After its Series A, Storybox can now invest more than five million euros in the further development of its Software-as-a-Service solution Using the startup's platform, companies can easily create, share, and structure video content and make it searchable. The round was led by new investor Wille Finance, with participation from existing investors BayBG, High-Tech Gründerfonds (HTGF), CK Ventures, and G8 Way Ventures. last financing round of the video startup was almost two years ago.
Ben Rodrian, CEO and founder of Storybox, comments:
"We are delighted to have gained such a renowned investor as Wille Finance and to have convinced them of our vision of revolutionizing corporate communications with video."
Katharina Iten von Wille Finance says:
"Investing in Storybox is not just about a technology product, but also about investing in a transformative tool that powers the future of storytelling and communication in businesses, while at the same time, as an investor, we have invested in a great team that lives this vision."
And Alexander Ullmann, Investment Manager at BayBG, explains:
"Moving images are a growth market, and professional video content is increasingly becoming an integral part of corporate communications. Storybox makes video production particularly easy; with its "no-code" video content solution, they minimize the technical effort. As an early investor, we have accompanied Storybox's successful development over the past few years and are pleased to continue its growth trajectory."
Founded by Ben Rodrian and Rusmin Causevic, Storybox is working to transform the way companies communicate. Using AI technologies and a "video-first" approach, the platform improves the efficiency and accuracy of video content creation and distribution. There is a particular need for this in the areas of HR, employer branding, know-how management, and social marketing. The company's clients include Startups include Allianz, Evonik, RWE, Telekom.