Total amount raised
$52.5 Millions
Latest funding date
Location
InVideo has successfully raised significant funding through multiple rounds, including a Series B, attracting a diverse group of investors. The platform offers a comprehensive suite of video creation and editing tools powered by artificial intelligence.
Keep reading to explore the intricacies of InVideo's fundraising journey and the investors backing this innovative platform.
What Is InVideo?
InVideo, founded in 2017, is headquartered in San Francisco, California. The company was established by Abhilash Hande, Anshul Khandelwal, Harsh Vakharia, Pankit Chheda, and Sanket Shah.
InVideo offers an AI-powered platform for video creation and editing, providing users with templates, media assets, and customizable features. The platform includes a flexible timeline and a drag-and-drop editor, making it accessible for creators of all skill levels.
With a team of 101-250 employees, InVideo continues to innovate in the video creation space, offering tools that simplify the process and support a vibrant community of creators.
How Much Funding Has InVideo Raised?
- Pre-Seed Round
- Amount Raised: Not publicly disclosed
- Date: August 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to kickstart the platform's development.
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: May 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the core features of the platform.
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: October 2019
- Lead Investors: Surge
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and user base.
- Seed Round
- Amount Raised: $2.5M
- Date: February 2020
- Lead Investors: Peak XV Partners, Surge
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and market reach.
- Series A
- Amount Raised: $15M
- Date: October 2020
- Lead Investors: Peak XV Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the collaborative, cross-device video creation suite and accelerate product development.
- Series B
- Amount Raised: $35M
- Date: July 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and further develop AI-powered features.
Total Amount Raised: $52.5M. Current Valuation: Not publicly disclosed.
Key Investors
- Sequoia Capital India
- Details: Sequoia Capital India is a venture capital firm that invests in early and growth-stage companies. They have a strong presence in the technology, consumer, and healthcare sectors.
- Investment Focus Areas: Technology, consumer, healthcare
- Notable Investments: Byju's, Zomato, OYO Rooms
- Tiger Global
- Details: Tiger Global is an investment firm that focuses on private and public companies in the global internet, software, consumer, and financial technology industries. They are known for their aggressive investment strategy.
- Investment Focus Areas: Internet, software, consumer, financial technology
- Notable Investments: Facebook, LinkedIn, Flipkart
- Hummingbird
- Details: Hummingbird is a venture capital firm that invests in early-stage technology companies. They have a diverse portfolio across various sectors.
- Investment Focus Areas: Early-stage technology companies
- Notable Investments: Deliveroo, Peak Games
- RTP Global
- Details: RTP Global is a venture capital firm that focuses on early-stage technology investments. They have a global reach with a strong emphasis on internet and software sectors.
- Investment Focus Areas: Technology, internet, software
- Notable Investments: Delivery Hero, Yandex
- Base Ventures
- Details: Base Ventures is a venture capital firm that invests in early-stage technology startups. They are known for their hands-on approach with portfolio companies.
- Investment Focus Areas: Early-stage technology startups
- Notable Investments: Not publicly disclosed
What's Next for InVideo?
InVideo stands at the cusp of a significant opportunity, with the video creation market estimated to be worth $10 billion. The company aims to expand its collaborative, cross-device video creation suite and accelerate product development. This growth potential is bolstered by the increasing demand for professional-quality video content optimized for social media platforms.
Future fundraising opportunities seem promising, given the successful Series A round and the large market potential. As InVideo continues to grow, additional funding rounds could help scale operations and enhance their platform. However, challenges such as competition from established video editing software providers and maintaining service quality as the user base grows will need to be navigated carefully.
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