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Sageview Capital, Valor Equity Partners and S3 Ventures led a $65m Series D funding round in Atmosphere.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Minority

Private Equity

Acquisition

Single Bidder

Domestic

Completed

Private

United States

Entertainment

streaming platform

Venture Capital

Friendly

Synopsis

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Sageview Capital, a private equity firm, Valor Equity Partners, an investment firm, and S3 Ventures, a venture capital company, led a $65m Series D funding round in Atmosphere, a streaming TV entertainment for businesses company. “With this latest round of funding, Atmosphere will continue accelerating our growth and positioning ourselves as the leading television provider for businesses and venue operators in 2023. We are confident we have built an advertising platform that will reach audiences more effectively than both linear television and AVOD platforms, and are hugely encouraged that our investors are similarly bullish on our future growth,” Leo Resig, Atmosphere Co-Founder and CEO.

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