What is New Form Digital?
New Form Digital operates within the entertainment and event community sector, focusing on providing a platform for engagement and rewards. The company's offerings include weekly prize events, exclusive promotions, and member activity highlights, emphasizing transparency and trust. Members can participate and receive information through various channels, including Telegram and Facebook, to enhance their experience and access opportunities for winning e-wallet balances, merchandise, and grand prizes. The core of its business model appears to be centered around community building and interactive digital experiences.
How much funding has New Form Digital raised?
New Form Digital has raised a total of $36M across 2 funding rounds:
Series A
$18M
Series B
$18M
Series A (2014): $18M with participation from Discovery
Series B (2016): $18M led by ITV and Discovery Communications
Key Investors in New Form Digital
ITV
ITV, founded in 1955, is a prominent broadcast media company based in London, United Kingdom, known for its television networks and content production.
Discovery Communications
Discovery Inc., established in 1985, is a major mass media company headquartered in Silver Spring, MD, operating a portfolio of factual television networks including HGTV and TLC.
Discovery
Discovery is a significant player in the media landscape, with its corporate domain suggesting a focus on strategic investments and partnerships within the content and broadcasting industry.
What's next for New Form Digital?
With the recent major strategic investment, New Form Digital is poised for accelerated growth and enhanced service offerings. The capital infusion is expected to fuel further development of its platform, expand its reach to a broader audience, and potentially introduce new features or event types. This strategic backing suggests a focus on solidifying its market position and leveraging its community-driven model for sustained expansion. Future initiatives will likely concentrate on deepening member engagement and reinforcing the platform's reputation for transparency and rewarding participation.
See full New Form Digital company page
