Promo.com

Last updated
Promo.com
Company type Private
IndustryVideo creation service
Video slideshows
FoundedTel Aviv, Israel 2012 (2012)
FounderTom More
Headquarters,
Area served
Worldwide
Key people
Tom More (Founder)
Number of employees
78
Parent EasyHi Ltd
Website promo.com

Promo.com is a cloud-based video creation service. It allows the creation of videos from stock videos, photos, video clips, and music.[ citation needed ] The company has offices in Warsaw, New York City, and Tel Aviv. [1]

Contents

History

Promo was launched in 2016 by founder Tom More.[ citation needed ]

In October 2017, the company announced that it acquired Unstock, a mobile-first marketplace for authentic footage, based in Poland.

In January 2018, the company won Best B2B Product of the Year at Product Hunt's 2017 Golden Kitty Awards. [2]

In January 2019, the company announced changing its name to Promo.com and moving to a new domain. [3]

In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator powered by Getty Images and ChatGPT.

Business

Promo.com employs around 50 people as of 2018. In its first year, the company raised $1.5 million in Series A funding. [4]

In 2021 the company announced an additional capital [5] and debt raise, with participation from Getty Images. [1] [6]

See also

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References

  1. 1 2 "Israeli slideshow app Slidely bags $7.3M to fund mobile plans". VC Post. 11 April 2014. Retrieved 23 April 2014.
  2. "Golden Kitty Awards Winners 🏆😺". Medium. 2018-03-23. Retrieved 2024-04-23.{{cite web}}: |first= missing |last= (help)
  3. "Changing its name to Promo.com". CTEch. Retrieved 23 January 2019.
  4. Veena Bissram. "Turn Holiday Photos Into a Video Slideshow With Slide.ly". Mashable . Retrieved 11 February 2014.
  5. Hatmaker, Taylor (2021-05-25). "Getty Images leads $16M investment in Promo.com, a social video template tool". TechCrunch. Retrieved 2023-12-15.
  6. Weber, Harrison (10 April 2014). "Slidely's 40M users and $7.3M in funding shows slideshows may be sexy after all". Venture Beat. Retrieved 23 April 2014.