Pictory offers an AI-powered cloud video platform that lets users convert long-form content into short clips, edit video using text, add captions automatically, and create videos from blogs, articles, and scripts. The product targets creators and marketers who lack specialized video skills and need fast, scalable video production for social and marketing use cases. The company reports the addition of 5,000+ new customers, reflecting 100x growth in three months, across entrepreneurs in the creator economy and corporate marketers. Pictory plans to use its technology roadmap to add features such as extracting key messages from long-form content, selecting visuals and music, text-to-speech, transcription, and automated highlight creation. The team says it will accelerate product development and expand sales and marketing to grow its user base and improve AI algorithms. This is Pictory’s first external financing and will support its hyper-growth trajectory.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022