
Graava
Let Graava save your best memories.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor | €0.0 | round | |
$1.5m | Seed | ||
Total Funding | 000k |
Graava, founded in 2014 by Bruno Gregory, Marcelo DoRio, and Marcio Saito, was a venture that aimed to address the complexities of video editing for the average consumer. The company's core offering was a compact, mountable camera designed to automatically edit video footage. The initial idea was sparked by co-founder Bruno Gregory's personal experience following a hit-and-run bicycle accident, where camera footage was crucial in identifying the perpetrator. This led him to question why people, despite owning action cameras, used them infrequently, concluding that the effort required for editing was a significant barrier.
The business operated in the consumer electronics and mobile application market, targeting everyday users who wanted to capture and share experiences without the hassle of manual editing. Graava's business model was initially centered on the sale of its hardware, a camera priced at $399 retail, with pre-orders offered at a discounted $249. The product was a small, Full HD camera that utilized a combination of built-in sensors—including an image sensor, microphone, accelerometer, and GPS—to identify and clip the most engaging moments from raw footage. It could also sync with third-party heart rate monitors to use physiological data as another indicator of exciting events. Users could then utilize a companion mobile app to set a desired video length, and the software would automatically assemble a final cut, with presets for social media platforms like Instagram and Vine.
Despite a successful media launch in August 2015 that generated significant press coverage and a seed funding round of $750,000, the company faced challenges in securing the necessary venture capital to move its hardware into mass production. Consequently, Graava shifted its focus to a software-only model, launching an iOS and Android app in 2016 that offered the same automatic editing functionality using a smartphone's camera. Although the app was featured in the Apple store, it did not achieve the user growth and engagement needed to sustain the business. The company returned all funds from its crowdfunding campaign and ultimately discontinued the project in early 2017.
Keywords: Graava, automatic video editing, AI camera, action camera, consumer electronics, mobile video app, Bruno Gregory, Marcelo DoRio, Marcio Saito, video editing software, smart camera, crowdfunding hardware, wearable camera, social video sharing, footage analysis, sensor-based editing, video automation, defunct startup, getgraava.com, FlyOwl Inc.