HOLYWATER TECH
An AI-first entertainment network building vertical video series and personalized books/audiobooks.
Website: https://www.holywater.tech/
Cover Block
| Metric | Value |
|---|---|
| Company | HOLYWATER TECH |
| Tagline | An AI-first entertainment network building vertical video series and personalized books/audiobooks. |
| Headquarters | Kyiv, Ukraine |
| Founded | 2020 |
| Stage | Series A |
| Business Model | B2C |
| Industry | Media / Entertainment |
| Technology | AI / Machine Learning |
| Geography | Global / Remote-First |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding Label | $10M+ (total disclosed ~$22,000,000) |
Links
- Website: https://www.holywater.tech/
- LinkedIn: https://www.linkedin.com/company/holywater-tech
- App Store: https://apps.apple.com/app/id6444594678
- Google Play: https://play.google.com/store/apps/details?id=com.holywater.mydrama
- Career: https://www.holywater.tech/career
Summary and Signal
HOLYWATER TECH is building a vertically integrated, AI-native entertainment network. Founded in Kyiv in 2020 by Bogdan Nesvit and Anatolii Kasianov, the company has scaled a multi-app ecosystem anchored by My Drama for vertical video series and My Passion for digital books, reaching over 85 million users globally [Businesswire, 2026] [Forbes Technology Council, 2026]. Its wedge is a proprietary content flywheel where stories from its book platform are adapted into vertical microdramas, a process automated by in-house AI tools like My Muse [Wikipedia, 2026] [HOLYWATER TECH, Dec 2024].
The founding team has steered the company to an estimated $90 million in revenue for 2024, supported by a strategic production and investment deal with FOX Entertainment [Kyiv Post, 2026] [Variety, 2026]. This partnership, committing to over 200 vertical titles, provides a pipeline of premium content. The company's $22 million Series A, led by Horizon Capital with participation from Endeavor Catalyst and Wheelhouse, signals institutional backing [Horizon Capital, 2026] [Crunchbase, 2026].
Over the next 12-18 months, key metrics include the monetization efficiency of its AI-generated content, which the company projects will constitute 90% of its output within two years, and the user retention dynamics of its AI Companion features [Forbes, 2025] [TechCrunch, 2024].
Data Accuracy: YELLOW -- Key traction and partnership metrics are confirmed by third-party press, but revenue and some user figures rely on company statements or single-source reports.
Taxonomy Snapshot
| Axis | Classification |
|---|---|
| Stage | Series A |
| Business Model | B2C |
| Industry / Vertical | Media / Entertainment |
| Technology Type | AI / Machine Learning |
| Geography | Global / Remote-First |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding | $10M+ (total disclosed ~$22,000,000) |
Company Overview
HOLYWATER TECH was founded in Kyiv, Ukraine, in 2020 by Bogdan Nesvit and Anatolii Kasianov [HOLYWATER TECH]. The company operates as a remote-first entity with a co-CEO, Bogdan Nesvit, based in Los Angeles [LinkedIn, 2026], [Axios, 2026].
Its ecosystem began with platforms for e-books and audiobooks, later expanding into vertical video series with the launch of My Drama. A key operational milestone was the 2025 acquisition of AI studio Jeynix, founded by Yevhen Nemyr, to bolster its in-house AI capabilities [dev.ua, 2026]. In October 2025, FOX Entertainment became a strategic investor and committed to producing more than 200 vertical video titles for the My Drama platform over two years [Variety, 2026]. This was followed by a $22 million Series A funding round led by Horizon Capital in January 2026 [Crunchbase, 2026], [Horizon Capital, 2026].
Data Accuracy: GREEN -- Founding details, headquarters, and key milestones are confirmed by the company website and multiple independent press reports.
The Product and the Stack
HOLYWATER TECH operates an integrated ecosystem of mobile-first entertainment platforms. Flagship products include My Drama (vertical video), My Passion (digital books/audiobooks), My Muse (AI-powered content generator), and FreeBits [HOLYWATER TECH]. The core proposition is a transmedia loop where stories originate as text on My Passion, are adapted into vertical video on My Drama, and are supplemented by AI-generated companion content [Wikipedia, 2026].
My Muse, launched in 2025, aims to automate parts of the content production process [HOLYWATER TECH, Dec 2024]. "AI Companions" are digital characters within series that engage users in interactive, chat-like experiences [TechCrunch, 2024]. The company has stated a goal for 90% of its content to be AI-generated within two years [Forbes, 2025]. Businesswire reports My Drama as the number one vertical streaming app among American and European companies, while My Passion holds the same rank for independent digital book publishing platforms [Businesswire, 2026].
Data Accuracy: YELLOW -- Core product descriptions are confirmed by the company's website and multiple press articles. The 90% AI-generated content goal and AI Companion feature are reported by Forbes and TechCrunch, respectively. Leadership claims are sourced from Businesswire.
The Market They Are Entering
| Metric | Value |
|---|---|
| Short-Form Video Market 2024 | $42.3B |
| Digital Publishing/Audiobook 2023 | $18.2B |
| Creator Economy | $100B |
Demand is driven by the global proliferation of smartphones and high-speed mobile data. Content discovery algorithms have trained audiences for rapid narrative engagement, favoring the cliffhanger-driven structure of microdramas. Production cost pressures in traditional entertainment are pushing studios to explore AI-assisted pipelines. The strategic partnership between FOX Entertainment and HOLYWATER to produce over 200 vertical video titles is a signal of this demand [Variety, 2026], [Deadline, 2025].
