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Helios and Matheson Analytics
Helios and Matheson Analytics offers Big Data technology and analytics services, including AI and social chatter analysis. The firm specializes in Banking,...
Helios and Matheson Analytics
Helios and Matheson Analytics offers Big Data technology and analytics services, including AI and social chatter analysis. The firm specializes in Banking, Financial Services and Insurance (BFSI) and provides data visualization. It has one portfolio exit, MovieFone, which was sold on March 25, 2020.
General information
Firm type
Asset Manager
Year founded
2008
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Theodore Farnsworth
Former CEO
Vinit Bharara
Former CFO
Sector focus
Frequently asked questions
What happened to Helios and Matheson Analytics?
The company filed for Chapter 7 bankruptcy in January 2020 after the MoviePass subscription model proved unsustainable. Shareholders lost nearly all value.
Was Helios and Matheson Analytics directly linked to a single family fortune?
No public disclosure ties the firm to a specific family or wealthy individual. The entity operated as a publicly traded analytics firm and later as a media venture.
How did the MoviePass acquisition work?
Helios acquired a majority stake in MoviePass in 2017 and pivoted the firm entirely to the subscription model. It relied on equity offerings and debt to fund the heavy subsidies.
Did Helios and Matheson Analytics have any operating subsidiaries beyond MoviePass?
The firm had owned smaller data analytics assets prior, but MoviePass became its primary focus and only significant operational venture.
What lessons do allocators draw from this case?
The failure underscores risks of unit-economics-blind growth strategies. Allocators often cite it as a cautionary example in venture-stage deployment.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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