
NextUp, the stand up comedy online video on demand platform that launched at the end of 2016, has announced its completion of a new investment round, securing an additional £230,000 of capital.
In addition to the company’s current investors Technologies SAS and Matthew Emerson investing further during the 2ndround, NextUp have also brought multi-sector, multi-fund venture capitalist firm Velocity on board - and Velocity's creative director, Bil Bungay (founder of top advertising agency BMB), will take a seat at the NextUp Board.
NextUp has also announced their first major distribution arrangement – an agreement with Virgin Atlantic who will be featuring NextUp originals as part of their airline entertainment offer. In line with NextUp's ethos to discover great new talent, Virgin Atlantic have chosen to initially showcase Brennan Reece, Tom Ward and Colin Hoult (as Anna Mann) with more titles to come later this year.
The platform is also expanding their catalogue of original content, having filmed six new specials in the last month. Most notably they will be releasing TV favourite Hal Cruttenden's show, 'Straight Outta Cruttenden' in August - which the company recently filmed at the Leicester Square Theatre.
NextUp is currently scouting talent at the Edinburgh Fringe in August and this will be followed by one more investment round later this year.
Since launching last November NextUp has filmed 28 original shows, and releases a new special every week. The company has garnered a 5 star average rating in both Android and Apple App stores, and has generated an ever-growing loyal membership of comedy fans.
The current line-up of available shows includes performances from:
Tony Law
Lou Sanders
Richard Herring
Alfie Brown
Simon Munnery
Lloyd Langford
Brendon Burns
Tim Renkow
Pat Cahill
Fern Brady
Ben Target
John Hastings
Danielle Ward
Sean Hughes
Marcel Lucont