Expon Capital Digital Tech Fund III has announced its first investment in Videobot, a leader in online customer engagement through personalized video technology, raising 2 million EUR to accelerate growth in Europe and the US.

Overview of Videobot

Videobot is an innovative leader in online customer engagement, specializing in the delivery of personalized and interactive video content. By uniquely combining chatbot functionality with video technology, Videobot has developed a platform that transforms how businesses communicate and engage with their customers. Established only a year ago, the company has experienced rapid growth, acquiring over 200 clients across 15 countries and diverse industries.

The platform’s key features include on-demand product demonstrations and simplification of complex product information, enabling businesses to significantly enhance customer acquisition strategies. Clients utilizing Videobot have reported remarkable improvements, such as a 98% increase in customer engagement, 150% longer time spent on websites, and a 36% uptick in sales lead volume.

Industry Overview in Europe and the US

The digital communication landscape is rapidly evolving, with video content playing an increasingly pivotal role. Currently, 80% of internet traffic comprises video, presenting a massive opportunity for businesses