Jovie

Video Parody App

Non Active, Jan 2017
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Company Overview

Snapshot

Founded in February 2014 by Assaf Harel, Jovie operates with 1-10 employees. The company has raised $500,000 across one funding round from 5 investors. In August 2014, Jovie secured $500,000 in a seed financing round from investors including 2B.VC and Yaacov Gorsd.

Business overview

Jovie develops an entertaining video-creation application that enables users to participate in and create short, humorous, and viral videos from existing TV shows, movie scenes, and video clips. The core technology allows users to record their parts, which are then automatically edited with pre-made scenes to produce an original video. Jovie operates within the social media, mobile applications, video-sharing, movies, video-editing, and entertainment sectors, targeting the broader media and entertainment market.

Strategic signal

In August 2014, Jovie successfully raised $500,000 in a seed financing round. This capital infusion was critical for the company's early-stage development, particularly for supporting the creation of an Android version of its video-clip editing app, signaling a strategic expansion of its user base and platform reach.

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Company Intelligence Q&A

What is Jovie's primary product?
Jovie offers a video-creation app that allows users to record themselves into existing TV shows, movie scenes, and video clips to produce short, humorous, and viral videos.
When was Jovie founded and by whom?
Jovie was founded in February 2014 by Assaf Harel.
What was a significant early funding event for Jovie?
In August 2014, Jovie raised $500,000 in a seed financing round from investors including 2B.VC and Yaacov Gorsd.
What was the strategic purpose of the seed funding received by Jovie?
The $500,000 seed financing round in August 2014 was intended to support the development of an Android version of the Jovie app, expanding its platform availability.
What is Jovie's current operational status?
Jovie is currently in a Non Active status as of January 2017.
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