How Much Did netflix Raise? Funding & Key Investors

Date August 22, 2025
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netflix

COMPANY INFO

Netflix, Inc. is an American media and entertainment company founded on August 29, 1997, by Reed Hastings and Marc Randolph. It has approximately 14,000 employees as of 2024 and is headquartered in Los Gatos, California. Netflix operates a subscription-based streaming service offering a wide variety of TV shows, movies, documentaries, and original content globally. Its official website is www.netflix.com, and it is a leading company in the media and entertainment industry. (Wikipedia, Britannica, StockAnalysis, Crunchbase)

How Much Did Netflix, Inc. Raise? Funding & Rounds and Investors

Netflix, Inc. is a pioneering American media and entertainment company founded in 1997 by Reed Hastings and Marc Randolph. Headquartered in Los Gatos, California, Netflix employs approximately 14,000 people as of 2024. The company operates a global subscription-based streaming service, offering a vast library of TV series, movies, documentaries, and acclaimed original content in the media and entertainment industry.

Netflix, Inc. funding history is characterized by a series of early-stage venture capital investments followed by significant post-IPO debt raises that fueled its global content and technology expansion. Since its founding, Netflix has raised roughly $5 billion across 12 funding rounds, including several pivotal Series A-E rounds and extensive post-IPO debt funding. Key funding milestones supported Netflix’s early market expansion, major technology upgrades, and global content creation ambitions. The company’s funding strategy demonstrates a shift from equity fundraising in its startup phase to large-scale debt financing following its IPO, supporting aggressive international growth and original content acquisition.

Funding Rounds

Post-IPO Debt - $1,600,000,000 - October 23, 2017

This record post-IPO debt round was used primarily for global content creation and expansion, funding Netflix’s push into producing original series and films for a growing international audience.

Post-IPO Debt - $400,000,000 - February 4, 2014

Raised to invest in technology, expand international operations, and fund content acquisition as Netflix scaled beyond North America.

Post-IPO Debt - $500,000,000 - January 29, 2013

Allocated for further content acquisition and accelerating Netflix’s international expansion plans.

Post-IPO Debt - $200,000,000 - November 21, 2011

Secured to support operational expansion and infrastructure investment following the company’s IPO.

Series E - $50,025,952 - April 17, 2000

This late-stage venture capital round funded by Technology Crossover Ventures, Institutional Venture Partners, and Foundation Capital was critical for business expansion at the turn of the millennium.

Series D - $30,318,000 - July 7, 1999

A major growth round for scaling operations, led by Technology Crossover Ventures, Foundation Capital, and Groupe Arnault.

Series C - $15,150,000 - February 1, 1999

This funding supported further market expansion, technology development, and early content acquisition.

Series B - $6,000,000 - June 1, 1998

Supported by WS Investments and Institutional Venture Partners to scale operations and bolster early market development.

Series A (additional) - $250,000 - March 1, 1998

Additional seed funding aimed at further product development.

Series A - $1,992,000 - October 1, 1997

Initial seed funding secured for the company’s launch and foundational development.

Key Investors

T. Rowe Price

T. Rowe Price is a well-known global asset management firm. Their participation in Netflix, Inc. funding rounds, particularly in the post-IPO phase, marked a vote of confidence from institutional investors and facilitated large-scale capital raises for growth.

TCV (Technology Crossover Ventures)

TCV has been an active partner in multiple Netflix funding rounds, from late-stage venture capital to significant post-IPO debt funding, supporting the company’s scaling, technology development, and later, content acquisition.

Foundation Capital

A key investor during Netflix’s formative years, Foundation Capital contributed to major early-stage rounds, empowering the company’s product and business development.

Group Arnault

Group Arnault, part of the luxury conglomerate LVMH, invested in Netflix’s Series D round, supporting its initial major scaling phase.

William Ackman

Noted investor and hedge fund manager William Ackman has played a role as an institutional backer, signaling long-term faith in Netflix’s growth trajectory through his considerable investments in the company.

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