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§ Private Profile · New York City, NY, USA
Wochit is a technology company.
Wochit offers an enterprise-grade cloud platform for video creation, enabling organizations to efficiently produce compelling content at scale. Its flexible suite empowers users to rapidly create, version, automate, and publish videos across platforms. The platform integrates an intuitive experience with access to pre-licensed content, simplifying production for industries.
The company was co-founded by Dror Ginzberg and Ran Oz in December 2011. Their insight addressed the complexities of traditional video production, aiming to democratize access to high-quality video creation. The founders envisioned a streamlined process, allowing more organizations to generate dynamic visual narratives without deep technical expertise.
Wochit serves leading brands, nonprofits, and media organizations seeking to strengthen audience engagement. Its mission is to empower every organization to connect more effectively by streamlining the video production lifecycle. The company aims to remain a vital partner in helping businesses achieve communication objectives through impactful video storytelling.
Wochit has raised $42.0M across 4 funding rounds.
Wochit has raised $42.0M in total across 4 funding rounds.
Wochit has raised $42.0M across 4 funding rounds. Most recently, it raised $13.0M Other Equity in October 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 27, 2016 | $13M Venture Round | — | Carlo DE Benedetti, Cedar Fund, Marker, Prosieben, Redpoint Ventures, Singapore Press Holdings | Announced |
| Oct 1, 2016 | $13M Series C | — | Cedar, Cedar Fund, Innovation Endeavors, Lightspeed Venture Partners, Team8, Yuval Shahar, Carlo DE Benedetti, Marker, Prosieben, Redpoint Ventures, Singapore Press Holdings | Announced |
| May 1, 2014 | $11M Series B | Marker | Cedar, Cedar Fund, Innovation Endeavors, Lightspeed Venture Partners, Team8, Yuval Shahar, Greycroft, Redpoint Ventures | Announced |
| May 1, 2013 | $5M Series A | — | Cedar Fund, Innovation Endeavors, Greycroft, Dean Gilbert | Announced |
Wochit is an AI-powered video creation platform that enables organizations to produce compelling short-form videos quickly and at scale using cloud-based tools and a vast library of licensed content from providers like Getty, Reuters, AFP, and Bloomberg.[1][2][3] It serves newsrooms, media companies, brands, nonprofits, and marketplaces—such as Time Inc., USA Today, Gannett, AOL, ProSieben, and El Mundo—helping them solve the challenge of creating engaging social and mobile-first videos amid rising demand for video content.[1][2] With products like Studio for intuitive editing, Frame for white-label video editors, and WAVE for data-driven automated video generation, Wochit drives audience engagement and operational efficiency, reporting $18.9 million in revenue and around 134 employees across offices in New York, Tel Aviv, and London.[1][2]
Founded in 2012 and headquartered in New York with early roots in Tel Aviv, Wochit emerged to address the need for rapid video production in a mobile-first era dominated by social media and trending topics.[1][4] Co-Founder and CEO leads the team alongside a Chief Technology Officer and VP of Research & Development, though specific founder backgrounds are not detailed in available sources.[1] The idea gained traction through its disruptive cloud-based editing tools, earning awards like the Gutenberg Prize for journalism innovation and Digiday's Best Video Technology Innovation for bottom-line impact on clients.[1] Backed by investors including Cedar Fund, Greycroft Partners, Marker LLC, and Redpoint Ventures, Wochit expanded globally with offices in London and Israel, evolving from newsroom-focused tools to an enterprise-grade suite for diverse industries.[1][2]
Wochit rides the explosive growth of AI-driven video content in a video-first digital economy, where social platforms and mobile consumption demand constant, personalized short-form media.[1][3] Its timing aligns with surging needs post-2012 for quick content amid algorithm shifts favoring video on platforms like TikTok and Instagram, amplified by generative AI trends enabling automation at scale.[3] Market forces like content licensing partnerships and cloud scalability favor Wochit, positioning it to influence media workflows by democratizing pro-level video for non-experts and enabling data-driven personalization.[2] In the ecosystem, it empowers traditional media to compete with agile digital natives, fostering innovation in journalism, marketing, and enterprise storytelling.[1]
Wochit is primed to expand its AI video engine amid rising demand for automated, personalized content in marketing and media, potentially integrating deeper generative AI for hyper-customization.[3] Trends like multimodal AI and real-time data feeds will shape its path, enhancing WAVE-like tools for millions of unique videos from single templates. Its influence may grow through more white-label partnerships, solidifying its role as a backbone for enterprise video strategies and tying back to its core mission of making video creation effortless and impactful.[2][3]
Wochit has raised $42.0M in total across 4 funding rounds.
Wochit's investors include Carlo De Benedetti, Cedar Fund, Marker, ProSieben, Redpoint Ventures, Singapore Press Holdings, Cedar, Innovation Endeavors, Lightspeed Venture Partners, Team8, Yuval Shahar, Greycroft.