The online video platform and streaming market continues its rapid growth despite any economic turbulence. In 2023 the video software market is valued at over $3.2 billion USD and is expected to continue its climb to $4.6 billion by 2028.
Reasons for this continued growth can be attributed to the rise in live streaming, specifically live shopping as well as the need for tools and editing software for social media content. Additional factors driving growth are the the rise in virtual reality and the rising demand for video content in education.
In 2022 video software companies raised a total of $412 million USD. Companies that make up this list raised Seed, A, B, and C rounds. The average funding amount across the list was $32 million and companies span across video creation, live streaming, ecommerce, AI-video and video hosting.
Here is a list of the video software platforms that raised funding in 2022:
- Runway ML
VEED is a simple yet powerful online video editor designed to make producing short-form video content so simple, efficient and affordable.
100ms provides a live video API and video platform that enables app developers and teams to take video calls to the next level with best in class tools and streaming.
api.video is an all-in-one video platform that enables businesses to quickly and securely deliver high-quality videos directly from websites, software, or apps.
Descript is an all-in-one video platform built for video editing, audio editing, podcasting and screen recording in a simple, clean web tool built for marketers and video experts alike.
Peech is the first generative AI video platform that enables businesses to professionally edit, transcribe and brand video content in a single solution.
Runway is a next-generation video creation platform with a toolset of magical AI tools, realtime collaboration and precision editing features designed for making quality video content fast.
Videon is a provider of edge computing for video and is a platform that makes live video processing and distribution faster and more efficient and at lower costs.
Revidd provides a full suite of online video products and services that span OTT, video hosting and management, live streaming and events, 24/7 internet television, internal video for corporate communications and much more.
Firework is an interactive video and shoppable video platform that enables brands, retailers and media publishers to deliver TikTok-like interactive video experiences on websites and mobile apps.