Stringr

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Stringr
Company typePrivate
IndustryVideography
Founded2013
FoundersLindsay Stewart (CEO)
Brian McNeill (COO)[1]
Headquarters,
United States
ProductsFreelance videographer marketplace
Websitestringr.com

Stringr is an American videography digital marketplace company linking media organizations and freelance videographers (or stringers) based in New York City.[2] Stringr's product WeatherGen, is an on-demand AI-powered weather forecast video generator which transforms the way weather reports are produced.

History

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Stringr was founded in November 2013[3] by Wharton graduates Lindsay Stewart (CEO) and Brian McNeill (COO).[4] It was developed as part of the San Francisco-based startup accelerator, Matter.[5] By September 2014, the company had raised $550,000 from various angel investors.[4] Stringr's mobile app initially launched in San Diego and was in 10 markets by March 2015.[6]

In December 2015, the company raised $1.5 million in a funding round led by Matter, Signia Ventures, and Founder.org.[7] By July 2016, the platform was available in 200 U.S. markets with several media partners, including The Washington Post and Associated Press.[8] In October 2018, Stringr closed a $1-million funding round led by the Associated Press, McClatchy, Advection Growth Capital, and G5 Capital, bringing its total funding to $4.6 million.[2] In April 2019, it introduced a live streaming feature,[9] and the following month, the service was launched in the United Kingdom.[10] In June 2019, the company integrated with TVU Networks for live coverage.[11] In August 2019, Stringr partnered with Reuters, an international news organization. This integration lets Reuters Connect clients utilize Stringr's collection of video, as well as video editing services.[12][13] In May 2020, Stringr raised an additional $5.75 million from Thomson Reuters, as well as G5 Capital and Advection Growth Capital, to total their funding at $7.25 million.[14]

References

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