What is Videoly?
Founded in 2014 and headquartered in Helsinki, Finland, Videoly specializes in delivering automatically connected product videos for online retailers. This innovative solution aims to enhance the online shopping experience by providing dynamic visual content that can drive engagement and conversions. The company's focus on e-commerce technology positions it within a rapidly evolving digital marketplace.
How much funding has Videoly raised?
Videoly has raised a total of $7.3M across 2 funding rounds:
Angel/Seed
$498K
Series A
$6.8M
Angel/Seed (2016): $498K with participation from Tekes and Reaktor Ventures
Series A (2022): $6.8M led by Vendep Capital, Reaktor, and Alfven & Didrikson
Key Investors in Videoly
Tekes
Tekes, now Business Finland, is a Finnish funding agency that supports innovation and technological development, offering crucial backing for early-stage companies aiming for commercial success.
Reaktor Ventures
Reaktor Ventures is a venture capital firm dedicated to supporting seed-stage companies, providing them with the necessary resources and strategic guidance to ascend to global leadership positions.
Vendep Capital
Vendep Capital is a venture capital firm focused on early-stage B2B SaaS companies in the Nordics and Baltics, providing capital and expertise to foster growth and long-term partnerships.
What's next for Videoly?
The recent Series A financing round, marked by a major strategic investment, indicates Videoly is poised for significant scaling and market expansion. This capital infusion is expected to fuel product development, enhance its video automation technology, and broaden its reach within the global online retail landscape. The company's strategic backing suggests a focus on solidifying its market leadership and exploring new avenues for growth in the e-commerce video solutions space.
See full Videoly company page
