Video Monster
Offers online video editing services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Series A | |
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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VideoMonster Inc., established in 2015 and based in Seoul, South Korea, operates as a versatile video creation solutions provider. The company initially focused on B2B services with its "VideoMonster" platform, a template-based short-form video maker designed for marketing professionals. This service utilizes cloud-rendering technology to enable users to produce professional-quality videos quickly by choosing from over 5,000 templates and a library of stock images and clips.
Pivoting to address the growing Gen Z demand for travel content, the company developed ViiV, an AI-powered vlog maker. ViiV simplifies the video creation process, allowing users to automatically generate edited vlogs within minutes, a task that is significantly faster than manual editing. The application is engineered to automatically tag locations in real-time, creating detailed travel itineraries within the vlogs. This functionality positions ViiV not just as a creation tool, but as a social platform for sharing authentic travel experiences.
The business model for VideoMonster's core platform is subscription-based. For ViiV, the strategy extends into a travel-commerce ecosystem. By aggregating valuable content and user data, ViiV aims to become an all-in-one platform where users can discover, book, and share travel experiences. This includes offering solutions for B2B clients like hotels, OTAs, and travel agencies, providing them with user-generated review videos via API technology. For content creators, ViiV offers monetization opportunities through revenue sharing from affiliate bookings and other partnerships. The company has secured $2.5 million in funding over two rounds, including a Series A round in June 2022, with investors such as Innopolis Partners and Blue Point Capital Partners.
Keywords: VideoMonster, ViiV, AI vlog maker, automatic video editing, travel vlogs, short-form video, video creation platform, travel-commerce, location tagging, user-generated content, mobile video editing, video templates, B2B video solutions, travel tech, content monetization, Seoul startup, AI video generation, automated editing, travel content creation, social travel app