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Leading AI-driven video generator, GlossAi secured $8 million

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GlossAi secured $8 million

GlossAi, AI-driven video generator that enables businesses to quickly produce multi-audience content at scale using generative AI capabilities, raised $8 million in a seed round.

GlossAi, an AI video generator created in 2021 by Ofer Familier, Eyal Koren, and Adi Paz, storifies current content to produce shareable, brief videos that increase interaction. Any single piece of material may be transformed into numerous quick videos, blog pieces, and a variety of channels and use cases.

Leading AI-driven video generator, GlossAi secured $8 million

“We’re allowing organizations to be omnipresent, generating targeted content at scale with fewer resources, Our customers are seeing a 30-40% uptick in engagement with up to 70-80% cost reduction. Based on the creative ways our enterprise customers are using our technology, we see webinars with their own trailers, podcasts promoted on TikTok, eBooks created from classes, and more.”

said Ofer Familier, Co-Founder and CEO at GlossAi.

Guidestar Ventures, 97212 Ventures, MindCET Ventures, Ginossar Ventures, Maccabee Ventures, Rafi Gidron, Zipris Family, and other investors joined New Era Capital Partners in leading the investment round.

With this financing, GlossAi will be able to broaden its reach internationally and build out more sophisticated AI capabilities for its platform.

Congratulations team GlossAi from team SpotSaaS

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Author

  • Anisha Jain

    Anisha Jain, a dynamic professional in the sports SaaS industry, transitioned from economics to digital marketing, driven by her passion for content writing. Her tenure at TBC Consulting culminated in her role as CEO, where she honed her skills in digital strategy, branding, copywriting, and team management. Anisha's expertise encompasses various aspects of digital marketing, including 360-degree marketing, digital growth consulting, client communication, and business development, making her a versatile asset in the SaaS domain.

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