Roku

Roku

Streaming devices and content distribution platform

About Roku

Simplify's Rating
Why Roku is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Entertainment

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$241M

Headquarters

San Jose, California

Founded

2002

Overview

Company Historically Provides H1B Sponsorship

Roku provides a range of products and services in the streaming television market, primarily targeting consumers in the U.S. and Mexico. Its offerings include Roku-branded TVs, streaming players, audio equipment, and a Smart Home system, all powered by a specialized operating system that enhances the home theater experience. Roku also creates original content through its Roku Originals brand, which is available on The Roku Channel, a free streaming service that reaches around 80 million households. The company generates revenue through hardware sales, advertising, and content distribution, distinguishing itself from competitors by combining product sales with ad-supported streaming services.

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Simplify's Take

What believers are saying

  • Partnership with Thema expands Roku's international content offerings.
  • Collaboration with Philips enhances Roku's premium smart TV lineup.
  • Roku's new QLED TV models strengthen its presence in the UK market.

What critics are saying

  • Competition from Amazon and Google threatens Roku's market share.
  • Roku's ad revenue is vulnerable to shifts towards digital platforms.
  • New international content may not engage Roku's core US audience.

What makes Roku unique

  • Roku's proprietary OS offers a seamless and user-friendly streaming experience.
  • Roku Originals provide exclusive content, enhancing The Roku Channel's appeal.
  • Roku's diverse product range includes TVs, streaming players, and audio equipment.

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Funding

Total Funding

$241M

Meets

Industry Average

Funded Over

9 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Unlimited vacation days

Medical, wellness, and financial benefits

Free snacks and access to fitness center at headquarters

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
BroadcastPro
Mar 9th, 2025
Thema brings Asian and Turkish dramas to Roku Channel

Thema, the Canal+ Group-owned content distributor, has partnered with US-based Roku to bring a selection of international drama series to audiences in the US, UK, Mexico and Canada through The Roku Channel.

Latest Nigerian News
Mar 6th, 2025
Roku and Philips unveil premium 65-Inch OLED smart TV

Roku is partnering with Philips for its latest premium smart TV offering.

Pocket-lint
Mar 5th, 2025
Roku and Philips unveil premium 65-Inch OLED smart TV

Roku and Philips unveil premium 65-inch OLED smart TV.

Adweek
Feb 25th, 2025
Roku and Incrmntal Partner to Give Faster Insights on CTV Ad Spend

With that in mind, Roku partnered with Incrmntal to demonstrate the full influence of its self-service, CTV performance solution, Roku Ads Manager, which launched last fall.

Wurl
Feb 11th, 2025
Roku partnered with AdPool to optimize its monetization strategy

Roku partnered with AdPool to optimize its monetization strategy.

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