Plex
Movie & TV streaming platform
- 101-200 employees
- B2C
- Digital Media
- Media
- Los Gatos, CA
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Company mission
To create a global community for streaming content that people can depend on to easily discover, experience, and share all of the entertainment that matters to them.
49% employee growth in 12 months
Our take
As well as offering its own deep library of movies, series, and live TV channels, Plex has stepped up its product by turning into a single interface for all paid subscription services. If a user subscribes to Netflix, Apple TV, and Amazon Fire for example, they can search and access all these in one place.
Given the competition in the subscription streaming services market, as well as the common user pain points such as time waste while searching, this so-called “Discover” feature is seeing the company’s popularity soar. The fact that Plex is the first streaming company to do this serves as quite an advantage, but it may not be long until others follow suit.
Plex has been profitable since 2014, five years after the company’s launch, and has invested more recent funding into mass scaling. The rollout hasn’t been without its UX complaints, but if the company can smooth out these issues as it scales, it could enjoy a period of even more significant growth.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Stock options
- Plex for the Planet community service opportunities
- Monthly wellness stipend
- Hardware stipend
- Flexible paid time off
- Paid parental leave
- Flextime, work from anywhere
- Comprehensive health insurance (medical/dental/vision) (US employees)
- 401k (US employees)
Funding (last 2 of 5 rounds)
Jan 2024
$40m
SERIES C
Feb 2022
$20m
LATE VC
Total funding: $86m
This company has top investors
Leadership
Scott Olechowski
(CPO & Co-founder)Was a co-founding advisor at plex before becoming Chief Product Officer in 2013. Served as a Manager of Business Development at both Cisco and PostX prior to this.
Keith Valory
(President & CEO)Has been in their position since 2013. Prior experience includes COO with the founding team of Bracket Computing, and 4 years in Security at CISCO.