Total amount raised
$35 Millions
Latest funding date
02/01/2022
Location
VEED.IO has successfully positioned itself as a leading AI-powered online video editing platform, offering a comprehensive suite of tools designed to streamline video creation. The platform's features include Auto Subtitles, Brand Kit, Dubbing, Text to Video AI, AI Clips, and AI Avatars, catering to diverse use cases such as Marketing, Training, Internal Communications, and Sales.
Keep reading to explore the intricacies of VEED.IO's fundraising journey and the investors backing this innovative platform.
What Is VEED?
VEED.IO is an innovative online platform specializing in AI-powered video editing tools. It operates within the software and technology industry, focusing on video editing and AI-driven content creation.
Designed to streamline video creation, VEED.IO offers a variety of features including auto subtitle generation, video compression, AI avatars, and text-to-video conversion. The platform is user-friendly and accessible directly from a web browser, making it ideal for both teams and individuals aiming to produce professional-quality videos efficiently.
Additionally, VEED.IO supports team collaboration with features like custom templates and brand kits, and it promotes its mobile app for on-the-go video editing.
How Much Funding Has VEED Raised?
- Series A
- Amount Raised: $35M
- Date: Feb 2022
- Lead Investors: Sequoia Capital
VEED.IO has raised a total of $35M in funding.
Key Investors
Here are the major investors in VEED.IO:
- Sequoia Capital
- Details: Sequoia Capital is a renowned venture capital firm that has been investing in early-stage companies since 1972. They are known for backing some of the most successful tech companies globally.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Apple, Google, Airbnb
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