90 Seconds provides a cloud-based platform for corporate video creation. The company is currently pursuing an $11 million-plus capital raise led by Bombora Investment Management. Bombora has already invested a few million dollars into the business. The raise places 90 Seconds at an $86 million market capitalisation and a $78 million enterprise value. Management is pursuing a public listing within the next 18 months. No additional operating metrics were disclosed in the article. 90 Seconds offers an end-to-end suite of collaboration tools that connects brands’ offline shoots to an automated online workflow. The platform gives clients access to more than 12,000 creators, including editors, videographers, animators, photographers, and drone operators. Since launching in 2010, the company has produced about 30,000 videos, serves more than 3,000 brands, and expanded to over 160 countries and 900 cities. Customers rate the platform highly (4.7/5), and the company reports 400% growth since its 2016 Series A. 90 Seconds plans to use new funding to increase automation and intelligence to personalize brand experiences and to enhance its creator network. The company is also prioritizing deeper relationships with media platforms such as Google and Facebook to improve transparency into video campaign ROI. 90 Seconds is a cloud-based platform that lets users manage nearly every part of the video production process in one place, combining online production tools with a global marketplace. The company launched in Auckland in 2010 and is now based in Singapore. Its marketplace lists 5,000 video professionals across 70 countries and has served clients including Visa, Samsung and Microsoft. 90 Seconds aims to make video production real-time and "super fast, as fast as Uber," allowing customers to publish videos within 24 hours to a few weeks. The startup plans to continue building out its mobile app so clients can commission, review and publish videos from tablets and smartphones. It also intends to outsource in-house project-manager roles to its marketplace over time. The company announced a $7.5M Series A to support growth and international expansion.

Total raised

$39M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2021