Prague-based Get Moments, which develops an AI-based platform to create personalized concert videos using fan footage, has secured a €500,000 funding round from Purple Ventures, as announced to Vestbee.
- Founded in 2022 by David Novak and Přemysl Koudela, Get Moments develops an AI-powered platform that combines user-generated content (UGC) and visual AI to create personalized, high-quality videos from fan footage captured at concerts, festivals, and sports events.
- Get Moments' platform analyzes and processes fragmented footage from multiple attendees to create personalized video experiences for each fan, enhancing audience engagement and unlocking new revenue streams for event organizers.
“The tool performs a visual analysis of all the collected data, followed by post-production. We can combine the footage to prioritize shots of a specific attendee and their friends over those of other fans, and if desired, enhance it with professional content created by the organizers," Co-founder of Get Moments, Přemysl Koudela, stated in a press release.
- Get Moments was tested at the Rock for People and Pohoda festivals. At Hungary's Sziget festival, attendees submitted over 30,000 videos. During a Ben Cristovao concert at the O2 Arena, nearly 2,000 unique videos were created, with 48% shared by fans, reaching over 600,000 views on social media.
Details of the deal
- The fresh funding came from Purple Ventures, a venture capital firm based in Brno, which recently launched its second fund with a total of €40 million. The firm plans to continue its investment strategy by focusing on startups in the CEE region with teams across the European Union.
"We believe Get Moments will gradually build a unique content database. We were impressed by the founders' enthusiasm and professionalism, and we’re excited to support this innovative startup,” Partner at Purple Ventures, Jan Davídek, stated in a statement.
