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A24 Raises Funding Round Led by Josh Kushner’s Thrive Capital, Valuing Studio at $3.5 Billion
A24 has secured a new round of funding led by Josh Kushner's investment firm Thrive Capital.
In connection with the investment, Kushner will be joining the board of directors for A24, best known for such films as “Civil War,” “Everything Everywhere All at Once,” “Moonlight” and “Uncut Gems,” and TV series “Euphoria,” “Beef,” “Ramy” and “The Sympathizer.” In addition to Thrive Capital’s investment, A24 has also received “increased support” from existing investors who participated in the previous round of funding, per the studio. Founded in New York in 2012 by Daniel Katz, David Fenkel and John Hodges, A24 boasts a catalog of 150 films and 50 TV series and has garnered 16 Oscars, 14 Golden Globes and 18 Emmys.
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