Tech Company Financing Transactions
Rephrase.ai Funding Round
Rephrase.ai closed a $10.6 million Series A funding round on 9/15/2022. Investors included Red Ventures, 8VC and Silver Lake.
Transaction Overview
Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$10,600,000
Round
Series A
Investors
Proceeds Purpose
This investment will allow the Company to enhance its capabilities by integrating product experiences; scaling hiring across the business, including within the Engineering, AI, Product, Sales, and Marketing teams; and expanding its presence in North America.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Number 59 6th Cross Rd Agara Village 1st Block Koramangala H
Bengaluru Karnataka, 560102
India
Bengaluru Karnataka, 560102
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Rephrase, we build generative AI tools to ease video creation. We are building a tool which can take any piece of text and create a video of any person speaking that text. This can be used by HR to create training videos, personalising videos for sales, making characters speak in AR/ VR, giving a face to digital assistants, A/B testing digital ads to increase marketing ROI amongst other applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ashray Malhotra
Co-Founder
Shivam Mangla
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