What is Living Scriptures?
Founded in 1974 in Ogden, Utah, Living Scriptures, Inc. (LSI) began by offering audio cassette dramatizations. The founders, Jared F. Brown and Seldon O. Young, later pioneered telemarketing technology with NICE Corporation, which was sold to Cincinnati Bell in 1988. The proceeds from this sale funded the development of 'Animated Stories from the Bible'.
In 2017, Living Scriptures transitioned to a streaming model, launching a service available on 14 platforms, including major players like Roku and AppleTV. The platform hosts a curated library of over 5,000 family-friendly films and shows, complementing its existing evergreen content.
How much funding has Living Scriptures raised?
Living Scriptures has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Living Scriptures
PPP
Public-Private Partnership
What's next for Living Scriptures?
The substantial backing, characterized as large-scale late-stage funding and a major strategic investment, positions Living Scriptures for accelerated growth and market expansion. This capital is likely to fuel further development of its streaming platform, enhance its content acquisition and production capabilities, and broaden its marketing reach to capture a larger share of the family entertainment market.
Given the company's history of technological innovation and its successful transition to streaming, this latest round of financing suggests a strategic focus on scaling operations, potentially exploring new distribution channels, and solidifying its brand as a premier provider of family-friendly digital content. The company's trajectory indicates a strong commitment to adapting to evolving consumer media habits.
