A24 Raises $100M in Funding Round Led by Josh Kushner's Thrive Capital, Valued at $3.5 Billion, Up 40%

Jun 26, 2024, 11:25 AM

A24, the Oscar-winning independent film studio, has successfully raised a new round of funding led by Josh Kushner’s Thrive Capital. This latest investment values the company at $3.5 billion, marking a 40% increase from its previous valuation. The funding round, which secured $100 million, also sees Josh Kushner joining A24's board of directors. Thrive Capital's involvement signifies a significant vote of confidence in A24, known for its edgy and creative output. This new valuation is up 40% from its first fundraising in 2022.