# Ittybit

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

- Industry: Software
- Headquarters: London, UK
- Website: www.ittybit.com
- Total disclosed funding: $1.9M
- Latest round: Seed (Feb 12, 2024)
- Investors on record: 4

## About

Founded in 2021 and based in London, UK, Ittybit Ltd operates as a developer tools company that provides media APIs for developers. The company was founded by Paul Williams. In June 2024, Ittybit Ltd raised EUR 1.7 million in seed funding, co-led by Mercuri and Sure Valley Ventures.

Ittybit offers media APIs and SDKs for developers to integrate video, image, and audio functionalities into their applications. The company handles uploads of various media formats, including video, audio, and images. The firm extracts data from uploaded media using AI and provides features like automatic subtitles, object detection, video summarization, and content moderation.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include staging, side project (USD 49/month), startup (USD 149/month), and scale (USD 499/month).

The company plans to use the funds raised in June 2024 to establish and broaden the idea of enabling media management tools for developers.

## Funding rounds

- Seed, Feb 12, 2024, $1.9M — Oxford Capital Partners, Sure Valley Ventures, Mercuri, Baltic Sandbox Ventures

## Investors

- Oxford Capital Partners (https://capitalatlas.ai/funds/oxford-capital-partners) — Seed
- Sure Valley Ventures (https://capitalatlas.ai/funds/sure-valley-ventures) — Seed
- Mercuri (https://capitalatlas.ai/funds/mercuri) — Seed
- Baltic Sandbox Ventures (https://capitalatlas.ai/funds/baltic-sandbox-ventures) — Seed