# Shred Video

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shred-video

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.shredvideo.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Jul 22, 2015)
- Investors on record: 1

## About

Shred Video specializes in automated video and photo capture solutions for adventure tourism, enhancing the experience of thrill-seekers with immediate, high-quality content delivery after activities.Shred Video provides automated video capture solutions for adventure tourism activities. Founded by Mark Godfrey and Michael Allen, the company is headquartered in San Francisco, US. In July 2015, Shred Video raised USD 0.12 mn in Seed funding from Y Combinator, marking its first round of investment.Shred Video offers automated video and photo capture solutions tailored for adventure tourism, including skydiving, bungy jumping, river rafting, and paragliding. Their innovative platform employs LiDar, GPS, and smart camera technology to automatically capture, edit, and deliver cinematic-quality videos and photos to customers immediately after their activities. This cloud-based system enables users to share experiences directly from their smartphones, primarily serving adventure tour operators across key markets such as the United States, Australia, and Singapore.Shred Video generates revenue through partnerships with adventure activity providers who integrate its automated video solutions. The company uses a B2B model, where clients pay based on usage or partnership agreements, which may involve subscription fees or pay-per-use for the videos produced. This model enhances customer experience and provides adventure operators with an added revenue stream by delivering instant, shareable content.Shred Video aims to expand its product offerings by developing new features for its video capture technology, with planned releases by the end of 2016. The company is targeting expansion into new markets, particularly in Europe and Asia, by 2017. The recent Seed funding of USD 0.12 mn will be utilized to support these product developments and market entry initiatives.

## Funding rounds

- Seed, Jul 22, 2015, $0.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed