# Clipchamp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clipchamp-pty

- Industry: Internet
- Headquarters: Brisbane, Australia
- Website: www.clipchamp.com
- Total disclosed funding: $10M
- Latest round: Series A (Feb 11, 2020)
- Investors on record: 5

## About

Clipchamp Pty Ltd is a web-based platform specializing in intuitive video editing tools designed for creators and businesses to produce high-quality video content easily and efficiently.Founded in 2013 in Brisbane, Australia, Clipchamp Pty Ltd provides an online video editing platform that simplifies video creation. The company underwent a significant transition when it was acquired by Microsoft Corporation in September 2021. The founder, Alexander Dreiling, serves as CEO and has a history of entrepreneurial ventures. Clipchamp has received AUD 13.20 mn in total funding through its Series A round led by Tola Capital, with participation from TEN13 and Transition Level Investments.Clipchamp's core product offerings center around an intuitive, web-based video editing platform designed to facilitate the creation of high-quality video content without requiring advanced technical skills. The primary services include AI-powered video editing tools, such as an AI video editor, camera recorder, screen recorder, and various features for audio enhancement, subtitle generation, and background removal. These tools cater to a diverse clientele that includes individual creators, educators, and businesses looking to produce promotional content, social media videos, or educational materials. The platform supports the creation of videos optimized for popular social media formats, including YouTube, TikTok, and Instagram. Clipchamp's services are accessible globally, serving markets in North America, Europe, and Asia, thereby appealing to a broad range of users seeking efficient video editing solutions.Clipchamp operates on a subscription-based revenue model that provides users with the option to access both free and premium features. The premium offerings, accessible through a Microsoft365 subscription, grant users additional capabilities such as advanced editing tools and enhanced functionalities. Typical transactions involve individual users or organizations subscribing to the platform to utilize its comprehensive video editing features for projects ranging from personal content creation to professional marketing campaigns. Pricing plans are structured to accommodate varying user needs, ensuring that both casual users and businesses can find a suitable option to leverage the platform's capabilities effectively.Following its acquisition by Microsoft in September 2021, Clipchamp is positioned to leverage Microsoft’s resources to drive future growth. The company plans to enhance its product offerings by introducing new features and tools aimed at facilitating even greater user engagement. Specific geographic expansions are expected to target emerging markets in Asia and Europe, aiming for implementation within the next 18 months. The recent funding will be utilized to support these development initiatives, enhancing product capabilities and fostering growth in new regions.

## Funding rounds

- Series A, Feb 11, 2020, $8.9M — Tola Capital, Transition Level Investments, TEN13
- Seed, Jun 2, 2016, $1.4M — Path4 Ventures, Australian Federal Government

## Investors

- Path4 Ventures (https://capitalatlas.ai/funds/path4-ventures) — Seed
- Australian Federal Government — Seed
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Series A
- Transition Level Investments — Series A
- TEN13 (https://capitalatlas.ai/funds/ten13) — Series A