StoryBox secures 5.5 million euros for AI-supported B2B video content creation

StoryBox has successfully raised 5.5 million euros in a financing round led by Wille Finance. The startup aims to revolutionize video creation for businesses.

Munich, June 19, 2024 - StoryBox, a leading provider of AI-powered video creation solutions for enterprises, has successfully raised €5.5 million in a Series A funding round. This round was led by Wille Finance, with participation from existing investors BayBG, High-Tech Gründerfonds (HTGF), CK Ventures and G8 Way Ventures.

The fresh capital will be used to further develop the platform and open up new business areas. StoryBox aims to revolutionize the creation and management of video content for companies. The "video-first" approach and the use of advanced AI technologies enable companies to produce high-quality video content efficiently and scalably.

We are delighted to have attracted such a renowned investor as Wille Finance and to continue to drive forward our vision of revolutionizing corporate communications through video.

Ben Rodrian, CEO and founder of StoryBox

Growth market for video content

The importance of professional video content in corporate communications is constantly growing. StoryBox offers a "no code" video content solution that minimizes technical effort and dramatically increases productivity in content production and management.

StoryBox seamlessly combines technology and human relationships. Using AI, they are revolutionizing video creation in HR, communications and social media, enabling employees to produce compelling videos effortlessly.

Katharina Iten from Wille Finance

Plans for the future

With the new investment, StoryBox plans to further expand its market leadership and extend the platform's AI capabilities. The investment will be used to further develop the platform and expand into new business areas.

Christian Arndt, Senior Investment Manager at HTGF, sees great potential: "Since our investment in 2020, StoryBox has made great progress and established itself as the leading video creation software. With the Series A, StoryBox will continue its efficient growth and further expand its AI capabilities in particular."

StoryBox is characterized by the combination of advanced AI technologies and a user-friendly interface. Companies can generate suitable content within minutes and immediately integrate it into their channels. This technology secures StoryBox a leading position in the B2B SaaS market for video solutions and helps companies to make their communication and HR strategies more efficient. We last reported on Startbase in 2022 about a successful round of over 1.5 million euros for StoryBox.