Video-Content Solution StoryBox receives a 7 figure US-Dollar investment.
Munich 13. May 2020. The BayBG Bayerische Beteiligungsgesellschaft, the High-Tech Gründerfonds (HTGF) and CK Venture Capital invest a 7 figure US-Dollar investment in the Munich Start Up StoryBox. Founded in 2017 by Ben Rodrian and Rusmin Causevic the Start Up offers a Software as a Service solution that simplifies video creation for businesses. Storybox can now announce the successful completion of the Pre-Series A financing round.
We want to make the documentation and explanation easier for companies and make the power of video available to every employee in a playful way.
Ben Rodrian, founder and CEO of StoryBox
StoryBox provides an all-in-one solution for businesses to easily create, share and structure video content to make it searchable. With the new capital, StoryBox intends to further expand the team and the solution.
With StoryBox, companies can create and organize smartphone-based videos for any application scenario. Using the StoryBox app, videos can be created and shared by every employee using intuitive step-by-step templates (so-called “storyboards”). The app suggests picture settings and scene lengths automatically and offers an automated creation which includes corporate design. The content can be stored in the DSGVO-compliant StoryBox cloud and can be accessed, filtered and analyzed from anywhere. Well-known customers such as Iveco, Erste Group, Evonik, Alten, KTM already trust in StoryBox.
StoryBox allows you to make communication with video more effective. Companies can use video to explain processes, document procedures, train employees, record events, generate social media content or present products.
We are proud to have won renowned investors with BayBG, HTGF and CK Ventures, with whom we can further develop our company.
Ben Rodrian, founder and CEO of StoryBox
BayBG is also convinced of the success of the start-up company.
Never before has the creation of video content been so easy and efficient for companies, their employees and teams. The content solution in combination with the experienced StoryBox founding team has convinced us.
Alexander Ullmann, Senior Investment Manager of BayBG
The complementary team of founders was able to successfully establish the product on the market in the last two years and won many customers for its content solution. We are pleased to support the company in its further expansion.
Christian Arndt, Investment Manager at High-Tech gründerfonds
The technology start-up from Munich offers companies an AI based Software as a Service solution for the creation and management of video content for their employees. Videos can be created for a variety of use cases and managed in the StoryBox Cloud. StoryBox App, allows users/employees to create and share Videos step by step through intuitive templates. The range of applications reaches from HR, sales, product, marketing, training, documentation to end customer videos for companies. StoryBox customers include well-known companies such as Evonik, Iveco, FTI, Erste Group, Alten, KTM, FTI, etc.
About BayBG Venture Capital
With its venture capital team, BayBG Bayerische Beteiligungsgesellschaft invests in Series A financing rounds and subsequent tech start-ups. The venture capital portfolio currently consists of more than 30 technology companies. With an invested volume of EUR 310 million, BayBG is one of the major venture capital and investment companies in Germany. In addition to venture capital for start-ups, BayBG offers small and medium-sized companies equity capital (equity and/or mezzanine) across all company phases and financing opportunities. BayBG thus enables the implementation of innovation and growth projects, the optimization of the capital structure or the regulation of company succession planning.
About CK Ventures
About High-Tech Gründerfonds
High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven start-ups. With around EUR 900 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge almost 600 start-ups since 2005. Driven by their expertise, entrepreneurial spirit and passion, its team of experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech start-ups in the fields of digital business models, industrial technology, life sciences, chemistry and related business areas. To date, external investors have injected over EUR 2.5 billion into the HTGF portfolio via more than 1,600 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies.
Investors in the public-private partnership include the Federal Ministry of Economics and Energy, KfW Capital, the Fraunhofer-Gesellschaft and 32 companies. Our Fund Investors