# VIDEOCON

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

- Industry: Internet
- Headquarters: Incheon, South Korea
- Website: www.videocon.co.kr
- Latest round: Seed (Dec 8, 2020)
- Investors on record: 1

## About

Slate Media is a video outsourcing platform specializing in connecting clients with creators through a contest-based model, streamlining video production by offering diverse and tailored content solutions.Founded in 2019, Slate Media is based in Incheon, South Korea, and operates as a video production platform that connects clients with creators. The company has engaged in 2 notable deals, with its most recent deal occurring on August 31, 2021. The company has not undergone any significant changes in strategy or operations since its inception.Videocon serves as a comprehensive video outsourcing production platform that facilitates contests to connect clients with creators. Clients can host video production contests where multiple creators submit their works, allowing clients to select from a range of entries tailored to their specifications. This model alleviates challenges in sourcing video production, making it efficient and effective for a wide variety of clients, including public institutions and businesses. With a community of over 50,000 creators, Videocon is designed to deliver customized video solutions across various markets, including South Korea and other potential Asian markets.Slate Media operates under a commission-free model, where clients engage in contest-based video creation services. Clients compensate creators with monetary prizes for their selected content, facilitating direct interactions that specify project requirements and budgets. This approach incentivizes high-quality submissions and streamlines the production process, ensuring cost-efficiency for clients. Although specific pricing plans are not disclosed, participation in contests aligns with creators' skills and client needs, fostering a collaborative marketplace for video production.Following the funding round in August 2021, where Slate Media raised an undisclosed amount in Seed funding from Venture Square, the company aims to enhance its competition system and advance web development in preparation for its official service opening. Plans for future growth include expanding its services into new geographical regions, particularly targeting broader Asian markets, to be executed alongside the advancements in web infrastructure.

## Funding rounds

- Seed, Dec 8, 2020 — Korea Venture Investment Corporation

## Investors

- Korea Venture Investment Corporation (https://capitalatlas.ai/funds/korea-venture-investment-corporation) — Seed