Typeface Raises $65 Million in Funding   

by Kay Aloha Villamor in February 28th, 2023

Typeface, a San Francisco, CA-based generative AI application for enterprise content creation, launched with an oversubscribed $65 million in funding.

The company emerged from stealth to empower businesses to securely create exceptional, brand-personalized content faster and easier than ever before. 

The investment was from Lightspeed Venture Partners, GV (Google Ventures), M12 (Microsoft's Venture Fund), and Menlo Ventures. 

"By adding brand affinity to generative AI, Typeface allows enterprises to harness their collective creative power for unique expression of their stories and imagination," says Typeface CEO and Founder, Abhay Parasnis. "Now, any company can transform content into a value multiplier, connecting every department and empowering employees to achieve their creative and storytelling goals."

The company’s new product provides complete lifecycle content development with self-serve solutions to create with ease, speed, and brand authenticity across all departments, including marketing, advertising, customer support, sales, HR, and more.

Company: Typeface, Inc.

Raised: $65.0M

Round: Unknown

Funding Month: February 2023

Lead Investors: Lightspeed Venture Partners, GV, M12, and Menlo Ventures

Additional Investors: 

Company Website: https://www.typeface.ai/

Software Category: AI Content Creation

About the Company: Led by CEO and Founder Abhay Parasnis, Typeface is a generative AI application to supercharge personalized content. The company provides industry-first self-serve solutions for complete lifecycle content development. Typeface generates personalized blogs, Instagram posts, and websites for businesses using ChatGPT and stable diffusion models. By uniting content velocity with brand personalization and control, any enterprise can now create exceptional, on-brand content faster and easier.


Source: https://www.prnewswire.com/news-releases/typeface-emerges-from-stealth-with-a-generative-ai-application-for-enterprise-content-creation-and-65-million-in-funding-301756660.html



 


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