Promo - About the company
Promo is a series B company based in Tel Aviv (Israel), founded in 2012 by Tom More. It operates as a Video ads and visual content creation platform. Promo has raised $28M in funding from Getty Images. The company has 4778 active competitors, including 359 funded and 119 that have exited. Its top competitors include companies like TrueFan AI, Tezign and AnyClip.
Company Details
Video ads and visual content creation platform. The platform enables members to create videos using templates available to boost customer engagement and boost business. It caters to various fields such as real estate, marketing, travel, e-commerce, and gaming. It offers various tools such as video maker, image resizer, calendar, and Facebook covers. Disney, Zoho, Bose, Virgin, and Hilton are part of its clientele.
- Website
- promo.com
- Email ID
- *****@promo.com
- Registered Address
- Rīga, Ganību dambis 23A
Key Metrics
Founded Year
2012
Location
Tel Aviv, Israel
Stage
Series B
Total Funding
$28M in 3 rounds
Latest Funding Round
Investors
Ranked
33rd among 4778 active competitors
Employee Count
25 as on Aug 31, 2026
Similar Companies
Legal entities associated with Promo
Promo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROMO CIN: 40003864388 , Latvia, Active | Oct 11, 2006 | €0 - €1M (As on Dec 31, 2024) | 1 (As on Dec 31, 2023) | - |
Sign up to download Promo's company profile
Promo's funding and investors
Promo has raised a total funding of $28M over 3 rounds. Its latest funding round was a Series B round on May 25, 2021 for $*****. 1 investor participated in its latest round. Promo has 3 institutional investors.
Here is the list of recent funding rounds of Promo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2021 | 3040903 | Series B | 8225272 | 9626678 | 9054071 | 7521693 |
May 25, 2021 | 6221258 | Conventional Debt | 8384027 | 4348699 | 4767758 |
View details of Promo's funding rounds and investors
Promo's founders and board of directors
Founder? Claim ProfileThe founders of Promo is Tom More.
Here are the details of Promo's key team members:
- Tom More: Founder & CEO of Promo. Contact Info: 2 email addresses
View details of Promo's Founder profiles and Board Members
Promo's employee count trend
Promo has 25 employees as of Aug 26. Here is Promo's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Promo's Competitors and alternates
Top competitors of Promo include TrueFan AI, Tezign and AnyClip. Here is the list of Top 10 competitors of Promo, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueFan AI 2020, Gurugram (India), Series A | Provider of AI video platform for enterprise marketing and content creation | $21.1M | 74/100 | |
2nd | Provider of digital infrastructure for brand content creation, management, and distribution | $56.1M | 71/100 | ||
3rd | Provider of AI-powered video solutions for content management and monetization | $68M | 71/100 | ||
4th | Vimeo 2004, New York City (United States), Acquired | Provider of video hosting, creation, management, and streaming platform services | $450M | 70/100 | |
5th | Multimedia software | - | 69/100 | ||
6th | OpusClip 2022, San Francisco (United States), Series A | Provider of AI video editing tools for short-form content creation | $50M | 68/100 | |
7th | Jellysmack 2016, New York City (United States), Series C | Video content creation platform for businesses | $40M | 68/100 | |
8th | Wondershare 2003, Vancouver (Canada), Series B | Developer of software for video editing, PDF management, and data recovery | $10M | 68/100 | |
9th | Rembrand 2022, Palo Alto (United States), Series B | Provider of AI-powered advertising solutions for in-content and social media | $68.5M | 68/100 | |
10th | Lightricks 2013, Jerusalem (Israel), Series D | AI-powered tools for image, video editing, and content creation | $335M | 68/100 | |
33rd | Video ads and visual content creation platform | $28M | 58/100 |
Looking for more details on Promo's competitors? Click here to see the top ones
Promo's Investments and acquisitions
Promo has made no investments or acquisitions yet.
Reports related to Promo
Here is the latest report on Promo's sector:
News related to Promo
•
AI-powered, crowdsourced market research platform Promos raises $1 millionTech.eu•Jul 08, 2021•Promo, Change Ventures
•
Getty Images invests in Promo.com’s USD16m Series B Round and signs strategic PartnershipPrivate Equity Wire•May 25, 2021•Promo, Getty Images, Mizrahi-Tefahot Bank
•
Promo.com Data Breach Exposes Gaps in Third-Party Risk Management, Yet Again!EC Council•Jul 29, 2020•Promo
•
Trustpilot Partners With Promo.com to Integrate Customer Reviews Into VideosPR Newswire•Apr 17, 2019•Promo, Trustpilot
•
YouTube Partners With Promo.com to Make Great Video Creative More Accessible to SMBsPR Newswire•Apr 08, 2019•YouTube, Promo
•
•
Promo Partners With Unsplash to Expand Its Video Creation LibraryPR Newswire•Oct 02, 2018•Promo, Unsplash, Slidely by EasyHi
•
Content Creation Service Slidely Partners With ShutterstockCTech•Apr 15, 2018•Promo, Shutterstock, Slidely by EasyHi
•
Promo Integrates Shutterstock to Become the Video Creation Platform with the Largest Video LibraryPR Newswire•Apr 12, 2018•Promo, Shutterstock
•
Are you a Founder ?
FAQs about Promo
Explore our recently published companies
- Solar - Indore based, 1994 founded, Unfunded company
- Bina Punjani - India based, 2011 founded, Unfunded company
- Aviator - India based, Unfunded company
- Admit Beacon - India based, 2021 founded, Unfunded company
- Origin Itfs - Chennai based, 1993 founded, Unfunded company
- 1Win - India based, 2026 founded, Unfunded company