AI Startup Clueso Raises $10 Million for Video Automation
AI video startup Clueso has secured $10 million in Series A funding led by Dharana Capital. The company plans to use the capital to expand sales and marketing operations and further develop its AI agents.
AI video startup Clueso announced on [Insert Date of Article Publication] that it has raised $10 million in a Series A funding round, led by Dharana Capital. The round also included participation from new investors Founders Future and Neotribe Ventures, as well as existing backers Y Combinator and F7 Ventures.
Clueso intends to allocate the fresh capital towards expanding its enterprise sales and marketing efforts and enhancing the AI agents that power its platform. The company also plans to improve its video editing capabilities and deepen integrations with business information systems.
Founded in 2023 by IIT Madras alumni Akash Anand, Prajwal Prakash, and Neel Balar, Clueso provides a platform for businesses to create and update videos using AI agents. The startup's technology identifies gaps in existing video content, captures software workflows, and generates videos with scripts, voiceovers, animations, and captions.
The company reports serving over 1,000 paying customers globally, including Atlassian and GitLab. Approximately 65% of its customers are located in the US, with 20% in Europe and 10-15% in India. Clueso aims to expand its enterprise integrations and customer base over the next 12-18 months, while further automating the video production process.