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Voxpopme, a Birmingham-based leading video feedback and analytics company, today announced that it has closed a £7.5m Series A1 equity financing round.
End-to-end video research solution powered by proprietary technology
£2.75 million development capital
Voxpopme, a Birmingham-based leading video feedback and analytics company, today announced that it has closed a £7.5m Series A1 equity financing led by Origin Ventures, with participation from Mercia Technologies and NVM Private Equity (NVM). The Company intends to use the capital to meet the growing enterprise demand for real-time video feedback and to fund further investment in the platform.
Voxpopme’s SaaS platform helps business leaders build great brands, products and experiences with real-time, consumer-recorded video feedback. The impact of video feedback and real, human stories in modern businesses has driven the rapid adoption of Voxpopme, resulting in triple-digit year-on-year annual recurring revenue growth. The platform is trusted by Airbnb, Clorox, Mars Wrigley, Mondelez and many more of the world’s leading brands.
Michelle Gansle, Global Insights Lead at Mars Wrigley Confectionery, commented; “In the world of big data, video plays a key role in bringing the ’why’ to the ‘what’ as well as keeping us connected to real humans. Voxpopme is an easy to use platform that gives us the richness and depth of video feedback at a speed we can use to better understand consumer behavior, bring empathy to our associates and help shape decisions.”
Voxpopme is leading a shift in the way brands leverage consumer opinions, capitalising on an explosion of video applications in the B2B space. Since being founded in 2013, the company has re-imagined the market research and customer experience landscapes by capturing qualitative feedback using video as a medium. By leveraging consumers’ comfort with video and shortening the analysis and editing processes required to find insight, Voxpopme meets the growing demand for fast, rich, and emotive qualitative insight.
Voxpopme will use this investment to meet the growing appetite for video feedback by further enhancing its platform and adding to its global team. The Company is actively recruiting for additional positions in both its Birmingham, and Salt Lake City, US, offices. Positions are available here; https://site.voxpopme.com/careers/.