Back to Blog

VideoPeel Raises $1.5 Million

Techstars Boulder graduate will use the growth capital to expand VideoPeel's automated remote capturing and publishing video testimonial technology.

LEHI, UT / ACCESSWIRE / July 17, 2020 / VideoPeel, the automated video testimonial platform for remotely capturing and publishing customer videos, announced a new $1.5 million round of funding. The round is led by Active Capital, a top tier seed firm for B2B SaaS companies outside of Silicon Valley, with other participants including Next Coast Ventures, eonCapital, and angels from Utah, Texas, California, New York, and Brazil.

"While leading product marketing for Facebook ads management and insights, it was clear to me that consumers were losing trust in advertisements and that businesses didn't have the kind of content they needed to tell their story more authentically." says CEO and Cofounder Patrick Tedjamulia, "I left Facebook to fix this. Over the last four months VideoPeel has captured and published video testimonials and reviews for thousands of businesses, and our videos have been viewed over 10 million times."

VideoPeel makes it extremely easy for people to send businesses video testimonials or video reviews. There is no file editing needed, no need to upload to a file sharing service like Dropbox, and no need to upload to a video hosting service like YouTube. One click to record, submit, and share permissions so businesses can publish authentic customer videos to their website and other channels. Video testimonials increase conversions by 24%, build authenticity and trust, and increase engagement three times more than other marketing content.

"Video actually carries so much more weight than a written review. Written reviews are awesome, but the video lets you see the difference. Hearing from the customers, in their own words, makes a massive difference for our business. With VideoPeel, we were able to start getting video reviews that now get published on our site, and that process has been really, really easy. I highly recommend it. If video could be important to your business, you should definitely give it a try, because VideoPeel makes it easy," said Tim Mitchum, President of WINPRO. Click here to view Tim's video testimonial.

"Almost every business in the world wants to better connect with potential customers on web and mobile," said Pat Matthews, founder and CEO of Active Capital. "VideoPeel makes it incredibly easy for existing customers to help future ones make buying decisions through recorded reviews and testimonials."

How VideoPeel works:

  • Automate requests for customer videos after someone purchases your product or service.
  • Remotely capture customer videos from any device, anywhere in the world. No app download, no login required. Just click and record.
  • Customize VideoPeel campaigns with your own branding, include specific instructions with videos, images, or text, utilize multi-prompts, request permissions, and customize thank you messages.
  • Automatically transcode, encrypt, transcribe, caption and manage videos in a private repository.
  • Publish customer videos to your own website, Shopify store, etc. through our VideoPeel Video Testimonial Carousel Player, or our VideoPeel Video Testimonial Picture in Picture Player. Plus, share videos directly to YouTube, Facebook, Amazon, and other channels, or customize your own video landing pages.
  • Generate consumer insights and analytics that help businesses optimize video performance and better understand their customers.

To learn more about VideoPeel, book a demo or contact us directly here.

Share on social media: 

More from the Blog

Put Your Customers First: Customer Advocacy Strategies

Unfortunately, too many organizations view customers as little more than transactions. And when the customer relationship becomes completely transactional, businesses miss out. Alternatively, companies that make customer advocacy their primary focus can turn their buyers into true partners for ongoing success. Here, we discuss customer advocacy—what it is, why it’s important, and how you can apply customer advocacy strategies in your business to put your customers first.

Read Story

Clever Ways To Ask For Reviews

It’s no secret that today's market is extra competitive as more and more businesses are working to fit into a digital world. One way companies are paving their own path online is by asking clients and customers for reviews—you can make your products stand out from other competitors and create more brand awareness with reviews from happy customers. People spend a lot of time online and interacting with different brands and reviews is certainly an important part of your marketing plan. Potential customers want to know what they’re getting into when interacting with your business and current customers want to know that their thoughts and feelings matter.

Read Story

Client Testimonial Templates

A well-designed testimonial template can make all the difference in turning a potential lead into a buying customer. It is no secret that testimonials are an essential step in a buyer's conversion path. In fact, studies have shown that simply having testimonials on a sales page can increase conversions by up to 30-50%. If that’s not enough, 92% of B2B consumers are more likely to purchase after reading a trusted review/testimonial: Needless to say, their importance shouldn’t be underestimated.

Read Story

Never miss a minute.

Stay up to date on product features, integrations, and news!