Typeface, a generative AI startup founded by ex-Adobe CTO Abhay Parasnis, has raised $65M in Series A funding to help build out its platform.
The San Francisco-based company, which just emerged from stealth mode, offers an AI platform for enterprises to create marketing and brand-related content.
- Specifically, Typeface's platform helps businesses to generate social media ads, blog posts, job listings, product shots, and websites.
- Companies upload their existing content to train the platform, which is built on a customized Stable Diffusion 2.0 version and OpenAI's GPT-3.5.
- Combining the company's specific data with public data enables the platform to generate personalized text and images branded for each customer's unique audience and voice.
- "By adding brand affinity to generative AI, Typeface allows enterprises to harness their collective creative power for unique expressions of their stories and imagination," said Parasnis, who is CEO.
- Investors in Typeface include Lightspeed Venture Partners, Google Ventures, Menlo Ventures, and Microsoft's M12 Venture Capital Fund.
