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HomeFinTechCopysmith: Raises $10M in Funding

Copysmith: Raises $10M in Funding

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  • Copysmith, a Birmingham, Ala.-based startup that uses artificial intelligence (AI) for creative content generation, raised $10m in funding
  • The investment made through a partnership with Harmony Ventures Labs and funds advised by PSG
  • The company also intends to use the funds to accelerate growth through additional hiring for engineering and design talent and developing innovative client solutions
  • Founded in October 2020 by sisters Jasmine and Anna Wang, and led by new CEO Shegun Otulana, Copysmith uses AI for creative content generation
  • By using GPT-3 and in-house proprietary language models, ti si possible to create engaging digital ads, product descriptions and SEO metatags quickly and easily for users
  • Before joining Copysmith, Otulana, a startup veteran, founded both TheraNest and Therapy Brands, software startups designed for the mental healthcare industry

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