Total amount raised
$35 Million
Latest funding date
2022-02-02
Location
VEED.IO is an online video editing platform that offers a range of features including AI avatars, screen recording, and a vast stock library. The platform is designed to make video creation effortless with tools like auto subtitles, text-to-video AI, and AI voice cloning.
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 online platform designed to simplify the video creation and editing process. It offers a comprehensive suite of tools that cater to various needs, including video recording, editing, adding subtitles, AI avatars, and more. The platform is designed for both individual creators and teams, providing collaboration features and ensuring that users can create professional-quality videos quickly and efficiently.
Operating in the software and technology industry, VEED.IO leverages AI technology to offer advanced features like auto subtitles, text to video, and voice cloning. This makes it a powerful tool for modern video content creation, emphasizing ease of use, speed, and the integration of AI technologies to enhance video creation and editing processes.
How Much Funding Has VEED Raised?
- Series A
- Amount Raised: USD 35,000,000
- Date: February 2022
- Lead Investors: Sequoia Capital
VEED.IO has raised a total of USD 35,000,000 in funding.
Key Investors
- Sequoia Capital
- Details: Sequoia Capital is a prominent 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 in the world.
- Investment Focus Areas: Technology, healthcare, consumer, financial services
- Notable Investments: Apple, Google, Airbnb
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