Saturday, November 23, 2024

VC backs cuttable with $5.5m based on people with deep experience who’ve done it before!




Cofounders Sam Kroonenburg, Jack White and Ed Ring have raised $5.5m for their AI-powered adtech startup Cuttable


Seed funding round led by Paul Bassat’s Square Peg and supported by Taryn Pieterse at Rampersand and other strategic angel investors .


Backing people with strong expertise who’ve done it before!

Sam Kroonenburg co-founded A Cloud Guru - an online learning business, and went on to sell it for more than $2 billion in 2021


Jack, Sam and Adam all have deep experience in tech and advertising  and a strong track record of creating cutting-edge solutions”.


Paul Bassett of Square Peg has  joined the board 


What Cuttable does

Cuttable is a “first-of-its-kind automated content agency” that aims to support marketers and agencies marry creative advertising with AI to create high-quality digital ads at scale.


Curable enables  the automation of the creative with AI  - enhancing creativity, optimising ad performance and streamlines the production process - enabling more messages, more personalisation and more targeting –

Customers 


Imagine having the ability to translate a marketing brief into a live ad within a few clicks!! 


Cuttable is already working with Woolworths-owned brand Catch.com.au, and OnePass, and counts the likes of Medibank, Nando’s, Penfolds, Powershop, and DiDi among its clients.


Star trek Comment by Kroonenburg

“It’s about doing what was once impossible, - creating a new frontier in advertising, where technology and creativity converge to deliver unparalleled results for marketers and agencies”.


Thanks Eloise Keating from Smartcompany for the heads up

https://www.smartcompany.com.au/startupsmart/news/sam-kroonenburg-a-cloud-guru-raises-5-5-million-ai-startup-cuttable/

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