E-commerce video platform Videowise has secured $3m in a Slack Fund-led funding round, taking its total raised to $4.1m. The company, founded by Claudiu Cioba in 2021, offers an infrastructure that allows unlimited videos to be published on product, collection or blog pages, versus one video per page, with swipe-up video playlists and advanced video analytics. Videowise, which delivers five times faster loading times than traditional video players and has integrated with Shopify, generates $1m in added revenue and drives up to $25m in revenue from video shoppers spending up to four minutes more per page, according to Cioba.
Slack supports Videowise’s method of producing engaging, purchasable videos.
