Online video-as-a-service (VaaS) platform Hippo Video has raised an undisclosed amount of Pre Series A funding from Kae Capital. Headquartered in Chennai, Hippo Video helps create, edit, host and track videos.
As per the official statement, the newly-secured funding will be utilised to expand the startup’s present to Europe, apart from India and the US.
Commenting on the fundraise, Shubhankar Bhattacharya, Venture Partner at Kae Capital said, “The online video market for small businesses and independent professionals is a rapidly growing space. Hippo Video’s founders, Karthi, Nilam and Srinivasan, are proven product leaders when it comes to building and scaling software products for a global customer base.”
“Hippo Video’s value proposition as an all-in, easy-to-use, and highly affordable solution appears to have resonated with its target audience and we see signs of product-market fit being established. As early seed investors, we look forward to working with the team to help them further expand the business globally and become a true category leader,” Bhattacharya added.
Hippo Video: A One-Stop Platform For All Video Needs
Founded in 2016 by former Zoho employees Karthi Mariappan, Nilam Chand Jain and Srinivasan S, Hippo Video is a platform that takes care of the entire life cycle of video, from creating, editing, hosting, sharing to tracking.
Hippo Video’s USPs include online video creation, editing and contextual integration with Freshdesk and Zendesk for support and Google Classroom, Google Slides, Google Docs and D2L for education.