Fundz

A Sora Rival Raises Millions from NEA

PRIVATEFeb 26, 2024

Amount Raised

$30 Million

Round Type

Funding Round

San FranciscoVideoArtificial Intelligence

Investors

New Enterprise AssociatesLightspeed Venture PartnersNvidiaGoogle

Description

Genmo is set to raise at least $30 million in funding from NEA, to compete in the AI-powered video generation market against rivals like Runway, Pika Labs, and Midjourney.

Quick answer

Genmo raised $30 Million in a Funding Round round, dated February 26, 2024. Investors: New Enterprise Associates, Lightspeed Venture Partners, Nvidia and Google. Genmo is based in San Francisco, California, United States.

How much did Genmo raise?
Genmo raised $30 Million in a Funding Round round on February 26, 2024.
Who invested in Genmo?
New Enterprise Associates, Lightspeed Venture Partners, Nvidia and Google are named as investors in this round.
What does Genmo do?
A video-generation startup using AI technology to automate video creation and editing for filmmakers, producers, and creators.
Where is Genmo based and how big is it?
Genmo is based in San Francisco, California, United States.
Who are the decision-makers at Genmo?
Fundz holds 1 contact at Genmo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Video and Artificial Intelligence around the same time

Companies in the same sectors as Genmo that raised within 45 days of this round, from Fundz verified event records.

  • Haiper raised $14M (Seed) on March 5, 2024.
  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Vertiqal Studios raised $30K on January 26, 2024.
  • Mindverse raised $5M (Seed) on April 11, 2024.
  • Superintelligent raised $2M (Pre-Seed) on April 11, 2024.
  • Scavenger AI raised $1.2M (Pre-Seed) on April 11, 2024.

Who to call at Genmo, and when

A new round usually means Genmo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Genmo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Genmo, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Genmo. With Fundz connected, it knows.

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Company Information

Company

Genmo

Location

San Francisco, California, United States

About

A video-generation startup using AI technology to automate video creation and editing for filmmakers, producers, and creators.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Genmo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
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Genmo 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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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.