Pictory Corp., an AI-powered video solution that empowers content creators and marketers to edit and produce videos automatically and at scale, today announced a $2.1 million seed round led by FUSE alongside participation from Voyager Capital.
With the addition of 5000+ new clients in just three months, the Seed financing continues a recent trend of exceptional growth. These new customers were a mix of entrepreneurs and marketers from a variety of industries that are part of the fast developing creator economy, which employs over 2 million people full-time as content creators.
Pictory’s AI-powered automation is a game changer for content creators and marketers as they can repurpose existing long-form content such as webinars, podcasts, and blogs into several short videos for social media within minutes,” said Vikram Chalana, CEO of Pictory. “We are very excited to partner with FUSE in our hyper-growth journey. The investment and their network will help us a build and expand a global community of video content marketers. The investment will also help us significantly improve our AI algorithms in video production, enhancing the time-to-value for our community,” he added.