Flamel.ai, a Cincinnati, Ohio-based startup that provides an AI-generated content design studio, has raised $2 million in funding as it continues to build out its product offering.
The round was led by Dundee Ventures, with participation from Allos Ventures, Elevate Ventures, and Flywheel Fund.
The funds will allow Flamel.ai to grow its team and build out its product. The company will continue to expand access on a rolling basis.
"We are thrilled to have the support of such high-quality investors as we begin to launch our platform," said Paul Ehlinger, co-founder and CEO of Flamel.ai.
Flamel’s platform aims to make social media marketing easier for businesses of all sizes. In a matter of seconds, the company’s platform currently allows users to create a Facebook or Instagram post and later, radio ads and TikTok videos
Company: Flamel AI, Inc.
Raised: $2.0M
Round: Unknown
Funding Month: January 2023
Lead Investors: Dundee Ventures
Additional Investors: Allos Ventures, Elevate Ventures, and Flywheel Fund
Company Website: https://www.flamel.ai/
Software Category: AI-powered Content Creation
About the Company: Founded in 2022, Flamel.ai is a fully AI-driven design studio for marketing content. In a few clicks, it'll allow users to create content for Instagram, Twitter, LinkedIn, TikTok, and other platforms. Flamel generates the text and image at the same time, creating an original image using latent diffusion models. Flamel opened access to its private beta, with more than 100 brands signed up. The company's mission is to make marketing magic.
Source: https://www.bizjournals.com/cincinnati/inno/stories/fundings/2023/01/16/startup-flamel-ai-pre-seed-funding-dundee-allos.html