Pictory, a Seattle WA-based provider of AI-powered video solution that empowers content creators and marketers to edit and produce videos automatically and at scale, raised $2.1M in Seed funding.
The round was led by Fuse with participation from Voyager Capital, Bill Bryant, Omri Bahat and Bharat Shyam.
The company intends to use the funds to expand its sales and marketing efforts as well as accelerate product development. With this round of funding, Pictory will further accelerate its AI-powered innovation to handle various video use cases such as extracting key messages from long-form video and text content, searching for the best visual to accompany a social post, selecting the best music track to pair with the video, text-to-speech rendering, transcribing a video, create video highlights, and more.
Founded in 2019 by Vikram Chalana, Abid Mohammed, and Vishal Chalana, Pictory provides an AI-powered video solution that enables content creators and marketers to edit and produce videos automatically in minutes and at scale. Over 5000 customers globally utilize it to create video highlights, edit videos using text, add captions to videos, repurpose existing long-form content such as webinars, podcasts, blogs into social snippets.
FinSMEs
04/01/2022