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D-ID Acquires Berlin-Based Video Startup Simpleshow
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1 year ago

D-ID Acquires Berlin-Based Video Startup Simpleshow

Global

News Summary

D-ID, a video generation and editing platform, has acquired Simpleshow, a Berlin-based B2B video creation startup. Financial details of the deal were not disclosed. Simpleshow, which has raised over $20 million, will merge its operations under D-ID’s umbrella to enhance enterprise avatar video market capture. The merged entity will have offices in Berlin, Tel Aviv, and the United States, consolidating a team of 140 employees. Simpleshow, founded in 2008, initially operated as a video production agency for enterprises before transitioning to a SaaS-based platform. It brings over 1,500 enterprise clients, including major names like Adobe and Microsoft, to D-ID, which already offers AI-powered interactive avatars. This acquisition aims to bolster D-ID’s profitability and market position against competitors such as Synthesia and Soul Machines. D-ID has raised $60 million to date and plans to develop interactive training videos that allow user interaction.

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