California, USA-based, leading AI-powered social video insights and analytics provider ViralMoment raised USD 2.5 million in seed funding. The round took place on January 24, 2023. Supernode Global led the financing for the company. Meanwhile, seed funding also saw participation from funds including Crush Ventures, Duo Partners, Carnegie Mellon University, and Techstars.
Purpose of financing for ViralMoment
ViralMoment seeks to use the recent proceeds to widen the scope of its video-reading AI. It also has plans to continue to arm the world’s largest agencies and brands with the most robust intelligence available.
What the company’s official has to add
Chelsie Hall, CEO of ViralMoment, said, “In today’s world, every brand needs to become an entertainment company – and the best ones give their customers the microphone. But this can quickly get away from brands in the fast-paced world of short-form video as they struggle to cut through the noise and keep up. Online creators can make or destroy a brand in one 30-second video that goes viral. ViralMoment allows brands to take control of their narrative instead of the other way around.”
Sheyda Demooei, CTO of ViralMoment, further said, “Social video has effectively taken over our culture – the amount of traffic we see daily can be overwhelming, making it seemingly impossible for brands to keep up. However, just because a brand can’t see the damage happening doesn’t make it less impactful. Our platform makes the social world transparent. In this new world, information is king – and ViralMoment is the only solution that can provide a 360-degree, frame-by-frame view of the social landscape.”
About the company
Chelsie Hall and Sheyda Demooei launched the company in 2021. ViralMoment is an AI sidekick that provides top brands and agencies worldwide, such as WPP, Omnicom, Warner Brothers, and others, with AI-powered social video insights, strategy, and analytics. ViralMoment is the first platform that can analyse millions of short-form social videos in their entirety in a matter of minutes. It provides a comprehensive perspective of a brand’s reputation in real-time, surpassing just descriptions, transcripts, and thumbnails. With the help of some of the biggest companies and agencies worldwide, the female-founded platform has tracked over 1 billion social videos to date, enabling them to take charge of their social media insight strategy and stay ahead of the curve. The powerful AI at the core of the ViralMoment platform analyses millions of videos every day and keeps track of social trends in real time, enabling marketers to stay ahead of the curve in every aspect.
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