About Pictory
Pictory is a company based in Bothell (United States) founded in 2019 by Abid Ali, Vishal Chalana, and Vikram Chalana.. Pictory has raised $4.72 million across 2 funding rounds from investors including FUSE, Voyager Capital and Bill Bryant. The company has 28 employees as of April 01, 2024. Pictory offers products and services including Text to Video, URL to Video, AI Video Editor, and PPT to Video. Pictory operates in a competitive market with competitors including Vimeo, Vidyard, Jellysmack, EX.CO and Ceros, among others.
- Headquarter Bothell, United States
- Employees 28 as on 01 Apr, 2024
- Founders Abid Ali, Vishal Chalana, Vikram Chalana
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Pictory India Private Limited
- Date of Incorporation 16 Apr, 2021
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$453.15 K (USD)358.16as on Mar 31, 2023
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Net Profit
$51.64 K (USD)267.01as on Mar 31, 2023
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EBITDA
$83.37 K (USD)280.83as on Mar 31, 2023
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Total Equity Funding
$4.72 M (USD)
in 2 rounds
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Latest Funding Round
$2.62 M (USD), Seed
Mar 23, 2023
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Investors
FUSE
& 4 more
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Employee Count
28
as on Apr 01, 2024
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Products & Services of Pictory
Pictory offers a comprehensive portfolio of products and services, including Text to Video, URL to Video, AI Video Editor, and PPT to Video. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts text into engaging videos with AI voices
Transforms web pages into captivating videos
Enables easy AI-powered video editing
Converts PowerPoint slides into professional videos
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Funding Insights of Pictory
Pictory has successfully raised a total of $4.72M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.62 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.6M
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First Round
First Round
(04 Jan 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Pictory | Valuation |
investors |
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| Jan, 2022 | Amount | Seed - Pictory | Valuation | FUSE |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pictory
Pictory has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include FUSE, Voyager Capital and Bill Bryant. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Software startups are invested in by FUSE venture capital fund.
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Founded Year | Domain | Location | |
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Early-stage US tech investments are managed by Voyager Capital.
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Founded Year | Domain | Location | |
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BB
Bill Bryant |
US-based angel investor, active in Indian startups, partner at Threshold Ventures
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pictory
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pictory
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pictory Comparisons
Competitors of Pictory
Pictory operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vimeo, Vidyard, Jellysmack, EX.CO and Ceros, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Video hosting, creation, management, and streaming services are provided.
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| domain | founded_year | HQ Location |
A video marketing and analytics platform is provided for businesses.
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| domain | founded_year | HQ Location |
Video content creation platform for businesses
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| domain | founded_year | HQ Location |
Content management platform
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| domain | founded_year | HQ Location |
Interactive content creation platform is provided for brands.
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| domain | founded_year | HQ Location |
AI-powered platform for sports content creation and distribution is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pictory
Frequently Asked Questions about Pictory
When was Pictory founded?
Pictory was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Pictory located?
Pictory is headquartered in Bothell, United States. It is registered at Bothell, Washington, United States.
Who is the current CEO of Pictory?
Vikram Chalana is the current CEO of Pictory. They have also founded this company.
Is Pictory a funded company?
Pictory is a funded company, having raised a total of $4.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.1M, raised on Jan 04, 2022.
How many employees does Pictory have?
As of Apr 01, 2024, the latest employee count at Pictory is 28.
What is the annual revenue of Pictory?
Annual revenue of Pictory is $453.15K as on Mar 31, 2023.
What does Pictory do?
Founded in 2019 and based in Bothell, United States, Pictory operates in the AI software sector. Tools are offered for converting text, URLs, images, and presentations into videos. Services include AI-generated voices, automated visuals, captioning, video editing, highlight extraction, and team collaboration features. API access is provided for integration into other systems, serving marketing agencies, educators, and content creators.
Who are the top competitors of Pictory?
Pictory's top competitors include Vimeo, WSC Sports and VideoVerse.
What products or services does Pictory offer?
Pictory offers Text to Video, URL to Video, AI Video Editor, and PPT to Video.
Who are Pictory's investors?
Pictory has 5 investors. Key investors include FUSE, Voyager Capital, Bill Bryant, Omri Bahat, and Bharat Shyam.
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