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Cluely, founded by Chungin "Roy" Lee, has raised $5.3M in seed funding from Abstract Ventures and Susa Ventures for its AI tool that helps users cheat in various settings.

PRIVATEApr 21, 2025•about 1 year ago

Amount Raised

$5.3 Million

Round Type

seed

San FranciscoSoftwareArtificial Intelligence

Investors

Susa VenturesAbstract Ventures

Description

Chungin "Roy" Lee announced the $5.3 million seed funding for his startup Cluely, which offers an AI tool capable of providing answers during exams and interviews. This funding was led by Abstract Ventures and Susa Ventures. The company's controversial approach has drawn both criticism and praise on social media. Cluely aims to redefine the notion of cheating in professional environments.

Company Information

Company

Cluely

Location

San Francisco, California, United States

About

Cluely is a startup founded by Chungin 'Roy' Lee and Neel Shanmugam that offers an AI tool designed to assist users in various scenarios, including job interviews, exams, and sales calls. Originally developed to help users cheat on coding interviews, Cluely has sparked controversy due to its approach and has compared its services to traditional aids like calculators.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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