Videowise Raises $3M in Seed Funding

Videowise

Videowise, a Dover, DE-based provider of an eCommerce video platform, raised $3M in Seed funding.

The round was led by Slack Fund, with participation from FounderCollective, Underline Ventures, MuVentures and Ratio Ventures.

The company intends to use the funds to develop its video commerce technology stack further for omnichannel video shopping experiences.

Founded in 2021 by product designer Claudiu Cioba, Videowise is an eCommerce video platform that helps brands and retailers to create interactive and shoppable video experiences on online stores to increase engagement and uplift conversion. Unlike traditional video platforms, the company offers a commerce-centric video infrastructure that protects page speed, saves merchant time with automation, and offers more insights with advanced video analytics. Using its swipe-up video playlists, brands and retailers can engage shoppers through interactive product discovery and communicate their products’ value proposition, driving increased sales growth.

Today, more than 100 design & development agencies worldwide are building video experiences for their eCommerce clients using Videowise’s customizable video components.

FinSMEs

27/03/2023