GlossAI, a company creator of a smart AI video generator, secured $8 million in a seed round led by New Era Capital Partners with the participation of several ventures. GlossAI’s innovation enables an efficient and fast creation of high-quality content suitable for multiple audiences. The funding will encourage development within the technical capabilities of GlossAI’s AI technology and will contribute to global expansion. Further, the financing will be used for the development of additional AI-driven products and to increase revenue generation.
We’re allowing organizations to be omnipresent, generating targeted content at scale with fewer resources
- Ofer Familier, one of the founders and CEO at GlossAi
The company was founded in 2021 by three already-experienced entrepreneurs - Ofer Familier, Eyal Koren, and Adi Paz. The concept behind GlossAI is a response to the attention span issues that have been raised within audiences in the last couple of years. The company offers a smart AI video generator able to transform any type of content into attention-grabbing short videos, blog posts, and other catchy types of content. The AI technology that the company developed analyzes text, tone, tempo, facial expressions, and audience engagement to reach the human likeness level of content generation.
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.
- Ofer Familier
GlossAI’s AI innovation can significantly disrupt the content creation industry by offering high-quality attention-catching content generated considerably quickly. The AI video generator enables an automatized transformation of content with high value but long consumption requirements to multiple short pieces. The company offers a promising solution to the issues that companies are encountering in their attempts to expand audiences and influence.