Technology

25M Series 8Mann Azevedotechcrunch

8mann, an AI video creation startup, has raised a $25 million Series A funding round led by Insight Partners. Other investors in the round include Sequoia Capital, YC Continuity Fund, and Goodwater Capital.

8mann’s platform allows users to create high-quality videos without any prior experience in video editing or production. The platform uses AI to automatically generate videos from text, images, and other media.

The company was founded in 2020 by CEO Zeeshan Haider and CTO Ali Raza. Haider and Raza previously worked together at Google, where they developed AI technology for video editing and production.

8mann’s platform is currently in beta and is available to a select group of users. The company plans to launch its platform to the public in early 2024.

The Future of AI Video Creation

The global video creation market is expected to reach $444 billion by 2027. The growth of this market is being driven by the increasing demand for video content from businesses and consumers.

AI video creation platforms like 8mann are making it easier for people to create high-quality videos without any prior experience in video editing or production. This is opening up the world of video creation to a wider range of people and businesses.

8mann’s platform is also helping to democratize the video creation process. By making it easier for people to create videos, 8mann is helping to level the playing field between large businesses and small businesses and individuals.

The Impact of 8mann’s Series A Funding Round

The $25 million Series A funding round is a major milestone for 8mann. The funding will allow the company to accelerate the development of its platform and expand its team.

The funding round also validates the company’s vision for the future of AI video creation. Investors in the round, such as Insight Partners and Sequoia Capital, have a track record of investing in successful technology startups.

Conclusion

8mann’s $25 million Series A funding round is a major milestone for the company and for the AI video creation industry. The funding will allow 8mann to accelerate the development of its platform and expand its team.

8mann’s platform is making it easier for people to create high-quality videos without any prior experience in video editing or production. This is opening up the world of video creation to a wider range of people and businesses.

8mann’s platform is also helping to democratize the video creation process. By making it easier for people to create videos, 8mann is helping to level the playing field between large businesses and small businesses and individuals.