Ozone Raises $7.1 Million in Seed Round

Ozone Raises $7.1 Million in Seed Round

Ozone, a San Francisco, CA-based startup, raised $7.1 million in seed funding and has publicly launched its cloud-based video editing platform.

The funding round included support from prominent investors, including Y Combinator, NEA, General Catalyst, LGVP, Bluewatch Ventures, Polymath Capital Partners, Pioneer Fund, SOMA Capital, and Olive Tree Capital. Founders of well-known companies such as Dropbox, Tinder, and Lightricks also participated.

The company plans to use the funding for the following purposes: to further develop its AI capabilities, expand its collaborative features, and enhance the overall user experience.

Founded in 2021 by Max von Wolff, Ozone is an AI-driven pioneer in the next generation of video editing technology. The company is focused on simplifying video editing workflows and providing content creators with innovative AI-powered video editing tools and collaborative capabilities. Its cutting-edge cloud-based platform, driven by AI and collaboration, empowers content creation teams to work seamlessly together on video projects, eliminating the complexities of user interfaces and the need for arduous video file uploads and downloads.

Funding Details

Company: Ozone Technologies, Inc.

Raised: $7.1M

Round: Seed Round

Funding Month: November 2023

Investors: Y Combinator, NEA, General Catalyst, LGVP, Bluewatch Ventures, Polymath Capital Partners, Pioneer Fund, SOMA Capital, and Olive Tree Capital. Founders of well-known companies such as Dropbox, Tinder, and Lightricks

Company Website: https://www.ozone.pro/

Software Category: Video Editing Software