The Venture Codex Logo

The Venture Codex

HOLYWATER

Kyrylivska St, Kyiv, Kyiv City, 02000, Ukraine

Overview

HOLYWATER builds and operates a suite of mobile-first content platforms, including My Drama for vertical video series, My Passion for digital books, My Muse for AI-assisted streaming, and Freebits, an ad-supported vertical streaming service. Together these products reach more than 85 million users worldwide and position the company as a category leader in the $11 billion global microdrama market. My Drama was voted “Best Streaming Service” People’s Voice at the 2025 Webby Awards and roughly doubled its revenue in 2025, mirroring the company’s overall ~2× annual revenue growth achieved with high capital efficiency. HOLYWATER’s data-driven user-acquisition model and AI-first production approach allow it to produce studio-quality short-form series on budgets of roughly $150-300 K with 8-10-day cycles, enabling rapid content iteration. The company has been recognized on Sifted’s 2025 list of Europe’s fastest-growing startups, backed by the Financial Times. With fresh capital, HOLYWATER plans to deepen its IP incubation engine, add AI-enabled comics and anime, and pursue its vision of becoming the mobile-first ‘Netflix’ for vertical streaming. Financially, the firm just secured a $22 million round and previously attracted strategic investment from Fox Entertainment in October 2025.

Total raised
$22M
Funding rounds
2
Latest round
Equity
Latest activity
Jan 2026

Industries

  • Books
  • Film Production
  • Media and Entertainment
  • Mobile Apps
  • Publishing
  • Video
Visit website

Recent funding

  1. Equity

    Jan 2026

    $22M

Team