# cielo24

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cielo24

- Industry: Software
- Headquarters: Santa Barbara, US
- Website: www.cielo24.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Oct 13, 2015)
- Investors on record: 6

## About

Cielo24, Inc. specializes in advanced media accessibility solutions, providing services such as captions, transcripts, and audio descriptions to enhance media content for diverse audiences and ensure compliance with accessibility standards.Cielo24, Inc. was founded in 2012 and is headquartered in Santa Barbara, US. The company focuses on media accessibility solutions, including captioning and transcription services. Nicole Flynn serves as the founder, and Shanna Johnson is the CEO. Cielo24 has completed six funding deals, with the most recent being in June 2018 when it raised USD 0.79 mn in VENTURE DEBT from ff Venture Capital, bringing the total amount raised to USD 5.10 mn.Cielo24 provides a range of advanced media accessibility solutions, including captions, transcripts, audio descriptions, voice services, and media intelligence. Their core product offerings leverage a human-in-the-loop AI technology to enhance the quality and accuracy of media data labeling. The services facilitate improved asset search and discovery, localization, and compliance with accessibility standards such as WCAG and ADA. Key applications include improving video experiences for individuals with low vision or other disabilities, supporting educational institutions in engaging students through accessible content, and assisting businesses in expanding their global reach. Cielo24 serves a diverse customer base across various sectors, including education, government, media, entertainment, and corporate industries, with a focus on North America, Europe, and Asia-Pacific markets.Cielo24 generates revenue predominantly through B2B transactions, offering subscription-based services and customized solutions tailored to client needs. Their pricing structure typically involves fees associated with individual products, such as their flagship searchable captions, audio descriptions, and data labeling services. Clients may engage in long-term partnerships or one-off projects, depending on their specific requirements. The transaction process is streamlined and designed to accommodate the varying needs of their clients, ranging from educational institutions to government agencies and corporate businesses. Dedicated account management and training resources further enhance client engagement and satisfaction, contributing to customer retention and recurring revenue streams.In June 2018, cielo24, Inc. raised USD 0.79 mn in VENTURE DEBT financing from returning investor ff Venture Capital. The funds will be utilized to develop new products that enhance media accessibility and expand into new geographic markets. Specific plans include targeting the European and Asia-Pacific regions for growth by 2023, along with the introduction of additional services designed to improve media intelligence and accessibility.

## Funding rounds

- Series A, Oct 13, 2015, $5.1M — Wavemaker Partners, ff Venture Capital, Pereg Ventures, Indicator Ventures, North Base Media
- Seed, Feb 28, 2013 — Queensbridge Venture Partners

## Investors

- Queensbridge Venture Partners (https://capitalatlas.ai/funds/queensbridge-venture-partners) — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Series A
- ff Venture Capital (https://capitalatlas.ai/funds/ff-venture-capital) — Series A
- Pereg Ventures (https://capitalatlas.ai/funds/pereg-ventures) — Series A
- Indicator Ventures (https://capitalatlas.ai/funds/indicator-ventures) — Series A
- North Base Media (https://capitalatlas.ai/funds/north-base-media) — Series A