BACKGROUND: Narya and Peter Thiel Lead Investment in Rumble

TORONTO, May 19, 2021 – Rumble, a video platform focused on helping millions of creators manage, distribute, and monetize their video content, welcomed the investment of Narya Capital, Peter Thiel and
Colt Ventures. 
 
“We couldn’t be more excited to welcome aboard investors that are aligned with our long-term vision. This investment is evidence that the market really desires competition and freedom of choice. These funds will help us launch our new cloud services, enhance our video platform, and help create the rails for a new economy that is desperately needed” said Rumble CEO Chris Pavlovski. 
 
In the past year, Rumble’s monthly viewership has grown from 1.6 million users per month to an average of 31 million per month in the first quarter of 2021 – an increase of more than 1,800%. This growth reflects the increasingly strong market recognition by both users and creators of Rumble’s differentiated value proposition. The investment will add considerable strength to Rumble’s ability to build upon this success. 

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