About Wochit
Wochit is a company based in New York (United States) founded in 2012 by Dror Ginzberg.. Wochit has raised $28.75 million across 4 funding rounds from investors including ProSiebenSat.1 Media, PA Media Group and Redpoint Ventures. Wochit offers products and services including Wochit Studio, Wochit Frame, and WAVE. Wochit operates in a competitive market with competitors including Wondershare, Animoto, WeVideo, Captions and Descript, among others.
- Headquarter New York, United States
- Founders Dror Ginzberg
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Wochit Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$28.75 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
ProSiebenSat.1 Media
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wochit
Wochit offers a comprehensive portfolio of products and services, including Wochit Studio, Wochit Frame, and WAVE. 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.
AI-powered tool for efficient video content creation.
White-label solution for adding video editing to platforms.
System for generating multiple unique videos from templates.
Unlock access to complete
Funding Insights of Wochit
Wochit has successfully raised a total of $28.75M across 4 strategic funding rounds. 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 4
- Last Round Last Round
-
First Round
First Round
(12 May 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series C - Wochit | Valuation | PA Media Group |
|
| Oct, 2016 | Amount | Series C - Wochit | Valuation | ProSiebenSat.1 Media , SPH Ventures | |
| May, 2014 | Amount | Series B - Wochit | Valuation | Marker |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wochit
Wochit has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ProSiebenSat.1 Media, PA Media Group and Redpoint Ventures. 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 |
|---|---|---|---|---|
|
Redpoint Ventures is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Marker LLC is engaged in intelligent investing in technology firms.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Wochit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Wochit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wochit Comparisons
Competitors of Wochit
Wochit 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 Wondershare, Animoto, WeVideo, Captions and Descript, 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 |
Developer of software for video editing, PDF management, and data recovery
|
|
| domain | founded_year | HQ Location |
Cloud-based video editing platform for enterprises
|
|
| domain | founded_year | HQ Location |
Video creation, interactive elements, and hosting software are provided.
|
|
| domain | founded_year | HQ Location |
AI-powered editing for photos and videos with captioning is provided.
|
|
| domain | founded_year | HQ Location |
Automated transcribing solution provider for audio files
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Wochit
Frequently Asked Questions about Wochit
When was Wochit founded?
Wochit was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Wochit located?
Wochit is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Wochit?
Dror Ginzberg is the current CEO of Wochit. They have also founded this company.
Is Wochit a funded company?
Wochit is a funded company, having raised a total of $28.75M across 4 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on May 12, 2013.
What does Wochit do?
Founded in 2012 and based in New York, United States, Wochit operates as a cloud-based platform in the media technology sector. Raw footage is licensed from original sources to produce editable videos that can be repurposed and embedded on publisher sites. The editing process is automated into watchable segments, with template videos created for news organizations and options provided for user personalization.
Who are the top competitors of Wochit?
Wochit's top competitors include Captions, Descript and Wondershare.
What products or services does Wochit offer?
Wochit offers Wochit Studio, Wochit Frame, and WAVE.
Who are Wochit's investors?
Wochit has 8 investors. Key investors include ProSiebenSat.1 Media, PA Media Group, Redpoint Ventures, Marker LLC, and Cedar Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.