Startup Business Name: Renderforest
Tagline: Online video creation platform
Founder/Founders: Narek Safaryan
In a few sentences, tell us what your startup is all about!
Renderforest is an online video creation platform, which helps businesses and individuals to create broadcast quality videos inside their browser without any knowledge in video editing. They can create explainer animations, promotional videos, slideshows, intros, music visualizations and more. Everything is done inside the browser and creating a high quality explainer video will take no more than 10 minutes.
When was your startup founded? And what stage is your startup currently at?:
The startup was founded in 2013.
If applicable, what is your growth like? And what milestones has your startup achieved so far?:
First milestone our startup has reached was to get it’s first 1 million users and 2 millions created videos. We’ve reached it 2 years ago. For now, we have more than 3 million and more users who have created 5 million and more videos. Our next milestone is to have our Mobile App available for iOS and Android devices for this year.
Why did you choose this particular idea and concept to build your start-up on?:
The idea of the platform was born in 2013. At that time, we were only engaged in producing handcrafted animation videos. We mainly worked with startups and the practice showed that many of them didn’t have enough funds to order corporate animation videos. They had to buy them from the websites selling templates and pay money to a specialist who would turn them into corporate videos. If the budget of the startups was not sufficient to hire a specialist they could try to edit the templates on their own which is a pricey, complicated and time-consuming process. They were also services which did offer online video production, but the quality was not the one, which could be similar to pro explainer videos. The market lacked “the golden mean” which would overlap the two segments. That’s why we decided to create Renderforest early 2013.
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