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New Form Digital

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New Form is developing original series and investing in digital content

Santa Monica, United StatesFounded 2014Consumer Services
Valuation $100–250M Last recorded · 2016
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for New Form Digital and the history behind them.

About New Form Digital

New Form Digital was a digital entertainment studio established in 2014 with backing from notable figures like Ron Howard and Brian Grazer, alongside Discovery Communications. The company was managed by CEO Kathleen Grace, a seasoned creator and executive in the online video space with experience from YouTube and Next New Networks, and COO JC Cangilla. Grace's background as a creator of web series like "The Burg" positioned her to lead a studio focused on empowering emerging filmmakers from platforms like YouTube.

The studio's core business was the development, packaging, and distribution of original, scripted narratives for digital platforms, targeting millennial audiences. New Form's business model centered on producing premium video content by collaborating with digital talent who had established fan bases. The company utilized a data-driven strategy to inform its content decisions, analyzing social stats and engagement rates to identify promising creators and concepts. This approach involved creating short films through an "incubator slate" which served as pilots; successful shorts were then developed into full series for distribution partners. Over its operational years, the studio produced over 30 original series, selling projects to various platforms including TBS, go90, Freeform, and YouTube Red. Notable productions include "Final Space," "Mr. Student Body President," and "Oscar's Hotel for Fantastical Creatures."

The company's journey included securing investments from entities like ITV, which also acquired distribution rights for its content. In a significant milestone, New Form Digital was acquired by Whistle, a global sports and entertainment media brand, in January 2019. The acquisition aimed to combine New Form's scripted content expertise with Whistle's large audience and creator network, allowing for the expansion of successful short-form franchises into long-form intellectual property. Following the acquisition, Kathleen Grace and the creative team were set to continue leading the production and development slate under Whistle's leadership.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2014
Headquarters
Santa Monica, United States
Employees
7
Open positions
None listed
Dealroom signal
35.5/100
Industry
Media
Sub-industry
Content production
Sector
Consumer Services, Digital Entertainment, Entertainment, Content Management, Investing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2019 — — Whistle Sports —
SERIES B✓Equity / VC Dec 2016 $18M $72M Discovery Communications · ITV —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

New Form Digital website traffic

Latest recorded traffic for New Form Digital is 0 monthly website visits. New Form Digital's team declined 36.4% over the past year.

Latest monthly visits0 1-year team growth-36.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Discovery Communications
  • ITV

Other known investors1 additional known investor

  • Whistle Sports
Team profiled 9 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
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about New Form Digital on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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