Pongalo

company

About

Pongalo creates, acquires, and distributes Latino-focused content to audiences in the US and over 15 countries.

  • 11 - 50

Details

Last Funding Type
Seed
Industries
Content,Digital Media,Mobile Apps
Founded date
Jul 1, 2014
Number Of Employee
11 - 50
Operating Status
Active

Pongalo creates, acquires, and distributes Latino-focused content to audiences in the US and over 15 countries. It controls one of the largest IP libraries of Latino-focused films and TV shows in the world, which includes premium titles from Latin American and U.S. producers, including Hollywood blockbuster films from studios as such as Warner Bros and Sony. The company's 13,000+ hours of film and TV content features global stars such as Guillermo Del Toro and Jennifer Lopez, as well as an expansive collection of works from a new generation of Latino content creators.

The company offers a marketplace of Latin media brands, including its namesake Pongalo for women and kids, and MooviMex featuring Mexican action and comedy movies for men. Its offerings are available everywhere through the company's proprietary methods and platforms, as well as through partnerships with numerous online and offline distributors, such as Amazon, Roku, Softbank/Sprint's Brightstar, and many others.

Pongalo's institutional shareholders include Revolution Studios (Carlyle), Canyon Creek Capital, Digital Bridge, 500 Startups and others, along with high-profile media names, such as Herb Scannell (former Vice Chairman of MTV Networks), Kevin Conroy (President of Digital & New Initiatives at MGM), and Erik Moreno (President of Corporate Development & New Investments at Time Inc.).

The company was formed in 2014 under the name Latin Everywhere, and was later renamed Pongalo.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Pongalo has raised a total of — in funding over 2 rounds. Their latest funding was raised on May 9, 2016 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 9, 2016 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Pongalo is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Seed