What is Telly?
Telly is a pioneering consumer technology company that introduces the first dual-screen smart television, designed to be a free upgrade for the modern living room. Founded by the visionary behind Pluto TV, the company aims to eliminate the cost barrier for high-quality home entertainment. By integrating a secondary screen for real-time information and advertising, Telly creates a sustainable revenue stream that allows the primary television hardware to be provided at no cost to the consumer. This disruptive approach places Telly at the intersection of hardware manufacturing, digital advertising, and streaming media, effectively challenging legacy television manufacturers and traditional cable providers.
How much funding has Telly raised?
Telly has raised a total of $17.1M across 3 funding rounds:
Series A
$6.5M
Series B
$7.4M
Series C
$3.2M
Series A (2011): $6.5M with participation from Azure Capital Partners and Threshold
Series B (2013): $7.4M led by Azure Capital Partners, Wavemaker Partners, Lumia Capital, Draper Fisher Jurvetson, and Felicis Ventures
Series C (2015): $3.2M, investors not publicly disclosed
Key Investors in Telly
Azure Capital Partners
Azure Capital Partners is an investment firm that focuses on post-seed and early-stage companies at pivotal growth points, specializing in transformative technologies.
Wavemaker Partners
Wavemaker Ventures is a leading venture capital firm specializing in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors.
Lumia Capital
Lumia Capital is an internationalization platform that supports product-driven businesses with global applicability, focusing on mobile technologies and business cloud applications.
What's next for Telly?
With the support of its latest funding round, Telly is poised to accelerate its market penetration and refine its advertising-supported hardware model. The strategic focus will likely shift toward scaling manufacturing operations to meet consumer demand while simultaneously expanding its data-driven advertising platform. As the company matures, the emphasis will remain on optimizing the dual-screen user experience to ensure high engagement metrics, which are critical for maintaining the viability of its free-to-consumer business model. Future growth will depend on the company's ability to scale its user base while maintaining the delicate balance between hardware accessibility and advertising inventory value.
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