Pitchy, a Paris, France-based provider of a video development platform, raised €4m in funding.
Backers included Seventure Partners and the Fonds Ambition Numérique.
The company intends to use the funds to continue to develop the platform and expand its operations and market reach.
Co-founded by Lionel and Benjamin Chouraqui, Pitchy provides a platform that enables companies to create professional videos directly from ready-made, templates by dragging and dropping content (texts, infographics, pictures, interviews, etc.) inside them, reducing the producing budget and saving time. The technology has already been adopted by hundreds of companies including Air Liquide, the Unibail-Rodamco Group La Poste, Bouygues Immobilier Covea (MMA, MAAF, GMF), the Ministry of Economy and Finance, Les Echos, Mazars Agefiph, Viadeo, CM-CIC, Taxis G7, Le Salon des Entrepreneurs, BNP Paribas, EY, Paris City Hall, Caisse des Dépôts et Consignations, AFNOR, Transdev, Mercer, Randstad, Syntec Numérique, Mediapost Advertising, etc.