Alison.ai, a Wilmington, DE-based AI-driven creative solutions company, has secured $13.3 million in seed funding.
Investors
The round was led by Almaz Capital, with participation from Foresight Group, Cardumen Capital, Crescendo Venture Partners, and Alumni Ventures.
Founded in 2008, Almaz Capital is a venture capital firm focused on investing in early-stage tech startups with global market potential. Backed by Cisco Systems and the EBRD, the firm supports startups from the CIS and CEE regions, with offices in Silicon Valley and Moscow.
Alison.ai Use of Funds
The funds will accelerate Alison.ai’s growth, supporting its expansion in the US and Western Europe, enhancing its video creation technology, and broadening its product offerings.
About Alison.ai
Founded in 2021 by Asaf Yanai and Koby Berkovich, Alison.ai specializes in creative AI solutions for the advertising industry. Its platform leverages advanced AI to automatically generate video advertisements tailored to client needs, using both customer data and competitor insights. Key clients include LG, Bosch, Ferrara Candy Company, HelloFresh, Warner Brothers, Zynga, TikTok, P&G, and Desigual.
Funding Details
Company: Alison Technologies Ltd.
Raised: $13.3M
Round: Seed
Funding Date: November 2024
Lead Investor: Almaz Capital
Additional Investors: Foresight Group, Cardumen Capital, Crescendo Venture Partners, Alumni Ventures
Company Website: https://alison.ai/
Software Category: AI Creative Solutions
Source: https://www.accesswire.com/941520/alisonai-secures-13m-in-seed-funding-to-expand-ai-driven-creative-solutions