Ozy Media is a daily digital magazine founded by Carlos Watson and Samir Rao in 2013. The company produces festivals, podcasts and digital shows and last year launched an in-house production arm called Ozy Studios to create TV shows and podcasts. Ozy reports around 50 million monthly visitors across its platforms. Management has used festivals, podcasts and digital programming to ramp up the brand while other digital media firms consolidate. Company plans include producing more and different TV shows, bringing Ozy Fest to additional cities, and launching more podcasts. Including the recent financing, Ozy has raised over $70 million to date. OZY Media is a daily online magazine that discovers and reports on politics, culture, sports, food and technology and organizes live events. Founded in 2013 and based in Mountain View, CA, the company has recently expanded its editorial product and email newsletters. Its newsletters deliver global coverage to over 2 million people worldwide. The company intends to use the newly raised funds to continue to create experiences and to expand its video team. Financially, OZY raised $10m in the reported round and has raised $35m in total to date. The company’s backers include corporate investors and prominent angels named in the filing. Ozy is a news and culture website that publishes news and cultural content. The company describes its approach as presenting news "in a completely different way." Its stated mission is to "vault you ahead" so readers see more of the dynamic, inspiring, diverse world. The article reports that Ozy received a $20 million investment from Axel Springer. No operating metrics, valuation, or detailed future plans are provided in the article.

Total raised

$65M

Funding rounds

3

Latest round

Series C

Latest activity

Nov 2019