Vyrill

Vyrill

Vyrill, a Google for web/social/mobile video, empowers video commerce for brands

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Security Type
Convertible Note
Categories
Media
Min Investment
$250
Location
San Francisco, CA
Offering Date
October 08, 2020
Expected Close Date
February 08, 2021
Target Raise
$50.00K-$1.07M
Deal Notes

Interest: 3%

Discount: 20%

Company Description

Vyrill has trained machines to capture, watch and understand millions of videos on social, web or smartphones to help brand marketers increase revenue and find new customers by leveraging user generated video such as video reviews, feedback, unboxing, how to videos (and more) for insights, demand-generation, licensing and content marketing.In 5 years, we hope to be the world's largest premier video commerce platform enabling video led shopping experiences from search to product page to shopping cart. These are forward looking projections and are not guaranteed.

Key Deal Facts

Vyrill offers deep AI driven video insights through the most powerful in-video search on the market
Our AI machines watch & listen to videos to analyze text, audio and images online
Tools to capture, view and license brand-safe, authentic user generated videos (UGV) fast & at scale
Brands can take immediate action on trending, new & authentic content from one dashboard
85% of consumers say that video led shopping experiences are the best to make purchase decisions
For a richer, multi-media video led experience that influences shopping decisions and behavior
Immediately react to negative, un-safe and damaging brand content and reduce video fraud
Brands love we offer zero integration to start and ROI within 72 hrs of video aggregation & analysis

Use of Proceeds

$50,000 

  • 40% towards sales and marketing activities
  • 25% towards hiring one UI/UX engineer
  • 15% towards infrastructure growth
  • 13.5% towards advertising campaigns
  • 6.5% towards Wefunder fees.

$1,070,000 

  • 35% towards sales and marketing activities including hiring an account executive and product marketing
  • 40% towards hiring UI/UX engineers, API engineer and full stack developer
  • 18.5% towards infrastructure growth
  • 6.5% towards Wefunder fees.

Management Team / Advisory Board Bios

Ajay Bam
CEO & CO-FOUNDER - Vyrill.com
Ajay built and sold a mobile shopping app company in 2009 and has been studying shopping behaviors for 15+ years.

Dr. Barbara Rosario
CTO & Co-founder
Doctor of Philosophy (Ph.D.) focused in Computer Information Sciences. Skilled in Artificial Intelligence, Human Computer Interaction and Mobile Technology.

Deal Notes

Interest: 3%

Discount: 20%

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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