Promo.com
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| Company type | Private |
|---|---|
| Industry | Video creation service Video slideshows |
| Founded | Tel Aviv, Israel 2012 |
| Founder | Tom More |
| Headquarters | , |
Area served | Worldwide |
Key people | Tom More (Founder) |
Number of employees | 78 |
| Parent | EasyHi Ltd |
| Website | promo |
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]
History[edit]
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 early[when?] 2018, the company won Best B2B Product of the Year from Product Hunt.
In January 2019, the company announced changing its name to Promo.com and moving to a new domain.[2]
In December 2023, Promo.com announced the launch of PromoAI, its automatic video generator powered by Getty Images and ChatGPT.
Business[edit]
Promo.com employs around 50 people as of 2018. In its first year, the company raised $1.5 million in Series A funding.[3]
In 2021 the company announced an additional capital[4] and debt raise, with participation from Getty Images.[1][5]
See also[edit]
References[edit]
- ^ a b "Israeli slideshow app Slidely bags $7.3M to fund mobile plans". VC Post. 11 April 2014. Retrieved 23 April 2014.
- ^ "Changing its name to Promo.com". CTEch. Retrieved 23 January 2019.
- ^ Veena Bissram. "Turn Holiday Photos Into a Video Slideshow With Slide.ly". Mashable. Retrieved 11 February 2014.
- ^ Hatmaker, Taylor (2021-05-25). "Getty Images leads $16M investment in Promo.com, a social video template tool". TechCrunch. Retrieved 2023-12-15.
- ^ 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.