Emovid, a platform built to enable unified and asynchronous video, text, and audio communication for businesses, announced its seed funding round closing, bringing total funding to nearly $7 million. The seed funding round was led by o-kaisha Investments, the investment arm of the Oki Family Office (Scott Oki led the first billion dollars worth of sales for Microsoft).
This investment marks a significant milestone in the company’s mission to transform business communication by delivering authentic, face-to-face interactions asynchronously.
Emovid was partly created to respond to widespread frustrations with standard video conferencing and inefficient and long e-mails. And research has shown that unproductive meetings cost the U.S. business world as much as $224 billion per year, and the average knowledge worker still spends 2 to 3 hours daily in their e-mail. At the same time, many businesses are contending with a growing number of deepfaked or AI-generated video and text communications from malicious sources.
The Emovid platform enables for communication via unscripted 2-5 minute videos instead of long pre-scheduled meetings or lengthy e-mails. And the platform enables for options like background blurring or facial smoothing through AI filters while maintaining transparency through a patent-pending Seal of Authenticity that shows exactly what elements of the video have been altered. This ensures hiring managers, executives, and staff cannot tricked by a deepfake or a manipulated video or e-mail.
This funding round will enable Emovid to:
1.) Expand product availability through additional, more flexible product tiers that will open up Emovid to wider audiences.
2.) Invest in GenAI features to ensure that users look video-ready without losing the microexpressions that make up a vital part of nonverbal communication.
3.) Secure strategic distribution and marketing partnerships to amplify the core purpose of the business: helping companies prepare for an AI-centric world by maintaining relationships and authenticity.
KEY QUOTES:
“At a time when businesses need to stand out and build real human connections, Emovid has proven that authenticity and productivity can coexist. I have spent my entire career focused on ensuring that business can also be a force for good – and this is such a perfect example of that combination.”
– Scott Oki
“Emovid’s vision is to provide an asynchronous way for professionals to connect on a deeper and more authentic level. Over the past year, we have demonstrated that our features solve real problems for our customers, and we are now ready for a full product launch and further development of our generative AI capabilities.”
– Victor Cho, Emovid’s CEO
