{"id":34719,"date":"2024-05-07T15:09:00","date_gmt":"2024-05-07T15:09:00","guid":{"rendered":"https:\/\/gateway.ventures\/startups\/storybox\/"},"modified":"2024-05-14T13:22:13","modified_gmt":"2024-05-14T13:22:13","slug":"storybox","status":"publish","type":"startups","link":"https:\/\/gateway.ventures\/en\/startups\/storybox\/","title":{"rendered":"StoryBox"},"author":16,"featured_media":34715,"template":"","meta":[],"startup_status":[36],"investment_focus":[54],"class_list":["post-34719","startups","type-startups","status-publish","has-post-thumbnail","hentry","startup_status-funded-en","investment_focus-digitaleconomy"],"acf":{"logo":34709,"show_stage":["Yes"],"stage":"Series-A","show_niche":["Yes"],"niche":"Media\/Communications","closing_month_year":"June 2024","female_founder":"","location":"Munich, GER","website":"https:\/\/www.storybox.cloud\/en","demo_video_url":"https:\/\/youtu.be\/Y3Sju0vwCNY","meet-up_lp_link":"https:\/\/calendly.com\/gatewayventures\/storybox-gateway-ventures-meetup","calendly_code":"https:\/\/calendly.com\/gatewayventures\/storybox-gateway-ventures-meetup","calendly_code_Kopie":"","oneline_description":"AI-driven Video for corporates","description":"","problem":"80% of internet is video. But corporates fail to capture the power of video due to unprepared processes and tools. This leads to:\r\n<ul>\r\n \t<li>High costs<\/li>\r\n \t<li>Lack of adoption<\/li>\r\n \t<li>Compliance challenges<\/li>\r\n \t<li>Isolated expert know how about the creation and handling of video material<\/li>\r\n<\/ul>\r\n<!-- notionvc: f267b12f-a036-41e2-a3da-017fbacf758c -->","solution":"StoryBox provides the first AI-Video operating system for corporates with their AI-driven software for video communication. With StoryBox corporates can communicate their ideas concisely and efficiently at scale. They use StoryBox in various areas starting from HR and internal communications to Social Media and Know-How transfer. StoryBox\u2019 software enables this through easy creation and distribution of professional-grade videos to internal and external stakeholders alike.","market":"StoryBox addresses companies with 250+ employees that already started digital transformation\r\n\r\nDACH: 14,000 companies\r\n\r\nEU + UK: 23,000 companies\r\n\r\nGlobal: ~300,000 companies","usp":"<ul>\r\n \t<li><strong>StoryBox Video<\/strong> <strong>OS<\/strong> enables companies and employees from creation to distribution<\/li>\r\n \t<li><strong>Powerful<\/strong> <strong>video<\/strong> <strong>creation<\/strong> <strong>App<\/strong> guides user with smart templates<\/li>\r\n \t<li><strong>Built-in<\/strong> <strong>compliance<\/strong> with all legal requirements for corporates<\/li>\r\n<\/ul>\r\n<!-- notionvc: 45a4923c-061e-448f-bc9b-aec789be4f21 -->","business_model":"B2B Saas platform, license fee as MRR at 12 months runtime.\r\n\r\nPricing defined by:\r\n<ul>\r\n \t<li>Number of departments in company and feature packages<\/li>\r\n \t<li>Upselling for department extension and features packages<\/li>\r\n<\/ul>\r\n<!-- notionvc: 4470ce40-8ed2-4346-aa30-1e7d8cf4ee71 -->","traction":"","exit_potential":"Acquisition targets for:\r\n<ul>\r\n \t<li>internal communication tools such as Slack (Salesforce), Staffbase or Dynamic Signal<\/li>\r\n \t<li>Video communication platforms such as Zoom<\/li>\r\n<\/ul>\r\n<!-- notionvc: b9efdb39-2f97-44b1-904e-426f90f1b716 -->","nrofcoinvestors":3,"tm_1_name":"Ben Rodrian","tm_2_name":"Rusmin Causevic","tm_3_name":"","tm_4_name":"","tm_1_position":"CEO","tm_2_position":"CTO","tm_3_position":"","tm_4_position":"","image_-_team_member_1":34713,"image_-_team_member_2":34711,"image_-_team_member_3":null,"image_-_team_member_4":null,"deal_link":"https:\/\/gateway.ventures\/d\/en\/investment-opportunities\/storybox","founder_group_image":null,"why_we_invested_in_this_startup":"","dealcaptain_opinion":"<ul>\r\n \t<li><strong>Traction<\/strong>: Exceptional Growth of 101% Year-over-Year to EUR 1.7 million annual recurring revenue<\/li>\r\n \t<li><strong>Renewed Market Relevance<\/strong>: With advance of Tiktok and other short-video-based formats, video is now even more relevant than ever.<\/li>\r\n \t<li><strong>Refocused Business Model<\/strong>: StoryBox refocused on bigger companies with bigger contracts, yielding better AOV and a better defined Ideal Customer Persona<\/li>\r\n \t<li><strong>Lead User Gateway Ventures:<\/strong> We have been satisfied users the software ourselves for over one year.<\/li>\r\n \t<li><strong>110+ Well-known Customers:<\/strong> Amongst them Allianz, Erste Bank, 1&amp;1 und Porr<\/li>\r\n<\/ul>\r\n<!-- notionvc: 110238b5-6e2b-4bfc-99cf-3b3e2ec46df7 -->","stoop":"Yes","pb":"No","investment_terms":"<ul>\r\n \t<li>Gateway Ventures: Equity up to EUR 500,000<\/li>\r\n \t<li>Pre-Money valuation: EUR 9,400,000<\/li>\r\n \t<li>Closing: End of June 2024<\/li>\r\n \t<li>Total round up to EUR 4,000,000\r\nOf which already commited: EUR 3.500.000<\/li>\r\n \t<li>min. Ticket \/ investor: EUR 10,000<\/li>\r\n \t<li>Liquidation Preference: 1.5x<\/li>\r\n<\/ul>\r\n<!-- notionvc: b37960c9-9a4a-4e92-8a5e-d511977eee79 -->","traction_image":null,"hide_socials":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>StoryBox - Gateway Ventures<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gateway.ventures\/en\/startups\/storybox\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StoryBox - Gateway Ventures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gateway.ventures\/en\/startups\/storybox\/\" \/>\n<meta property=\"og:site_name\" content=\"Gateway Ventures\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-14T13:22:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gateway.ventures\/wp-content\/uploads\/2024\/05\/Banner.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gateway.ventures\/en\/startups\/storybox\/\",\"url\":\"https:\/\/gateway.ventures\/en\/startups\/storybox\/\",\"name\":\"StoryBox - 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