# Storyo

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

- Industry: Internet
- Headquarters: Tomar, Portugal
- Website: www.storyoapp.com
- Latest round: Seed (Feb 1, 2016)
- Investors on record: 1

## About

Storyo is an automated storytelling platform that transforms user-generated photo collections into engaging video memories, enhancing the narrative experience through intelligent organization and contextual integration.Founded in 2014 in Tomar, Portugal, Storyo specializes in creating personalized video memories from user photos. The company was co-founded by Elina Ashimbayeva, Leonel Duarte, and Manuel Costa, with Filipe Vasconcellos serving as CEO. In February 2016, Storyo raised Seed funding from Portugal Ventures.Storyo offers a distinctive automated storytelling platform designed to transform user-created photo collections into engaging video memories. The core product leverages an intelligent algorithm to organize images by time and location, resulting in a narrative video format that encapsulates meaningful moments. The service integrates various elements, including Facebook posts, weather details, and maps, enhancing the storytelling experience with contextually relevant information. This allows users to relive experiences comprehensively, catering to both individuals and groups looking to celebrate shared memories. Storyo primarily targets consumers in developed markets, focusing on North America and Europe, where social media usage and photo sharing are prevalent.Storyo generates revenue through a direct-to-consumer model that enables users to create and share personalized video memories. The business structure includes tiered subscription plans that offer varying levels of features, such as the ability to co-author videos with multiple users and access to premium content, including high-quality video clips from their partnership with Shutterstock. The pricing plans accommodate both individual users and group collaborations, allowing for unlimited co-authorship, thus enhancing the user experience. By offering automated video creation services that save users time and effort in compiling and editing memories, Storyo positions itself competitively within the digital storytelling market.Storyo plans to leverage its recent Seed funding raised in February 2016 to enhance its platform and expand its product offerings. Future products are expected to include new features designed to enrich user experiences, although specific release dates have not been disclosed. The company aims to expand into new geographic markets, particularly emphasizing growth in Asia and South America by 2024. This strategic expansion is expected to tap into growing social media engagement and photo-sharing trends in these regions.

## Funding rounds

- Seed, Feb 1, 2016 — Portugal Ventures

## Investors

- Portugal Ventures (https://capitalatlas.ai/funds/portugal-ventures) — Seed