Vizio

Irvine, CA, United States Consumer Electronics Public

Vizio is an American consumer electronics company that designs and sells smart TVs, sound bars, and other home entertainment devices, and operates the SmartCast connected-TV operating system that powers an advertising and data platform. Founded in 2002 by William Wang (originally as V Inc., renamed Vizio in 2004), the Irvine, California-based company grew into one of the top-selling TV brands in the United States by competing on price and value. Vizio went public on the NYSE under the ticker VZIO in March 2021, raising roughly $257 million in its IPO. In February 2024, Walmart announced an agreement to acquire Vizio for approximately $2.3 billion in cash, and the transaction closed on December 3, 2024, with Vizio becoming a wholly owned subsidiary of Walmart and its Class A common stock delisted from the NYSE. Walmart has positioned the acquisition as a way to scale its Walmart Connect retail-media and advertising business via Vizio's SmartCast platform.

Public Company

Vizio is publicly traded

IPO'd on March 25, 2021

VZIO NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under VZIO.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2002

Employees

800–1,000

Total Funding

$70.58M

3 rounds

Last Private Valuation

$0.81B

March 1, 2018

Funding

Total raised $70.58M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Strategic (Foxconn group)

Date

March 1, 2018

Amount

$69.98M

Valuation

$0.81B

Lead Investors

Hon Hai, Innolux
DateRoundAmount RaisedValuationLead Investors
March 1, 2018 Strategic (Foxconn group) $69.98M $0.81B Hon Hai, Innolux
January 1, 2010 Strategic (Amtran / Hon Hai / others) Not disclosed Amtran Technology
October 1, 2002 Founding capital $600K Founders

Leadership

  • William Wang

    Co-Founder, Chairman & Chief Executive Officer

  • Ben Wong

    President & Chief Operating Officer

  • Adam Townsend

    Chief Financial Officer

  • Mike O'Donnell

    Chief Revenue & Strategic Growth Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Samsung Electronics

    Global market leader in smart TVs and the dominant brand in the U.S. premium and mid-tier TV segments; primary competitor to Vizio in the U.S. TV market.

  • LG Electronics

    South Korean consumer-electronics giant and a top global TV brand, especially in OLED, competing directly with Vizio in premium and mid-tier TVs.

  • TCL

    Chinese TV manufacturer that has overtaken Vizio in much of the U.S. value/budget TV segment, often bundling Google TV or Roku OS.

  • Hisense

    Chinese consumer-electronics maker and a leading value-tier TV brand globally, directly competing with Vizio on price and feature-for-dollar value.

  • Roku

    Streaming-platform and Roku-branded TV maker; its operating system competes with Vizio's SmartCast for connected-TV viewer time and advertising dollars.

  • Sony

    Japanese electronics company whose Bravia TV line competes with Vizio at the premium end of the U.S. TV market.

Vizio Investment FAQ

Vizio FAQ

Yes, Vizio is publicly traded under the ticker symbol VZIO on the NYSE. The company went public in March 25, 2021.

Vizio trades under the ticker symbol VZIO on the NYSE. It began trading in March 25, 2021.

Vizio (VZIO on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker VZIO to place an order.

Vizio went public in March 25, 2021 via ipo, with an offering valuation of approximately $0.81B. Vizio completed its IPO on the NYSE on March 25, 2021 at $21.00 per share, raising about $257M at an implied ~$3.9B valuation. Walmart announced an agreement to acquire Vizio on February 20, 2024 at $11.50 per share in cash (approximately $2.3B fully diluted equity value), and the transaction closed on December 3, 2024. Vizio is now a wholly owned subsidiary of Walmart and its Class A common stock has been delisted from the NYSE.

Vizio raised $70.58M across 3 disclosed funding rounds prior to its public listing.

Vizio was founded by William Wang in 2002.

Vizio is headquartered in Irvine, CA, United States.

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