Successful financing for Storybox: The High-Tech Founders Fund (HTGF), the family office CK Venture Capital of Conny Hörl and Katja Ruhnke, and BayBG are investing a single-digit million amount in the Munich-based startup. Storybox offers a software-as-a-service solution that enables companies to easily create, share, and structure video content for search.
Using the Storybox app, company employees can create and organize video content on their smartphones. Applications range from tutorials and instructions to event documentation, social media, and workshop summaries. The current capital injection will be used to further expand the offering and team and further develop AI-supported services. Ben Rodrian, Co-Founder and CEO of StoryBox, on his company's mission:
"Videos and employer-generated content are becoming increasingly important in virtually all areas of business. Our mission is to make the power of video available to every employee and help make video creation and use in companies easier, more collaborative, and more interactive."
Strong founders and a smart product idea
Using the Storybox app, videos can be created and shared step by step via mobile using intuitive templates. The app automatically suggests image settings and scene lengths, even in a predefined corporate design. Content is stored in the GDPR-compliant Storybox cloud and can therefore be accessed, filtered, and analyzed from anywhere.
Katja Ruhnke, CEO of CK Venture Capital, on their investment:
"In our view, Storybox is the perfect startup investment. It combines strong founders with a smart product idea and a well-thought-out business strategy. The video content solution is versatile, future-oriented, and, in our view, offers indispensable communication options for every type of company. As investors, we are very proud to be part of this story."
Ideal and exemplary financing round
More than 20 paying customers — including companies such as Iveco, Erste Group, Evonik, Alten and KTM — are already using the solution.
“Professional preparation by the founders, a promising product, renowned customer references and a positive outcome during the due diligence process contributed to the fact that we saw an almost ideal and exemplary financing round at Storybox,”
says Alexander Ullmann, Senior Investment Manager of BayBG. And Christian Arndt, Investment Manager of HTGF, continues:
"Over the past two years, the complementary founding team has successfully established the product on the market and won many customers for its content solution. We are pleased to support the company in its further expansion."
