Jasper Raises $125M in Series A Funding; Valued at $1.5 Billion

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Jasper, an Austin, TX-based supplier of an AI powered content material platform, raised $125M in Collection A investment, at a $1.5 billion valuation.

The spherical used to be led via Perception Companions with participation from Coatue, Bessemer Undertaking Companions, IVP, Basis Capital, Founders Circle Capital, HubSpot Ventures.

The corporate intends to make use of the finances to additional put money into the product, beef up the client enjoy, and produce Jasper to all of the platforms creators use.

Led via CEO Dave Rogenmoser, Jasper is an AI content material platform that permits folks and groups to leverage AI to scale their content material methods. With the answer, any person from particular person freelancers to creators at endeavor firms can ruin thru author’s block, repackage what they’ve written, create authentic photographs, and adapt their content material to other codecs and languages.

The investment follows the addition of Jasper Artwork, a browser extension that permits Jasper to energy each textbox on just about any website online. The extension will also be discovered at Jasper.ai and works throughout Google Medical doctors, Gmail, Perception, HubSpot, Shopify, social media platforms, content material control techniques and plenty of extra content material locations.

Jasper now helps greater than 70,000 paying subscribers starting from particular person creatives to groups at massive enterprises.

FinSMEs

18/10/2022

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