Tavus, a San Francisco, CA-based artificial intelligence (AI) synthetic media startup designed for making personalized video experiences scalable, secures $6.1 million in seed funding to continue to lead in the scalable AI personalized video space.
The round was led by Sequoia Capital, with participation from REMUS Capital, Y Combinator, SV Angel, Liquid 2 Ventures, GTM Fund, Mantis Capital, Hack VC, Terra Nova, Accel, Lightspeed Venture Partners, Index Ventures, Soma Capital, and Zillionize.
This funding will allow Tavus to expand its team in order to further develop the Tavus AI video creation platform and maintain its leadership position in the scalable personalized video industry.
The company enables users to engage with their audiences through AI-generated videos that are contextual to them, allowing them to focus on what matters most, building a human connection. Tavus accomplishes this by cloning the face and voice of a user, automatically generating pixel-perfect videos that accurately imitate real people – not actors or avatars.
Tavus is designed to integrate seamlessly into existing processes and can be used across a company to promote audience engagement across the board, whether through sales and marketing campaigns, converting inbound leads, retaining customers, attracting top talent, or a variety of other use cases.
Company: Tavus, Inc.
Raised: $6.0M
Round: Seed Round
Funding Month: March 2023
Lead Investors: Sequoia Capital
Additional Investors: REMUS Capital, Y Combinator, SV Angel, Liquid 2 Ventures, GTM Fund, Mantis Capital, Hack VC, Terra Nova, Accel, Lightspeed Venture Partners, Index Ventures, Soma Capital, and Zillionize
Company Website: https://www.tavus.io/
Software Category: AI-based Video Generation Platform
About the Company: Founded in 2021 by Hassaan Raza and Quinn Favret, Tavus is an AI video generation platform that personalizes videos of you to each audience member, automatically. The company's platform uses artificial intelligence technology to generate realistic videos that perfectly imitate customers' gestures and voices, enabling clients to record once and watch the automatically generated personalized videos with one click. With just a few clicks, teams—from small businesses to enterprises—can easily share hundreds or thousands of videos specifically tailored to each member of their audience. The solution can be used in sales, real estate, recruiting, customer success, and more.
Source: https://www.tavus.io/post/tavus-seed-announcement