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Today: November 19, 2024
March 13, 2024
1 min read

Tavus Secures $18M in Series A Investment

TLDR:

  • Tavus, a generative AI video research company based in San Francisco, raised $18M in Series A funding led by Scale Venture Partners.
  • The company plans to use the funds to accelerate product development, expand sales in enterprise and mid-market, and meet growing demand in various industries.

Tavus, a San Francisco-based generative AI video research company, has secured $18M in Series A funding. The round was led by Scale Venture Partners, with Rory O’Driscoll joining the company’s board of directors. Other participants in the funding round include Sequoia Capital, Y Combinator, HubSpot, and others. The funding will be utilized to accelerate product and model development, expand sales in enterprise and mid-market, and meet the increasing demand for the company’s SaaS application across industries such as banking, real estate, automotive, and health care.

Led by CEO Hassaan Raza, Tavus is known for its mission to make hyper-personalized video possible at scale. The company offers advanced AI models in digital replicas, lip syncing, dubbing, text-to-video, and has capabilities in scaled personalized video orchestration. Users can access the technology through a web app, and developers can use APIs such as the Replica API in Beta, which enables photo-realistic digital replicas and text-to-video generation. Additional APIs in development include Lip Syncing API, Dubbing API, and Video Campaign API.

Tavus caters to users in various sectors including sales, marketing, product, online education, internal communications, and entertainment to enhance their video strategies. With a focus on product development and sales expansion, Tavus is poised to continue its growth and innovation in the AI video research space.

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