Tech Company Financing Transactions
Wisecut Funding Round
Wisecut closed a $1 million Seed funding round on 8/7/2023. Backers included Draper Associates.
Transaction Overview
Company Name
Announced On
8/7/2023
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Seed
Investors
Draper Associates (Lead Investor) (Tim Draper)
Proceeds Purpose
The company intends to use the funds to enhance AI algorithms and machine learning models, optimizing performance and speed, improving the user interface and experience, integrating with popular cloud services, and strengthening the customer support and community engagement.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1000 Brickell Ave 715
Miami, FL 33131
USA
Miami, FL 33131
USA
Phone
Undisclosed
Website
Email Address
Overview
Wisecut is reimagining video editing by using AI and Voice Recognition to edit videos automatically. Wisecut helps you post engaging video content in minutes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ivo Machado
Co-Founder
Vicente Machado
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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