Pibox was created in 2017 in Ukraine by brothers Pavlo and Ivan Talaychuk. The Ukrainian-founded audiovisual collaboration platform Pibox has raised $1.2 million from investors, including Presto Ventures, Globalive Capital, and Startup Wise Guys, reports Music Business Worldwide.
The startup, registered in Los Angeles, secured funding from the Google for Startups Ukraine Support Fund in this round. It became one of 24 companies to share $100,000. Pibox noted that these funds will help add AI features to its products.
A graduate of the global startup network Techstars, Pibox developed a platform that combines content collaboration, messaging, and other file management functions. Among its current clients are Sony Music Publishing, Universal Music Publishing Group, Bleeding Fingers (founded by renowned composer Hans Zimmer), and others.
"As a product-focused founder, I’d like to talk about where Pibox is headed: our goal is to create a space for content creators (music, audio, and visual) where they feel at ease, inspired, and have fun working solo and as a team," wrote Ivan Talaychuk. He describes Pibox as "a complex but easy-to-use development."
The platform provides both private collaboration and project oversight, allowing team members to work together. Pibox also offers customizable features, including metadata management, playlist creation, custom integrations, and reporting capabilities.
Pibox claims its tools have led to an 86% increase in team productivity. The startup states that the new funds will strengthen their expansion into the U.S. market and improve their services in the music, television, and advertising industries.
In 2021, Pibox joined Techstars Toronto and raised $400,000 in pre-seed investment. The lead investor was the international accelerator Techstars, with additional investments from Adventures Lab, 70 Ventures, Presto Ventures, and Globalive Capital.
