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Nemo TV

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Subscription video on-demand and live streaming platform

Riga, LatviaFounded 2011eCommerce & Marketplaces
Valuation $25–50M Last recorded · 2014
Total funding $10–50M Disclosed equity funding
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About Nemo TV

Nemo TV was an over-the-top (OTT) video service that operated from 2012 to 2017, providing television, video-on-demand (VOD) for films and series, and live broadcasts. Founded in 2011 by Pavel K and Dmitry Mineev and based in Moscow, Russia, the service was available in 11 countries, including Russia and other CIS nations. The platform operated on a paid subscription model, offering users a 7-day free trial.

The service launched for users on March 1, 2014, via an application on Samsung Smart TVs, and later became available for LG Smart TVs, Android, and iOS devices. Nemo TV provided features such as Catch-up TV (Archiving), nPVR (recording), pause, and rewind. A single account supported up to five devices (Multiscreen), with simultaneous viewing on two devices (Multiroom). In April 2014, the company released its own multimedia set-top box, the Nemo Box HD. The platform was recognized as the best in the "Comprehensive Services" category at the "Big Digit 2015" national awards.

In September 2016, the founders sold 100% of the company to the Kazakhstani shareholders of the satellite television operator Caspio HD for an undisclosed amount. The acquisition was aimed at helping Caspio HD expand into Russian-speaking markets. However, in the fall of 2017, the service ceased operations by the decision of its new Kazakhstani owners. The company is now considered deadpooled.

Source: Dealroom company data

At a glance

Founded
2011
Headquarters
Riga, Latvia
Sector
eCommerce & Marketplaces
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇱🇻 Latvia · Riga HQ
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Market sentiment

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