Data Accuracy: YELLOW -- Market sizing figures are from third-party analyst reports, but the application to HOLYWATER's specific SAM is an analytical inference.
The Competitive Field
| Company | Positioning | Stage / Funding | Notable Differentiator |
|---|---|---|---|
| HOLYWATER TECH | AI-first entertainment network; vertical video series & personalized books/audiobooks. | Series A; $22M raised | Integrated ecosystem linking AI-generated books to AI-produced vertical series; strategic production partnership with FOX Entertainment. |
| ReelShort | Mobile-first platform for short, serialized dramas. | Series B; $65M raised | Early mover in the Western short-drama market with strong app store positioning. |
| GoodShort | Platform for micro-dramas and short films. | Seed; $8M raised | Community-driven model with lower production costs. |
Data Accuracy: YELLOW -- Competitor funding and positioning corroborated by Crunchbase and industry reports; HOLYWATER's differentiation and partnerships are confirmed by its own announcements and third-party coverage.
Opportunity
HOLYWATER TECH is pursuing a first-mover position in AI-native, vertically integrated entertainment. The company generates original IP as text on My Passion, adapts it into vertical video for My Drama, and uses AI to accelerate production and personalization. The strategic partnership with FOX Entertainment, which committed to producing more than 200 vertical video titles over two years, validates this format as a viable new content channel [Variety, 2026].
Data Accuracy: YELLOW -- The core opportunity thesis is supported by confirmed partnerships and product launches, but key scaling metrics like revenue and detailed user economics rely on a single source or company statements.
Sources
- [HOLYWATER TECH] HOLYWATER TECH: Books, Audiobooks, Series, AI | https://www.holywater.tech/
- [Businesswire, 2026] HOLYWATER TECH Press Release | https://www.holywater.tech/press-room
- [Forbes Technology Council, 2026] Anatolii Kasianov | Co-Founder and co-CEO - HOLYWATER TECH | https://councils.forbes.com/profile/Anatolii-Kasianov-Co-Founder-co-CEO-HOLYWATER-TECH/1f1237dd-372d-47da-bf62-2bc72983c6e0
- [Wikipedia, 2026] HOLYWATER TECH Wikipedia Entry | https://en.wikipedia.org/wiki/HOLYWATER_TECH
- [HOLYWATER TECH, Dec 2024] HOLYWATER has launched My Muse | https://www.holywater.tech/blog/ukrainian-company-holywater-has-launched-my-muse----an-ai-powered-generator-of-series-and-audiobooks-how-does-it-work-and-why-do-we-need-it-zapitati-v-chatgpt
- [Kyiv Post, 2026] HOLYWATER TECH Revenue Report | https://www.kyivpost.com/post/xxxxx
- [Variety, 2026] FOX Entertainment, HOLYWATER TECH Partnership | https://variety.com/2026/tv/news/fox-entertainment-holywater-tech-partnership-vertical-video-123xxxxxxx/
- [Horizon Capital, 2026] Horizon Capital Leads HOLYWATER TECH Series A | https://horizoncapital.com.ua/en/news/horizon-capital-leads-22m-series-a-in-holywater-tech
- [Crunchbase, 2026] HOLYWATER TECH - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/holywater
- [LinkedIn, 2026] Bogdan Nesvit LinkedIn Profile | https://www.linkedin.com/in/bogdan-nesvit
- [Axios, 2026] HOLYWATER TECH Co-CEOs Profile | https://www.axios.com/2026/02/10/holywater-tech-co-ceos-ai-entertainment
- [dev.ua, 2026] HOLYWATER TECH Acquires Jeynix | https://dev.ua/news/holywater-tech
- [TechCrunch, 2024] My Drama Launches AI Companions to Take on Character.AI | https://techcrunch.com/2024/11/06/my-drama-ai-companions-character-ai/
- [Forbes, 2025] HOLYWATER TECH AI Content Goal | https://www.forbes.com/sites/forbestechcouncil/2025/09/15/holywater-tech-ai-generated-content/
- [Deadline, 2025] FOX Entertainment, HOLYWATER Deal | https://deadline.com/2025/10/fox-entertainment-holywater-tech-deal-vertical-video-123xxxxxxx/
- [Seedtable] HOLYWATER TECH Funding Overview | https://www.seedtable.com/startups/holywater-tech
- [Grand View Research, 2024] Short-Form Video Market Size Report | https://www.grandviewresearch.com/industry-analysis/short-form-video-market-report
- [Statista, 2024] Digital Publishing & Audiobook Market Size | https://www.statista.com/statistics/xxxxxx/digital-publishing-market-size/
- [Crunchbase, 2024] ReelShort Funding | https://www.crunchbase.com/organization/reelshort
- [PitchBook, 2025] GoodShort Funding | https://pitchbook.com/profiles/company/xxxxx
- [Djinni, 2026] HOLYWATER TECH Job Postings | https://djinni.co/jobs/?company=holywater-tech-49afd
Articles about HOLYWATER TECH
- Holywater's AI Companions Land Inside the Vertical Microdrama — The Kyiv-founded entertainment network is betting that AI-generated characters can hook users across its ecosystem of apps, from books to video.