Munich Startup
Storybox raises €5.5 million in Series A funding

Storybox raises €5.5 million in Series A funding

Saskia Doll

Saskia Doll

Storybox receives €5.5 million in a current funding round for its AI-powered video creation solutions for enterprises. The investment will be used to further develop the platform, expand existing business areas, and expand into new markets.

June 20, 2024

2 min. read time

Storybox can now invest more than five million euros into further developing its software-as-a-service solution following its Series A round. Using the startup’s platform, enterprises can easily create video content, share it, and make it searchable in a structured way. The round was led by new investor Wille Finance, with participation from existing investors BayBG, High-Tech Gründerfonds (HTGF), CK Ventures, and G8 Way Ventures. The video startup’s last funding round took place nearly two years ago.

Ben Rodrian, CEO and founder of Storybox, comments:

“We are delighted to have attracted such a renowned investor as Wille Finance and to have convinced them of our vision of revolutionizing corporate communications with video.”

Katharina Iten from Wille Finance adds:

“Investing in Storybox is not just about a technology product, but also about investing in a transformative tool that drives the future of storytelling and communication in enterprises, while as investors we are also backing a great team that lives this vision.”

And Alexander Ullmann, investment manager at BayBG, explains:

“Video is a growth market, and professional video content is increasingly becoming an integral part of corporate communications. Storybox makes video production particularly easy, and with their ‘no code’ video content solution, they minimize technical effort. As an early investor, we have accompanied Storybox’s successful development over the last few years and are delighted to continue the growth trajectory we have set.”

Founded by Ben Rodrian and Rusmin Causevic, Storybox is working to sustainably transform the way enterprises communicate. Using AI technologies and a “video-first” approach, the platform improves efficiency and precision in video content creation and distribution. There is particular demand for this, especially in the areas of HR, employer branding, knowledge management, and social marketing. The startup’s customers include Allianz, Evonik, RWE, and Telekom, among others.

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