OpenReel is a cutting-edge Remote Video Creation platform that allows enterprises, consumer brands, media companies, and agencies to direct and film professional-quality video content from over 125 countries. The company, founded in 2017 and based in New York, boasts a patented, enterprise-grade suite of remote video direction, capture, and collaboration capabilities. This enables businesses to streamline the time- and resource-intensive process of on-location video shoots, scaling content creation initiatives efficiently, effectively, and securely. Recently, OpenReel secured a $19.00M Series A investment on 18 March 2021, with funding from prominent investors including Five Elms Capital, Forefront Venture Partners, Brooklyn Bridge Ventures, Alpine Meridian Ventures, Las Olas Venture Capital, and WorkerBee. This substantial investment reflects confidence in OpenReel's disruptive approach and signifies potential for further growth and market influence in the Digital Media industry. OpenReel's innovative solution and global reach position it as an attractive investment prospect with significant potential to revolutionize the video production and collaboration landscape. With its unique value proposition and the support of notable investors, OpenReel is poised for continued success in reshaping the future of remote video creation.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $19.00M | 6 | WorkerBee | 18 Mar 2021 |
Seed Round | $2.55M | 2 | WorkerBee | 25 Nov 2019 |
Debt Financing | Unknown | 1 | 09 Aug 2019 | |
Debt Financing | $300.00K | - | 01 Dec 2018 | |
Seed Round | $785.00K | 2 | 01 Mar 2018 |
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