Florida Funders Leads Vizetto’s Oversubscribed Seed Round

Vizetto Inc. to use earnings for operation expansion into the Sunshine State and the further development of Reactiv SUITE

Florida Funders, a hybrid venture capital firm providing early-stage capital, announced it is leading a seed investment in Vizetto. Vizetto Inc., headquartered in Toronto, CA, offers Reactiv SUITE, a software that is re-imagining how presentations are given and enabling remote teamwork from anywhere in the world for organizations. Vizetto Inc. will use the funds to execute on the business plan, hire additional staff to support sales and product development of Reactiv SUITE into 2021, as well as expand operations into Florida with the opening of a new office.

Traditional video conferencing platforms are rudimentary and antiquated. With their lack of content integration, user interfaces that hinder team interaction and no available workflows that enhance productivity, companies lose $37 billion dollars every year as a result, according to Business Insider. Vizetto Inc.’s communication platform, Reactiv SUITE, is revolutionizing the way teams communicate with each other by redefining engagement for remote workspaces. Reactiv SUITE gives users the ability to share information by creating a “Digital Table” where they can simultaneously access, push and manipulate any type of content as if it were a piece of paper.

“This is a gamechanger and an energy saver — your energy, the world’s energy. It’s essential to the new era we’re in now, and to the even newer world we’re about to enter. No going back.”

— Margaret Atwood

“The everyday corporate workplace utilizes disparate tools to communicate, such as email, messaging platforms and conferencing technologies, and is suffering from loss of productivity due to failure of truly working together,” said Avanindra Utukuri, CEO of Vizetto Inc. “Reactiv SUITE is the only solution of its kind, eliminating the challenges for teams to collaborate and communicate through the products in the suite, STAGE, SCRIBBLE and the soon available HUDDLE.”

The Reactiv SUITE includes the following products:

• STAGE: A non-linear storytelling tool that enables teams to shift focus from managing content to the narrative of a presentation. STAGE allows users to open, render, markup, and present content of any format that is routinely used to present information.
• SCRIBBLE: A brainstorming and layout tool that uses an infinite canvas, allowing you to sketch, write ideas, mark up pages and create dynamic layouts that accurately represent your vision.
• HUDDLE (Available Soon): A communications tool that allows remote employees, partners, and customers to collaborate and participate as if they were sitting in the same room. HUDDLE allows you to not only share video and audio, but seamlessly share files and even interact, ink and manipulate content regardless of your location.

“Vizetto is a perfect fit for Florida Funders’ investment portfolio as it addresses the current market’s demand for a seamless, real-time and engaging platform for companies to interact within the organization, an issue we’ve seen with other remote communication platforms during COVID-19,” said Tom Wallace, managing partner of Florida Funders. “Reactiv SUITE is the ideal solution and as the next startup hub, Florida offers Vizetto Inc. a unique opportunity to engage with large corporations based in the state who are in dire need of this platform.”

Reactiv SUITE has been implemented in daily practices for large corporations such as Ricoh Canada, a multinational imaging and electronics company, and is in the trial stage for global implementation with many Fortune 500 companies.

“We’ve all been having problems with remote meetings and presentations. And many either can’t sign important documents, or are using some cobbled-together makeshifts that are far from secure. Reactiv SUITE cuts through all that, and doesn’t waste your time,” says internationally celebrated Canadian author Margaret Atwood, a strategic investor and advisor. “Create, meet, present, explain, mark up, refine on the fly, conclude — it’s all right there in front of you. You can easily access, manipulate, and discuss content and ideas drawn from all types of media, and in a nanosecond you can sign and execute securely, as well. This is a gamechanger and an energy saver — your energy, the world’s energy. It’s essential to the new era we’re in now, and to the even newer world we’re about to enter. No going back.”

Florida Funders, the top VC in the state of Florida, is the only platform of its kind working to assist startups in Florida from ideation to growth, and ultimately, to exit. Through its community of over 1,400 accredited investors, proven track record of successful exits, and a seasoned, dedicated team, its work is evolving Florida’s startup and business ecosystem and has raised $17.54 million for 20 startup companies within the last year.

About Vizetto

At Vizetto, we develop software that enables remote creativity for global clients, in technology-equipped, professional environments. Through our software platform, Reactiv SUITE, Vizetto is changing the way the world communicates, empowering users’ abilities to share, collaborate and ideate ideas across teams from anywhere in the world.

About Florida Funders, LLC

Florida Funders is a hybrid venture capital fund and early-stage investment platform led by a team of investors, innovators and senior-level executives focused on transforming Florida from the Sunshine State to the Startup State. We propel investment by utilizing our community of investors, network of partners and a unique platform that provide stransparency, fosters communication and empowers strategic relationships. For more information on Florida Funders, please visit www.floridafunders.com. Keep up with the latest news from Florida Funders on Facebook, Twitter, and LinkedIn.