InVideo attracts $2.5 mn

InVideo, a maker of professional-looking videos, has raised $2.5 million in funding.

InVideo, a maker of professional-looking videos, has raised $2.5 million in funding. The investors were Sequoia Capital India’s Surge, Anand Chandrasekaran and Gokul Rajaram.

PRESS RELEASE

San Francisco, CA — February 18, 2020 — InVideo, the world’s easiest way to make professional-looking videos, is announcing the launch of its new AI-powered video editing platform that helps anyone create professional-quality videos in minutes.

The first-of-its-kind video editor suggests improvements in real-time, where an autocorrect assistant helps guide you away from technical design mistakes. Suggestions include proper font choices, animations, color palates and more, and the self-driving design allows anyone to make gorgeous, scroll-stopping videos with no experience required.

Over the last six months, InVideo has become the highest-grossing product sold on AppSumo, beating out popular consumer apps like Evernote and Mixpanel. The company has also expanded its user base to 100,000 customers across 150 countries, including cable and media giants AT&T, Sony Music, Reuters, CNN and CNBC. Users now create more than 5 videos every minute and more than 220,000 every month.

InVideo is also announcing a $2.5M investment from Sequoia Capital India’s Surge, along with angel investors Anand Chandrasekaran and Gokul Rajaram who also participated in this round.

The new capital brings the total raised to $3.2M to date, which will be used to scale its platform to a global audience, while investing in its community and expanding its current product pipeline.

‘Grammarly-like’ Video Platform Built for the Social Generation
Developing eye-catching videos is a must-have for anyone, not just marketers, as the internet becomes synonymous with video. Amateurs and professionals alike create videos daily, covering everything from how-to videos, promo videos, corporate presentations, recipes, to family vacations. But a big gap exists between DIY efforts and pro-quality videos you see on LinkedIn and Instagram. Professional video-editing programs are available, but are still expensive and require a steep learning curve to master.
InVideobrings much-needed simplicity to video making with an intelligent autocorrect editor that’s been trained on industry best-practices for visual grammar. Complicated design decisions are now fully automated, giving any creator the tools they need to make awesome videos people will love.

Key features include:
AI video editor with real-time autocorrect features
Drag-and-drop functionality that lets you create pro-quality videos in minutes
Massive video and picture library with 3000+ designs and premium templates to choose from
Flexible pricing levels for consumers, professionals and businesses, starting at $10 a month
Optimized video-formatting for popular platforms like Facebook, Instagram, Twitter, YouTube, and WhatsApp
Top-rated customer service with 24/7 support and translation in 75+ languages

“InVideo has truly captured the imagination of our users with their super user-friendly online video editor and great customer support”, said Ayman Al-Abdullah, CEO and President of AppSumo. “In fact, it has gone on to become the most sold product in AppSumo history.”

“We’re on a mission to democratize access to professional video software now available to anyone with drag and drop ease. Our Grammarly-like editor means no more time wasted over common technical mistakes or frustrating visual design decisions. We’re using AI to automate the entire video-making process so even beginners can create videos so good, you’ll stop your scroll,” said Sanket Shah, CEO and co-founder of InVideo.
To get started making videos today, please visit https://invideo.io/

About InVideo
InVideo is the world’s easiest way to make professional-looking videos in minutes. Founded in 2017, with offices in San Francisco and Mumbai, the company has amassed 100,000 customers across 150 countries, including global customers AT&T, Sony Music, Reuters, CNN and CNBC. With an AI-powered autocorrect editor and easy-to-use drag and drop design, the platform offers a ‘Grammarly-like’ interface so anyone can make scroll-stopping videos with no experience required.