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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
Social
XFacebook
Email ID
*****@promo.com
Part Of
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
Employee Count
25 as on Aug 31, 2026
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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
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Promo's founders and board of directors

Founder? Claim Profile
The founders of Promo is Tom More.
Here are the details of Promo's key team members:

Promo's employee count trend

Promo has 25 employees as of Aug 26. Here is Promo's employee count trend over the years:
Employee count trend for Promo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TrueFan AI
TrueFan AI
2020, Gurugram (India), Series A
Provider of AI video platform for enterprise marketing and content creation
$21.1M
74/100
2nd
Logo for Tezign
Tezign
2014, Shanghai (China), Series D
Provider of digital infrastructure for brand content creation, management, and distribution
$56.1M
71/100
3rd
Logo for AnyClip
AnyClip
2012, Jerusalem (Israel), Acquired
Provider of AI-powered video solutions for content management and monetization
$68M
71/100
4th
Logo for Vimeo
Vimeo
2004, New York City (United States), Acquired
Provider of video hosting, creation, management, and streaming platform services
$450M
70/100
5th
Logo for MAGIX
MAGIX
1993, Berlin (Germany), Acquired
Multimedia software
-
69/100
6th
Logo for OpusClip
OpusClip
2022, San Francisco (United States), Series A
Provider of AI video editing tools for short-form content creation
$50M
68/100
7th
Logo for Jellysmack
Jellysmack
2016, New York City (United States), Series C
Video content creation platform for businesses
$40M
68/100
8th
Logo for Wondershare
Wondershare
2003, Vancouver (Canada), Series B
Developer of software for video editing, PDF management, and data recovery
$10M
68/100
9th
Logo for Rembrand
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
Logo for Lightricks
Lightricks
2013, Jerusalem (Israel), Series D
AI-powered tools for image, video editing, and content creation
$335M
68/100
33rd
Logo for Promo
Promo
2012, Tel Aviv (Israel), Series B
Video ads and visual content creation platform
$28M
58/100
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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

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FAQs about Promo

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