What is Above Average?
Founded in 2012 by Lorne Michaels' Broadway Video, Above Average has established itself as a premier entity in the comedy production sector. The company specializes in the development and execution of high-impact comedy specials and scripted series for major streaming platforms, including Netflix, HBO Max, and Amazon. By leveraging a deep understanding of comedic timing and audience engagement, the firm has produced critically acclaimed content, such as the Emmy-nominated series The Other Two and various stand-up specials featuring top-tier talent. Their operational model bridges the gap between traditional broadcast standards and the agile requirements of modern digital distribution, positioning them as a vital partner for platforms seeking to capture the comedy-enthusiast demographic.
The company's trajectory reflects a sophisticated approach to content creation, where creative development is paired with strategic distribution partnerships. By maintaining a focus on innovative storytelling, Above Average continues to influence the broader entertainment ecosystem, ensuring that their portfolio remains relevant in an increasingly fragmented media market.
How much funding has Above Average raised?
Above Average has raised a total of $15M across 1 funding round:
Private Equity
$15M
Private Equity (2016): $15M with participation from Advance Vixeid Partners, Condé Nast, and Turner Broadcasting
Key Investors in Above Average
Advance Vixeid Partners
An evergreen venture capital firm focused on long-term investments in technology and tech-enabled companies, providing patient capital to disruptive businesses.
Condé Nast
A global media conglomerate with a century-long history of producing influential print, digital, and video content across diverse cultural brands.
Turner Broadcasting
A major media and entertainment entity known for its extensive portfolio of television networks and digital content distribution platforms.
What's next for Above Average?
With the recent capital deployment, Above Average is well-positioned to scale its production capabilities and expand its footprint in the global entertainment market. The strategic investment will likely facilitate the acquisition of new intellectual property and the expansion of their scripted development pipeline. As the demand for premium comedy content continues to rise across streaming services, the firm is expected to leverage its existing relationships with major platforms to secure long-term distribution agreements. Furthermore, the backing from institutional investors provides the necessary runway to experiment with new formats and emerging distribution channels, ensuring that Above Average remains at the forefront of the comedy production industry. The focus will remain on scaling operations while maintaining the high creative standards that have defined their brand since inception.
See full Above Average company page
