TwentyThree Raises $2.5M Credit Facility

TwentyThree, a Copenhagen, Denmark-based video marketing platform, raised a $2.5m credit facility.

The credit facility was raised from a European growth fund and European bank.

The funding will enable the company to expand in the U.S market, hire talent, and continue to build the product.

Led by CEO and Founder Thomas Madsen-Mygdal, TwentyThree provides a video marketing platform that allows marketers to analyze video beyond vanity metrics, integrate with their existing tech stack, run video across every social platform, and generate leads with video.
The platform is used by hundreds of marketing teams and enterprise companies around the world, and in the past year alone, has hosted 1.5 million videos, measured 1.7 billion impressions, and tracked 650 million video plays.

The company has 40+ employees, a 13,000 square foot office in Copenhagen, and recently opened an office in San Francisco.

FinSMEs

14/03/2018

Join the discussion