Shorthand, the Australian startup behind a no-code platform that enables publishers and types to create multimedia tales, has raised $10 million Australian (just below $8 million U.S.) from Fortitude Funding Companions.
CEO Ricky Robinson informed me by way of e-mail that that is Shorthand’s first institutional spherical of funding, and that the corporate has been worthwhile for the previous two years.
“We’ve been fortunate sufficient to develop to the place we’re in the present day by a wholly inbound, natural mannequin that leverages the gorgeous content material that our prospects create in Shorthand to generate leads,” Robinson wrote. “However we’ve been testing different channels with some success and the time is correct to ramp up these different advertising initiatives. That’s the place we’ll be spending this funding, whereas additionally investing closely in our product to maintain Shorthand on the chopping fringe of storytelling innovation for the net.”
These prospects embrace the BBC, Dow Jones, the College of Cambridge, Nature, Manchester Metropolis FC and Peloton. For instance, BBC Information used Shorthand to create this story about searching for dinosaur fossils.
The Shorthand web site extols the virtues of “scrollytelling,” the place a reader can set off fascinating transitions and results just by scrolling by the story. Robinson urged that it is a solution to make tales really feel interactive and fascinating “with out asking your viewers to learn to work together with it.”
As you’ll be able to see within the demo video above, Shorthand affords a reasonably simple drag-and-drop interface for including totally different textual content and media components, in addition to results. Robinson mentioned that not like different instruments like Webflow and Ceros, Shorthand was designed for use by editors and writers. And though Shorthand does assist using themes and templates, he mentioned that’s not sufficient.
“You’ll want to present flexibility with out making writers get into the weeds of net design or making them use sophisticated design instruments,” he wrote. “The main focus ought to be on the degree of story design, not net design, and that’s actually what units Shorthand aside, and it’s why our prospects are capable of persistently produce extremely participating, award-winning content material for his or her audiences.”
The corporate additionally says that demand has solely elevated in the course of the pandemic, with utilization quadrupling within the fourth quarter of 2020 and subscription income up 8.8% month-over-month in February of this yr.
“The platform affords a uncommon mixture of highly effective output and ease of use for content material creators,” mentioned Fortitude Accomplice Nick Miller in an announcement. “It’s clear why the phrase is spreading concerning the Shorthand story and what it may well do for digital communication.”