SINGAPORE, July 31, 2023 — 1Bstories, a pioneering start-up co-founded by Anuvrat Rao and a team of esteemed ex-Google founding members with a collective experience of 23 years in developing and scaling products internationally, proudly announces its emergence from stealth mode. The company has successfully raised $5.5 million in a recent funding round from Northstar Group and 47 other VCs and angel investors to launch its revolutionary product, Vidiofy.
Vidiofy is an advanced generative AI video tool specifically designed for publishers and brands aiming to boost community engagement, expand their social following, and create new revenue streams. With Vidiofy, businesses can effortlessly create hundreds of high-quality videos every month, eliminating the traditional barriers associated with video production, such as time and workforce.
“We are excited to introduce 1Bstories and unveil Vidiofy to the world officially,” said Anuvrat Rao, CEO and Founder of 1Bstories. “Our mission is to empower publishers and brands to create captivating videos at scale, harnessing the power of generative AI technology. Vidiofy is set to disrupt the industry by revolutionizing video creation, offering businesses unprecedented content creation capabilities.”
Vidiofy boasts an intuitive and user-friendly interface streamlining the video production process. By leveraging the potential of generative AI, the platform enables publishers and brands to effortlessly generate an extensive library of video content from scratch or based on existing articles or web pages. From engaging social media clips to personalized marketing messages, Vidiofy equips businesses with the tools to maximize their online presence and achieve unparalleled levels of engagement.
The 1Bstories team includes Stacie Chan, an ex-Googler, award-winning journalist, and Emmy-nominated actress. She was delighted to join 1Bstories and contribute her passion for storytelling and technology to this ambitious vision. Alongside Stacie is Ravi Hamsa, the “godfather of tech,” with an illustrious career working with top tech companies like Uber, LinkedIn, InMobi, and Yahoo.
Investors are praising 1Bstories’ growth, with high-profile figures such as Tom Blomfield, founder of Monzo, expressing excitement about the company’s vision for the future of AI video technology and offering support to their journey. Caesar Sengupta, Co-Founder & CEO of Arta Finance, another prominent voice in the AI industry, also lauded 1Bstories’ cutting-edge AI video platform and experienced management team, predicting a transformative impact on how we engage with video content.
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