Tech Company Financing Transactions
munch Funding Round
A* Capital, Cardumen Capital and Liquid 2 Ventures participated in a $7.2 million Seed venture round for munch. The funding round was announced on 11/21/2023.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$7,200,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds for R&D, customer growth and team expansion to further accelerate its global presence after reaching $2M annual recurring revenue within 8 months. Munch has over three thousand paying subscribers worldwide with signed contracts with several major, well-renowned media giants as a primary short-form vendor.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Munch boosts your social presence on all platforms by pulling out dozens of short content pieces from your brand's long-form videos and figuring out the best time to post them on social media. You can upload your product overviews, how-tos, podcast episodes, and live event recordings into Munch and see how it uses AI magic to automaticallyextract the most engaging parts and adapt them for TikTok, Instagram, LinkedIn, Twitter, and Facebook. Munch also uses your social channels' information and real-time online trend data to help you decide on the best timing to post your newly generated content.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Kandel
Chief Technical Officer
Peter Naftaliev
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Next: 11/21/2023: BLOCKSMITH&Co. venture capital transaction
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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