Wibbitz has raised $30.5M in total across 4 funding rounds.
Wibbitz's investors include 14W, Jean de Fougerolles, BDMI - Bertelsmann Digital Media Investments, Edge VC, lool ventures, Mercuri, Eilon Tirosh, Rami Lipman, Yossi Matias.
Wibbitz is an automated video creation platform that transforms text-based content into professional short-form videos using AI-driven technology.[1][2][4] It serves publishers, brands, and content teams—such as Bloomberg, Reuters, Forbes, and The Weather Channel—by solving the challenge of rapidly producing scalable, monetizable video inventory from articles, enabling quick video summaries with visuals, voiceovers, and branding for social media, news, marketing, and more.[1][2][4] The platform's growth is evident in its expansion from a consumer app to a B2B solution with offices in New York, Tel Aviv, and Paris, supporting over 400 clients via customizable templates, drag-and-drop tools, APIs, and millions of licensed media assets.[2][4]
Founded in Tel Aviv in 2011, Wibbitz initially launched an award-winning mobile news app to demonstrate its text-to-video technology for consumers.[1] The company pivoted to a B2B model, entering the U.S. market with $8 million in funding and a publisher-focused platform featuring the Control-Room solution for editorial control.[1] Early traction came from its automated process—analyzing text for tone, generating scripts, matching visuals, and adding voiceovers—positioning it as a leader in AI video tools, with investors like NantMobile's Patrick Soon-Shiong recognizing its potential for digital media.[1]
Wibbitz rides the explosion of short-form video demand driven by social media, mobile consumption, and digital publishing shifts, where video boosts engagement and revenue.[1][2] Its timing aligns with AI advancements in content generation, addressing publishers' needs to scale video inventory amid rising ad preferences for video over text.[1] Market forces like algorithmic prioritization of video on platforms (e.g., Facebook, YouTube) and the shift from manual editing to automation favor Wibbitz, influencing the ecosystem by democratizing video production for news, marketing, and enterprises.[2][4]
Wibbitz is poised to expand its AI capabilities, potentially enhancing beta features like full article-to-video curation for broader creator adoption.[2] Trends in generative AI, real-time personalization, and multimodal content will shape its path, amplifying influence in automated storytelling for global media and brands. As video becomes essential for digital monetization, Wibbitz's scalable platform positions it to lead, evolving from publisher tool to ubiquitous content engine—building on its text-to-video foundation to redefine professional video accessibility.[1][2][4]
Wibbitz has raised $30.5M across 4 funding rounds. Most recently, it raised $20.0M Series C in October 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2017 | $20.0M Series C | 14W, Jean de Fougerolles, BDMI - Bertelsmann Digital Media Investments, Edge VC, lool ventures, Mercuri, Eilon Tirosh, Rami Lipman, Yossi Matias | |
| May 1, 2015 | $8.0M Series B | 14W, lool ventures, Eilon Tirosh, Rami Lipman, Yossi Matias | |
| Jun 1, 2012 | $2.0M Series A | 14W, lool ventures, Eilon Tirosh, Rami Lipman, Yossi Matias | |
| Jun 1, 2011 | $500K Seed | 14W, lool ventures, Eilon Tirosh, Rami Lipman, Yossi Matias |