Shootsta. Elevate: New AI-based DIY video creation app for sales teams. Shootsta’s Elevate app helps sales teams to easily create personalized branded videos for their prospects. The app contains pre-set scripts, an in-app autocue video, and options for branding and cutaway vision. Once the raw footage is submitted, the video is automatically edited within three minutes by the tool’s AI, the company claims.

Stampix. Stick that photo on your fridge without a magnet. Stampix is rolling out magnetic paper photo prints. 

CrowdAI. DIY AI building platform raises $. CrowdAI, a computer vision development platform, closes a $6.25 million series A financing round led by Threshold Ventures. The fundraising coincides with the launch of the startup’s new solution for customers to create AI based on an analysis of images and videos. Its newest release requires no coding to create your own training models.

Sensor Tower. Doodling with your photos & videos during the pandemic? According to Sensor Tower, you're not alone. Average per-device spending among active US iPhone users in the photo & video app category in 2020 was $9.80, up 56% from the $6.30 spent in 2019 – the largest YoY increase among all app categories.

Pew Research. YouTube is the big winner in our pandemic era. YouTube saw usage grow from 73% of U.S. adults in 2019 to 81% in 2021 (adults answering the question “do they ever use …”). Facebook remained stable at 69%. At great distance comes Instagram at 40%, followed by Pinterest, LinkedIn and Snapchat. New in Pew’s measurement is TikTok, which was used by 21% of the U.S. adults.
These numbers, of course, differ greatly for age. Of those age 18 to 24, 76% report using Instagram, 75% use Snapchat and 55% use TikTok.

Pinterest buying VSCO? Photo publishing and photo creation platforms are talking. From the rumor mill but one that is hard to ignore: the NYT. “Discussions are ongoing,” according to “two people with knowledge of the matter.” Pinterest has a market capitalization of about $49 billion, while VSCO has raised $90 million in funding and was last valued at $550 million.

Pinterest. Launching a Creator Fund to pay influencers. Pinterest launches a $500,000 fund aimed at creators from under-represented backgrounds. While the amount is small compared to TikTok’s $200M fund and Snapchat’s Spotlight initiative, which has paid out millions to users who create the most popular videos, it stands out by focusing on creators from under-represented backgrounds.

Snap. Launching a selfie drone? How about checking in with GoPro first? Snap is rumored to launch a selfie-drone – which would turn it more and more into the camera company it intended to be. Snap previously invested in Zero Robotics, a start-up that developed a folding camera drone. But drones ain’t easy, as GoPro found out the hard way.

GumGum. Bye bye retargeting; yay for AI-based contextual ads. Past Visual 1st presenter GumGum raises $75M, upping its valuation to nearly $700M, while almost tripling its valuation from its most recent funding round in 2019. GumGum provides solutions for contextual advertising: targeting ads by placing them close to relevant content. GumGum uses computer-vision and natural-language processing technologies to scan and analyze text, images, video and audio to help match ads to content. In other words, their solutions are increasingly relevant now that Apple and Google are limiting the ability for advertisers to track users and retarget them across multiple sites.

Google. Revamping Google Photos video editorGoogle is rolling out its revamped video editor, adding cropping options, individual frame exports, horizon correction, and audio removal to the mix. In addition, it also supports various color correction options, plus the filters you know from the app's image editing tool.



Best,

Hans Hartman