Billo operates a platform that lets US e-commerce businesses publish tasks to a community of thousands of video creators to quickly produce authentic product videos. The platform supports editors who can add logos, design elements, and captions, and Billo says final video content costs businesses up to ten times less than traditional agencies. Billo has focused exclusively on the US market and reports revenue growth of more than 10x in the past year. Operating metrics include over 7,000 users and more than 1,000 new customers per month. The team expanded from 15 employees in 2020 to 66 today. The company plans to use the funding to further platform development, accelerate US expansion, and hire. Billo operates a platform that connects e-commerce brands with a community of over 3,000 creator-users who produce paid, influencer-style video ads. Brands publish tasks and creators produce “authentic” video ads; creators have produced over 7,000 videos to date. During the second half of last year the company increased revenue tenfold and continues to add over 400 new customers each month. The startup raised nearly €1 million last year to support product development and team growth. Billo plans to further expand in the US market, develop more platform functionality, and hire international employees while its current team remains Lithuanian.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2021