC Networks, Discovery Communications, and ViacomCBS leading the investment.
  • Philo boasts 17 institutional investors, which include New Enterprise Associates, Discovery Communications, and Felicis Ventures. Additionally, Andrew Mccollum is recognized as the sole Angel Investor in Philo.

Philo Funding by Year

Statistics of Philo Employee

  • On December 22, Philo employs 102 individuals. This total represents an increase of 26.0% compared to the employee count in December 21.
  • As of 2024, Philo has a total of 100 employees working in the company.

Philo Employee Statistics

Philo Fun Facts

  • Philo does not provide sports channels.
  • It offers over 50 channels for only $20 per month.
  • As of January 2018, Philo, Inc. has around 50,000 subscribers.
  • The company and its service are named after Philo T. Farnsworth, the pioneer of electronic television.

Recent Developments

  • In February 2022, Philo entered into a partnership with the entertainment company Kin to deliver over 65 hours of programming on its platforms, while also producing Philo’s initial original series, Boss Moves with Rasheeda.
  • In May 2023, Philo extended its “free TV” offerings by introducing nine new channels: Drag Race Universe, the Bob Ross Channel, Cowboy Way, Comedy Dynamics, Outside TV, FailArmy, People are Awesome, Screambox, and the Pet Collective.
  • In March 2024, Dish announced a collaboration with Philo to provide advertisers with access to Philo’s inventory.
  • On June 25, 2024, Philo incorporated MeTV Toons into its channel lineup alongside the channel’s debut.
  • In February 2025, Philo reported that it had reached 1.3 million paid subscribers, representing a 20% increase compared to 2023.

Conclusion

Philo is a streaming platform that has shown positive growth, as demonstrated by its 1.3 million paid subscribers at the beginning of 2025 and a 20% rise in paid subscribers compared to the prior year. By the conclusion of 2024, the company reported revenues of $450 million and anticipates achieving profitability in 2025. Reflecting robust financial performance and market presence. In summary, Philo is a developing streaming service with improving financials that has effectively broadened its operations to encompass both its primary subscription model and a newer free, ad-supported option.

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