Promo Overview
- Year Founded
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2012
- Status
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Private
- Employees
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26
- Latest Deal Type
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2ndary - Private
- Investors
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1
Promo General Information
Description
Developer of a video content creation application designed to empower customers to promote anything with videos. The company's platform offers the creation of visual content and videos, enabling businesses to access digital marketing services.
Contact Information
Website
www.promo.comCorporate Office
- Alon Towers, Tower 2, 36th Floor
- 94 Yigal Alon Street
- Tel Aviv 6789156
- Israel
Corporate Office
- Alon Towers, Tower 2, 36th Floor
- 94 Yigal Alon Street
- Tel Aviv 6789156
- Israel
Promo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Secondary Transaction - Private | 01-Mar-2026 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 25-May-2021 | Completed | Generating Revenue | |||
| 3. Debt - General | 03-Apr-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 10-Apr-2014 | $12M | $13M | Completed | Generating Revenue | |
| 1. Seed Round | 17-May-2012 | $1M | $1M | Completed | Generating Revenue |
VC Exit Predictor
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Promo Comparisons
Industry
Financing
Details
Promo Competitors (27)
One of Promo’s 27 competitors is Veed.Me, a Formerly VC-backed company based in Tel Aviv, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Veed.Me | Formerly VC-backed | Tel Aviv, Israel | ||||
| Vidyard | Venture Capital-Backed | Kitchener, Canada | ||||
| Celtra | Private Equity-Backed | Mansfield, MA | ||||
| Lumen5 | Accelerator/Incubator Backed | Vancouver, Canada | ||||
| Idomoo | Formerly VC-backed | Raanana, Israel |
Promo Patents
Promo Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-3764304-A1 | System and method for assessing quality of media files | Inactive | 11-Jul-2019 | ||
| US-20210012478-A1 | System and method for assessing quality of media files | Inactive | 11-Jul-2019 | ||
| EP-3547245-A1 | System and method for producing a customized video file | Inactive | 27-Mar-2018 | ||
| US-20190303403-A1 | System and method for producing a customized video file | Inactive | 27-Mar-2018 | G06F16/735 |
Promo Signals
Promo Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Getty Images Holdings | Corporation | Minority |
Promo Investments (1)
Promo’s most recent deal was a Buyout/LBO with UnStock. The deal was made on 03-Oct-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| UnStock | 03-Oct-2017 | Buyout/LBO | Social/Platform Software |
Promo FAQs
-
When was Promo founded?
Promo was founded in 2012.
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Where is Promo headquartered?
Promo is headquartered in Tel Aviv, Israel.
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What is the size of Promo?
Promo has 26 total employees.
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What industry is Promo in?
Promo’s primary industry is Media and Information Services (B2B).
-
Is Promo a private or public company?
Promo is a Private company.
-
What is Promo’s current revenue?
The current revenue for Promo is .
-
How much funding has Promo raised over time?
Promo has raised $29M.
-
Who are Promo’s investors?
Getty Images Holdings has invested in Promo.
-
Who are Promo’s competitors?
Veed.Me, Vidyard, Celtra, Lumen5, and Idomoo are some of the 27 competitors of Promo.
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