An online video-making platform where amateurs as well as professional marketers can create animated videos for different marketing creative needs. Videobolt was founded in 2016 and has since then grown to around 200.000 registered users, and several thousand paying customers. The company’s software solution was used to create close to 300.000 videos. While offering several categories of promotional videos, Videobolt’s music visualizers are ranked number one in the USA. The company plans to further invest in development of a state-of-the-art solution which will dramatically improve existing enterprise video-making workflows, making the process quicker, more cost effective and transparent. The second solution focuses on providing an API which will allow enterprises to create personalized videos in order to improve customer retention and increase marketing ROI.
For South Central Ventures which continues to support tech companies in the Balkans this investment brings a slice of the global digital video ad spend a little closer to home.