ViralMoment, a Menlo Park, CA-based provider of AI-powered social video insights and analytics, has raised $2.5 million in seed funding.
SaaS Investors
The round was led by Supernode Global. Other participating funds include Crush Ventures, Duo Partners, Carnegie Mellon University, and Techstars.
Founded in 2016, Supernode Global is a venture capital firm based in London, United Kingdom. The firm seeks to invest in early-stage companies and startups focused on the media-tech sector.
ViralMoment Use of Funds
The company will use the funding to expand the capabilities of ViralMoment's video-reading AI and provide comprehensive intelligence to brands and agencies.
About ViralMoment
ViralMoment is an AI sidekick that delivers AI-powered social video insights, strategy, and analytics. The company’s AI platform analyzes short-form user-generated videos on platforms like TikTok and YouTube Shorts, offering marketing teams insights into brand mentions, emotions, and products within videos in real time. The platform has tracked over 1 billion social videos to date and already attracted brands such as Warner Bros, The Coca-Cola Company, WPP, and Omnicom agencies.
Funding Details
Company: ViralMoment, Inc.
Raised: $2.5M
Round: Seed Round
Funding Month: January 2024
Lead Investors: Supernode Global
Additional Investors: Crush Ventures, Duo Partners, Carnegie Mellon University, and Techstars
Company Website: https://viralmoment.com/
Software Category: AI-powered Social Video Insights and Analytics
Source: https://www.prnewswire.com/news-releases/viralmoment-ai-social-video-insights-tool-coveted-by-top-brands-and-agencies-including-ogilvy-and-warner-bros-raises-2-5m-302044220.html