About Vizrt
Vizrt is a company based in Bergen (Norway) founded in 1997 by Petter Ole Jakobsen was acquired by Nordic Capital in November 2014. It operates as a SaaS (Software-as-a-Service), and Professional Services. Vizrt has raised $12.14 million across 3 funding rounds from investors including Danica Pension, FSN Capital and Nordic Capital. Vizrt has completed 4 acquisitions, including Flowics, LiberoVision and Mosart Medialab. Vizrt offers products and services including Viz Engine, TriCaster Family, Viz Libero, and Viz One. Vizrt operates in a competitive market with competitors including Avid Technology, LiveU, Amagi, Telestream and Imagine Communications, among others.
- Headquarter Bergen, Norway
- Founders Petter Ole Jakobsen
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vizrt Norway As
- Date of Incorporation 30 Oct, 2006
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.16 M (USD)39.39as on Mar 31, 2023
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Net Profit
$141.93 K (USD)93.35as on Mar 31, 2023
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EBITDA
$177.16 K (USD)39.92as on Mar 31, 2023
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Total Equity Funding
$12.14 M (USD)
in 3 rounds
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Latest Funding Round
$43.7 M (USD), Post-IPO
Mar 24, 2015
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Investors
Danica Pension
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Flowics
& 3 more
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Acquired by
Nordic Capital
(Nov 10, 2014)
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Products & Services of Vizrt
Vizrt offers a comprehensive portfolio of products and services, including Viz Engine, TriCaster Family, Viz Libero, and Viz One. 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.
Platform for real-time 3D rendering and video playout.
Systems for advanced live video production and switching.
Tool for sports analysis with 3D virtual elements.
Platform for managing and delivering media content efficiently.
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Funding Insights of Vizrt
Vizrt has successfully raised a total of $12.14M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $43.7 million completed in March 2015. 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 3
- Last Round Post-IPO — $43.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Post-IPO - Vizrt | Valuation |
investors |
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| Nov, 2008 | Amount | Private Equity Round - Vizrt | Valuation |
investors |
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| Nov, 2006 | Amount | Series A - Vizrt | Valuation |
investors |
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| 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 Vizrt
Vizrt has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Danica Pension, FSN Capital and Nordic Capital. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Pensions are managed for Danish employees through financial investments.
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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 Vizrt
Vizrt has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Flowics, LiberoVision and Mosart Medialab. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Blogs focused on live streaming
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2018 | ||||
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User-generated content is leveraged for business social media engagement.
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2012 | ||||
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3D sports enhancement tools for broadcast TV are provided.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vizrt
| 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 |
Vizrt Comparisons
Competitors of Vizrt
Vizrt 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 Avid Technology, LiveU, Amagi, Telestream and Imagine Communications, 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 |
Software is provided for managing, distributing, and monetizing media content.
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| domain | founded_year | HQ Location |
Live video transmission solutions provider
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| domain | founded_year | HQ Location |
Cloud solutions for broadcast, streaming, and advertising industries are provided.
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| domain | founded_year | HQ Location |
Live and on-demand video streaming solutions are provided by Telestream.
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| domain | founded_year | HQ Location |
Digital video processing and edge multiplexing solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Vizrt
Frequently Asked Questions about Vizrt
When was Vizrt founded?
Vizrt was founded in 1997 and raised its 1st funding round 9 years after it was founded.
Where is Vizrt located?
Vizrt is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
Who is the current CEO of Vizrt?
Michael Hallen is the current CEO of Vizrt.
Is Vizrt a funded company?
Vizrt is a funded company, having raised a total of $12.14M across 3 funding rounds to date.
What is the annual revenue of Vizrt?
Annual revenue of Vizrt is $1.16M as on Mar 31, 2023.
What does Vizrt do?
Vizrt is established as a leader in video storytelling technology, offering solutions for live broadcast and content creation. Services are provided across sectors like broadcast, sports, corporate, government, education, and house of worship. Real-time graphics, virtual sets, production automation, and cloud-based workflows are developed to enhance video production. Comprehensive tools for sports analysis, media management, and live switching are also delivered. Solutions are tailored to empower creators, from podcasters to major broadcasters, reaching over 4.5 billion people daily. Immersive experiences are enabled to captivate audiences and foster impactful connections worldwide.
Who are the top competitors of Vizrt?
Vizrt's top competitors include Avid Technology, Amagi and LiveU.
What products or services does Vizrt offer?
Vizrt offers Viz Engine, TriCaster Family, Viz Libero, and Viz One.
How many acquisitions has Vizrt made?
Vizrt has made 4 acquisitions, including Flowics, LiberoVision, and Mosart Medialab.
Who are Vizrt's investors?
Vizrt has 3 investors. Key investors include Danica Pension, FSN Capital, and Nordic Capital.
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