InVideo Scores a $15 Million Series A – Chaos Meets Creativity
InVideo, the edgy online tool that lets anyone toss together slick videos without a PhD in film, just wrapped up a $15 million Series A fundraise. It’s led by Sequoia Capital India and has a cameo from Tiger Global, Hummingbird, RTP Global and Base.
What makes InVideo so cool?
Imagine a video editor that lives in your browser, cooks up clips in seconds and stops you from getting stuck in a template maze. That’s the InVideo promise: no rendering wait, no endless feedback loops, just instant creativity for both the budding creator and the seasoned pro.
Fast for Fast‑Followers
- Built to be browser‑first, everyone from a high‑school science fair to a Fortune 500 newsroom can use it.
- Guesses the cutting‑edge tech – it pushes browsers to their limits to handle rich media and animations.
- Cut “professional‑grade” video creation time by over 90 % – meaning more mental bandwidth for the message.
Hot Numbers (and even hotter clients)
Since its launch last year, InVideo boasts 800,000+ users from more than 150 countries. They’ve created videos in 75+ languages. The platform is freemium: pay‑as‑you‑go plans start at just $10/month.
- Corporate powerhouses: Procter & Gamble, Dropbox, Reuters, and AT&T
- Consumers: from teens making TikTok clips to artists launching their first YouTube channel.
The Founders’ Backstory
Got a knack for cutting 10‑minute overviews of non‑fiction books in 2019, Sanket Shah and Harsh Vakharia turned that spark into a full‑blown video suite – and they’re still hammering out features that keep the pain out of pro video. They say the industry ships users into boxy templates – so they built a platform that lets people really say what they want.
Investor Takeaways
“InVideo is set to replace the current crop of cumbersome, expensive video editing software with an intelligent, yet flexible platform,” said Sanket Shah, CEO. “From the moment of Surge 02, we saw a maniacal obsession with customer experience. That’s reflected in our product choices and our consistently high NPS.”
Prateek Sharma, VP at Sequoia, called InVideo “the platform of choice for video creation in a possibly USD 10 B market” – and warned that the next big SaaS companies will be built right out of India.
In a Nutshell
With fresh capital, InVideo plans to accelerate product development, extend its cross‑device collaboration suite, and keep making video creation as easy as clicking a button. Whether you’re a novice wanting a quick GIF or a seasoned filmmaker, InVideo wants to be your go‑to partner.