Vidooly aims to revolutionize video advertising by simplifying the campaign setup process for indie artists and brands, addressing challenges with existing ad networks. They have gained traction with over 150 advertisers signed up, including companies like Times Group and Hootsuite, and operate on a cost-per-view model sharing revenue with publishers. The company is seeking $X00,000 in funding to enhance their platform, expand their team, and capitalize on the growing online video market.