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Plex

Movie & TV streaming platform

Plex logo
101-200 employees
  • B2C
  • Digital Media
  • Media
Los Gatos, CA

Company mission

Plex is on a 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.

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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 recently 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.

Plex has been profitable since 2014, five years after the company’s launch, but after the last funding injection led by existing investor Intercap, the aim is now to scale at large. Indeed, it’s this funding which led to the roll out of its all-streaming-in-one interface.

The fact that Plex is the first streaming company to do this serves as quite an advantage, as it may not be long until others follow suit. The rollout hasn’t been without its complaints about user experience however, but if the company can smooth out these issues as it scales, a period of significant growth could be around the corner.

Kirsty headshot

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)

Company values

  • Be kind, humble and helpful
  • View challenges with creativity, and flexibility
  • Put yourself on the customer's couch
  • Be a good steward and own it
  • Build relationships to ensure healthy debate
  • Foster a global and diverse team spirit
  • Show gratitude and give back
  • Seek balance for yourself and Plex

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

Co-founded Plex in 2009 after spells as Director of Engineering at Nx Networks, Engineering Manager at Aravox Technologies, and VP of Technology at MusicStream.

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.