# Oxolo

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

- Industry: Software
- Headquarters: Hamburg, Germany
- Website: www.oxolo.com/
- Total disclosed funding: $14M
- Latest round: Series A (Oct 24, 2023)
- Investors on record: 1

## About

Based in Hamburg, Germany, and founded in 2020 by co-founders Heiko Hubertz and Elisabeth L'Orange, Oxolo GmbH provides an advanced AI-driven video creation platform that allows users to select from a diverse range of AI actors to represent their products, creating compelling and personalized product videos. In October 2023, Oxolo GmbH raised EUR 13 million in Series A funding led by investor DN Capital.

The core product of Oxolo, the Video Creator, offers an array of features such as configuration, optimization, and an easy-to-use editor. It allows users to effortlessly create and customize videos to suit their unique needs, ensuring maximum visibility on platforms like Google, Instagram, TikTok, and e-commerce websites. Oxolo's AI actors add a personalized touch to product videos, increasing customer engagement and sales conversion. Users can seamlessly integrate this API into their platforms or applications which simplifies the video creation process for businesses by automatically generating videos from product URLs, enabling them to showcase their products effectively.

Oxolo generates revenue through subscription-based pricing models that cost USD 49.99 per year for Basic and USD 399 per year for business. The company also offers a free initial video creation to entice potential users.

The company plans to use the October 2023 funding to grow its workforce and further enhance its product offerings.

## Funding rounds

- Series A, Oct 24, 2023, $14M — DN Capital

## Investors

- DN Capital (https://capitalatlas.ai/funds/dn-capital) — Series A