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:
- Veed
- 100ms
- Api.video
- Descript
- VideoVerse
- Cofenster
- Peech
- Runway ML
- Videon
- Revidd
- Arcturus
- Firework
- BeLive
1. Veed
Online video creation and editing platform, Veed picked up $35 million in funding from Sequoia.
VEED
VEED is a simple yet powerful online video editor designed to make producing short-form video content so simple, efficient and affordable.
2. 100ms
Online video streaming and open API platform 100ms raised $20 million in their Series A round for a total $24 million raised to date.
100ms
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.
3. api.video
Video infrastructure startup api.video raised $12 million in a Series A funding round.
api.video
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.
4. Descript
AI-powered video and audio editing platform Descript raised $50 million in a Series C round bringing their total raised to $100 million.
Descript
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.
5. VideoVerse
Video-editing platform VideoVerse raised $46.8 million in a Series B funding round.
6. Cofenster
Business video platform Cofenster raised $8.5 million in a Series A funding round.
cofenster
cofenster is an enterprise-grade video production platform designed for teams and employees with no video production experience. cofenster provides tools and workflows that guide users through the entire process of video creation, enabling team membe...[Read More]
7. Peech
AI-powered video editing technology developer Peech raised $8.3 million in seed funding.
Peech
Peech is the first generative AI video platform that enables businesses to professionally edit, transcribe and brand video content in a single solution.
8. Runway
Applied AI research and next generation creativity tool platform Runway raised $50 million in a Series C funding round.
Runway
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.
9. Videon
Live video processing and distribution software platform company Videon has raised $9 million in Series B funding.
Videon
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.
10. Revidd
Revidd a video hosting and video content platform for launching customizable video streaming products and digital TV apps, raised $1.1 million in a seed round.
Revidd
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.
11. Arcturus
Volumetric video editing and streaming software platform Arcturus raised $11 million in Series A funding.
Arcturus
Arcturus is the creator of HoloSuite, a cloud-based post-production platform with tools for editing and distributing volumetric video. Arcturus offers video solutions across a range of verticals including live sports, photorealistic virtual performan...[Read More]
12. Firework
Livestreaming commerce company Firework raised $150 million in Series B funding.
Firework
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.
See how livestreaming commerce and live shopping companies are funded as of December 2022.
13. BeLive
Live streaming software platform BeLive Technology has raised $10 million in bridge funding.
Be.Live
Creating a live show online is a great way to display your expertise and magnetic personality. Be.Live is an easy-to-use web-based streaming platform that enables live streaming across various social networks. Audience engagement, branding customi...[Read More]
