Simplified, a San Francisco, CA-based AI-powered content creation and marketing platform, raised $8.5 million in a seed funding round led by Craft Ventures with participation from Khosla Ventures and Wing Venture Capital.
Investors such as Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen (CPO, Calm), Manik Gupta (corporate vice president, Microsoft) Ankur Nagpal (founder of Teachable and Vibe Capital) also participated in the round.
The company will use the funds for product development, to develop machine learning models, enhance the artificial intelligence (AI) copywriting experience, and expand support into other languages.
Company: TLDR Technologies, Inc.
Raised: $8.5M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Craft Ventures
Additional Investors: Khosla Ventures, Wing Venture Capital, Uncorrelated Ventures, 8-Bit Capital, Mads Johnsen, Manik Gupta, and Ankur Nagpal
Company Website: https://simplified.co/
Software Category: AI-powered content creation and marketing platform
About the Company: Founded in 2020, Simplified is a design and collaboration platform for modern marketing teams. Simplified lets brands and content creators set up multi-channel marketing campaigns. It uses AI and machine learning to automate every aspect of the content creation process. Simplified is the all-in-one design platform where freelancers + entrepreneurs can collaborate, scale, and grow their content— effortlessly + beautifully. Five months since it was launched, it now has 150,000 new users.
Source: https://economictimes.indiatimes.com/tech/funding/simplified-raises-8-5-million-in-seed-funding-round-led-by-craft-ventures/articleshow/88122948.cms