2 SaaS Startups in the Digital Entertainment Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Digital Entertainment industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Digital Entertainment industry.

Niio

The largest digital art distribution network in the world is called Niio: (Mall Powered by SAAS) A purpose-built network or platform that connects everyone involved in preserving, promoting, and profiting from digital art The largest community of eminent worldwide artists, curators, and galleries - The largest inventory of premium video and media art available on demand - A high-end, lifestyle and art company that pioneered the genre a comprehensive technological framework supporting the entire lifecycle of a digitally created work, from storage and self-publishing to rights-managed distribution and, finally, the playback of multi-format art on any type of display, is supported by a blockchain-enabled commerce engine and a stack of specialized software tools. In our opinion, the loud digital world of today is giving way to a new visual culture that may inspire and unite people. We built Niio to become the go-to platform for this media and the benchmark for interacting with people worldwide.

Company details:
Founders:
Oren Moshe, Rob Anders
Founded:
2014
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
Niio
Industries:
Art, Content Delivery Network, Digital Entertainment, Digital Media, Digital Signage, Marketplace, Publishing, SaaS, Video, Virtual Reality
Latest funding:
$15,000,000
Series A
21 September 2021
Total funding:
$20,500,000
Investors
L Catterton, Entrée Capital, Ron Zuckerman, Taya Ventures, PICO Venture Partners

StellarAlgo

Stellaralgo assists businesses in gathering, analyzing, and utilizing the data necessary to make wise business choices. It allows live audience business decision-making through its SaaS data platform, empowering properties to design the finest experience for the most ardent fans on the planet.

Company details:
Founders:
Vincent Ircandia
Founded:
2016
Based in:
Calgary, Alberta, Canada
Website:
StellarAlgo
Industries:
Analytics, Data Visualization, Digital Entertainment, SaaS, Software
Latest funding:
$10,410,201
Series A
10 November 2021
Total funding:
$15,712,949
Investors
RBC Capital Markets, NewBound Venture Capital, Thin Air Labs, Bluesky Equities, David Finocchio

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