Wochit Overview
- Year Founded
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2012
- Status
-
Private
- Employees
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57
- Latest Deal Type
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2ndary - Private
- Investors
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13
Wochit General Information
Description
Developer of an online platform designed to provide video creation tools. The company's platform allows the creation of videos that are accessible for all businesses to produce and share across every social and digital platform and to design socially-optimized programs at scale, enabling brands, newsrooms, and media companies to expand audience engagement through the power of social video.
Contact Information
Website
www.wochit.comCorporate Office
- 12 East 33rd Street
- New York, NY 10016
- United States
Corporate Office
- 12 East 33rd Street
- New York, NY 10016
- United States
Wochit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 01-Jul-2022 | Completed | Generating Revenue | |||
| 6. Debt - General | Completed | Generating Revenue | ||||
| 5. Later Stage VC | 17-Jan-2017 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 27-Oct-2016 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 12-May-2014 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 20-May-2013 | $3.55M | $4.75M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 12-Jun-2012 | $1.2M | $1.2M | Completed | Startup |
Wochit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series D1 | ||||||||
| Series C1 | ||||||||
| Series C | ||||||||
| Series B | 31,075,274 | $0.010000 | $0.08 | $0.08 | 1x | $0.08 | 12.33% | |
| Series A | 26,519,339 | $0.010000 | $0.05 | $0.05 | 1x | $0.05 | 10.52% |
Wochit Comparisons
Industry
Financing
Details
Wochit Competitors (50)
One of Wochit’s 50 competitors is 90 Seconds, a Private Equity-Backed company based in Singapore, Singapore.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 90 Seconds | Private Equity-Backed | Singapore, Singapore | ||||
| Raw Shorts | Venture Capital-Backed | Miami, FL | ||||
| Kapwing | Venture Capital-Backed | San Francisco, CA | ||||
| Alugha | Venture Capital-Backed | Mannheim, Germany | ||||
| Wideo | Formerly VC-backed | Capitola, CA |
Wochit Patents
Wochit Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20160240225-A1 | Computer-aided video production triggered by media availability | Active | 18-Feb-2015 | ||
| US-9659219-B2 | Computer-aided video production triggered by media availability | Active | 18-Feb-2015 | ||
| US-20150262080-A1 | Automatic pre-processing of moderation tasks for moderator-assisted generation of video clips | Active | 16-Mar-2014 | ||
| US-9553904-B2 | Automatic pre-processing of moderation tasks for moderator-assisted generation of video clips | Active | 16-Mar-2014 | ||
| US-20140147095-A1 | Semi-automatic generation of multimedia content | Active | 01-May-2012 | G11B27/031 |
Wochit Signals
Wochit Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| PA Media | Corporation | Minority | ||
| Planven | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Cuscaden Peak Investments | PE/Buyout | Minority | ||
| La Maison Partners | Venture Capital | Minority |
Wochit FAQs
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When was Wochit founded?
Wochit was founded in 2012.
-
Where is Wochit headquartered?
Wochit is headquartered in New York, NY.
-
What is the size of Wochit?
Wochit has 57 total employees.
-
What industry is Wochit in?
Wochit’s primary industry is Multimedia and Design Software.
-
Is Wochit a private or public company?
Wochit is a Private company.
-
What is Wochit’s current revenue?
The current revenue for Wochit is .
-
How much funding has Wochit raised over time?
Wochit has raised $31.1M.
-
Who are Wochit’s investors?
PA Media, Planven, , Cuscaden Peak Investments, and La Maison Partners are 5 of 13 investors who have invested in Wochit.
-
Who are Wochit’s competitors?
90 Seconds, Raw Shorts, Kapwing, Alugha, and Wideo are some of the 50 competitors of Wochit.
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