Adventr, a New York-based video communications software platform, raised $5 million in seed funding.
The round was led by Paladin Capital and joined by Reinventure Capital, Invisible Ventures, and music artist, John Legend.
The company intends to use the funds to expand operations and its business reach.
Company: Adventr Technology, Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Paladin Capital
Additional Investors: Reinventure Capital, Invisible Ventures and John Legend
Company Website: https://adventr.io/
Software Category: SaaS interactive video creation, editing, and cross-platform
About the Company: Led by Devo Harris, CEO, and Founder, Adventr provides SaaS interactive video creation, editing, and cross-platform video distribution tools in a secure environment. Interactive and intelligent videos created on Adventr are not only clickable but actionable, integrating text, calls, and emails, offering seamless interactivity across a wide variety of channels including embeds, third-party players, and social media platforms. The platform enables users to securely turn video into an internet of things device, delivering a wealth of data at scale. Viewers engage with videos through touch, voice, or point-and-click. Adventr’s analytics suite offers to track and report features, enabling customers to monitor and manage user interactions and content trends inside the videos.
Source: https://www.finsmes.com/2021/12/adventr-secures-5m-in-seed-funding.html