# Tenovos

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

- Industry: Marketing/Advertising
- Headquarters: New York, US
- Website: www.tenovos.com
- Total disclosed funding: $22M
- Latest round: Series B (Nov 4, 2022)
- Investors on record: 5

## About

Tenovos Corp. is an innovative company that offers an AI-driven digital asset management platform tailored to meet the needs of enterprise brands, facilitating content organization and management across various sectors.Founded in 2018, Tenovos Corp. is headquartered in New York, US, and specializes in digital asset management solutions. The company has successfully completed 3 deals, with its latest funding round, a Series B, occurring on November 4, 2022, raising USD 10.000 mn from investors including S4S Ventures and Bertelsmann Digital Media Investments. The company was co-founded by Matt Corodimas and Sal Hakimi, while D Bowen serves as the CEO. Tenovos has not undergone any strategic pivots or significant structural changes since its inception.Tenovos specializes in providing an AI-powered digital asset management (DAM) platform designed for enterprise brands. Its core offerings include Tenovos Glass and Tenovos Orchestration, which facilitate the ingestion, organization, and management of content throughout the content lifecycle. The platform enables teams to streamline workflows, automate processes, and track asset usage with real-time insights, addressing challenges related to content creation, distribution, and performance optimization. Tenovos serves a diverse client base across various industries, including consumer packaged goods (CPG), financial services, sports, media and entertainment, and retail, with a focus on markets in North America and Europe. Through its no-code integration capabilities, Tenovos allows brands to connect seamlessly with existing marketing technology stacks, enhancing content management at scale.Tenovos generates revenue primarily through a subscription-based model, allowing clients to access its suite of digital asset management solutions. The transactions typically occur within a Business-to-Business (B2B) framework, where enterprises subscribe to Tenovos’ platform to leverage its capabilities for managing their digital content. Clients engage with Tenovos through various pricing plans that accommodate different organizational needs, facilitating scalability and customization based on the size and requirements of the business. Flagship products like Tenovos Glass and Tenovos Connect play a pivotal role in the revenue structure, as they offer core functionalities for content visualization, utilization, and integration. The company maintains a commitment to delivering value through its technology, ensuring that clients can optimize their content strategies effectively.In November 2022, Tenovos Corp. raised USD 10.000 mn in Series B funding, co-led by S4S Ventures and returning investor Bertelsmann Digital Media Investments, with participation from Dublin Capital Partners, Progress Ventures, and Revel Partners. The funding will be utilized to accelerate product development and expand global go-to-market channels, with recent expansions into Canada, the UK, and the Middle East. Tenovos is focusing on enhancing its product offerings and exploring new geographic regions for growth.

## Funding rounds

- Series B, Nov 4, 2022, $10M — Progress Ventures, Dublin Capital Partners, Bertelsmann Digital Media Investments, Revel Partners, S4S Ventures
- Series A, Jun 10, 2021, $8M — Progress Ventures, Dublin Capital Partners, Bertelsmann Digital Media Investments, Revel Partners
- Series A, Jul 15, 2020, $4M — Progress Ventures, Dublin Capital Partners, Bertelsmann Digital Media Investments, Revel Partners

## Investors

- Progress Ventures (https://capitalatlas.ai/funds/progress-ventures) — Series A, Series B
- Dublin Capital Partners (https://capitalatlas.ai/funds/dublin-capital-partners) — Series A, Series B
- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Series A, Series B
- Revel Partners (https://capitalatlas.ai/funds/revel-partners) — Series A, Series B
- S4S Ventures (https://capitalatlas.ai/funds/s4s-ventures) — Series B