VEED.IO is a versatile online video editing platform that offers a range of AI-powered tools for creating, editing, and sharing videos. It features text-to-video capabilities, avatars, auto-subtitles, and voice translations.

Users can access a free version with basic editing features, though it includes a watermark and lower resolution. VEED.IO is praised for its user-friendly interface, extensive stock media library, and flexible templates, making it ideal for both beginners and professionals looking to produce high-quality videos directly from their web browser.

They have achieved a $40M ARR milestone this year, but in 2020 they were rejected trice from YC. Then 20 months later they bootstrapped to $6M ARR. In 2022 they raised $35M from Sequoia.