Yc-Backed Dumme Raises $3.4M For Its Ai Video Editor That Turns Long-Form Youtube Videos Into Shorts
Amount Raised
$3.4 Million
Round Type
Seed
LondonVideoArtificial IntelligenceMachine LearningDescription
Dumme, a startup putting AI to practical use in video editing, is already generating demand before opening up to the public. The Y Combinator-backed company has hundreds of video creators testing its product, which leverages AI to create short-form videos from YouTube content, and a waitlist of over 20,000 pre-launch, it says. Using a combination of both proprietary and existing AI models, Dumme’s promise is that it can not only save on editing time but also — and here’s its big claim — do a better job than the contracted (human) workforce who is often tasked with more menial video editing jobs, like cutting down long-form content for publication on short-form platforms like YouTube Shorts, TikTok or Instagram Reels.
Quick answer
Dumme raised $3.4 Million in a Seed round, dated June 2, 2023. Dumme is based in London, Ontario, Canada.
- How much did Dumme raise?
- Dumme raised $3.4 Million in a Seed round on June 2, 2023.
- What does Dumme do?
- The web is a goldmine of video content.
- Where is Dumme based and how big is it?
- Dumme is based in London, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Video and Artificial Intelligence around the same time
Companies in the same sectors as Dumme that raised within 45 days of this round, from Fundz verified event records.
- SpeedyBrand raised $2.5M (Seed) on July 17, 2023.
- Arrive AI raised $16M (Series A) on July 17, 2023.
- Pillir raised $250K on July 14, 2023.
- Peaxy raised $12M (Series B) on July 13, 2023.
- Trebellar raised an undisclosed amount (Funding Round) on July 12, 2023.
- Tamr raised an undisclosed amount on July 12, 2023.
Who to call at Dumme, and when
A new round usually means Dumme is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Dumme raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Dumme, from your own LinkedIn network
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Dumme raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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