Pibox, a Ukraine-based SaaS platform for team collaboration with media files, was accepted into the latest cohort at Techstars Toronto, raised $400,000 in a pre-Seed round from Techstars along with Adventures Lab, Globalive Capital, 70 Ventures, and Presto Ventures.
With this fundraise, Pibox intends to expand its team, develop its go-to-market across multiple creative verticals, and continue building product capabilities as Pibox develops its brand positioning for video and podcast productions, branding agencies, and media industry specialists.
Company: Pibox
Raised: $400.0K
Round: pre-Seed
Funding Month: November 2021
Lead Investors: Techstars
Additional Investors: Adventures Lab, Globalive Capital, 70 Ventures, and Presto Ventures
Company Website: https://pibox.com/
Software Category: Content collaboration platform
About the Company: Founded in 2017 in Ukraine by two brothers Ivan and Pavel Talaychuk, Pibox is an all-in-one service for team collaboration with media files. The platform provides customers with an easy-to-use interface that makes it possible to structure workflows alongside content. By using media files inside the application, the customer can leave comments, draw on video, and select crucial moments with an accuracy of milliseconds. Chat and fixed storage structures are also available. Pibox replaces several programs used for communication by a creative team, school, or project, including between a customer and contractor; examples include mail, messenger, file hosting service, and task manager. Pibox's current clients include major creative and music companies such as Universal, Epidemic Sound, and Sony as well as educational institutions such as Michigan Technological University and the National Gallery of Art.
Source: https://www.businesswire.com/news/home/20211129005062/en/Pibox-a-Ukraine-Based-Platform-for-Musicians-and-Creators-Completes-400K-Pre-Seed-Raise-and-Joins-Techstars-Toronto/?feedref=JjAwJuNHiystnCoBq_hl-WsGkFyUNMTSNrPsg57HLEqqcp-o_pnudlUwsb5apQ1S4gUE65BTfjH3-pSuqdv0gW3cb3F4oTIgUqCPafFkgu5AneicJQDNboWvodvG82E0