Tavus, a San Francisco, CA-based generative AI video research company, raised $18 million in Series A funding.
The company introduces the beta release of its developer platform, offering access to proprietary models via APIs. The platform enables product teams to leverage AI for creating engaging video experiences in sales, marketing, and online learning.
SaaS Investors
The round was led by Scale Venture Partners, with Rory O’Driscoll joining the board. Sequoia Capital, Y Combinator, HubSpot, and others also participated.
Founded in 2000, Scale Venture Partners is a venture capital firm that invests in Series A and Series B rounds. Based in Foster City, California, the firm prefers to invest in software as a service and cloud tech sectors.
Tavus Use of Funds
The company will use the funds to accelerate product and model development, with plans to expand sales in enterprise and mid-market across various sectors.
About Tavus
Founded in 2020 by Hassaan Raza and Quinn Favret, Tavus is a company on a mission to make hyper-personalized video possible at scale. They build advanced AI models in digital replicas, lip-syncing, dubbing, and text-to-video, and have capabilities in scaled personalized video orchestration. Its technology is available to users via our web app and to developers via APIs. The Tavus developer platform provides end-to-end models and APIs for generative talking-head videos, with the Replica API already available in Beta. Tavus is helping users in sales, marketing, product, online education, internal communications, and entertainment revolutionize video strategies—and set a new standard in digital engagement. Headquartered in San Francisco, CA.
Funding Details
Company: Tauvus
Raised: $18.0M
Round: Series A
Funding Month: March 2024
Lead Investors: Scale Venture Partners
Additional Investors: Sequoia Capital, Y Combinator, HubSpot
Company Website: https://www.tavus.io/
Software Category: Video Personalization
Source: https://www.businesswire.com/news/home/20240313207172/en/