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Typeface Announces $100M In New Funding To Fuel Global Expansion Of Its Personalized Generative Ai Platform For Enterprises

PRIVATEJun 29, 2023

Amount Raised

$100 Million

Round Type

Funding Round

Palo AltoSoftware

Investors

M12Menlo VenturesGVMadronaLightspeed Venture PartnersSalesforce Ventures

Description

Typeface, a generative AI platform for enterprise content creation, announced today a $100M new investment, marking the close of its Series B round, to drive continued growth and innovation. The oversubscribed round was led by Salesforce Ventures with participation from Lightspeed Venture Partners, Madrona, GV (Google Ventures), Menlo Ventures, and M12 (Microsoft's Venture Fund). With total capital raised of $165 million at a valuation of $1 billion, Typeface is well positioned to rapidly scale its personalized, on-brand generative AI platform to meet the strong demand from enterprises worldwide.

Quick answer

Typeface raised $100 Million in a Funding Round round, dated June 29, 2023. Investors: M12, Menlo Ventures, GV, Madrona, Lightspeed Venture Partners and Salesforce Ventures. Typeface is based in Palo Alto, California, United States.

How much did Typeface raise?
Typeface raised $100 Million in a Funding Round round on June 29, 2023.
Who invested in Typeface?
M12, Menlo Ventures, GV, Madrona, Lightspeed Venture Partners and Salesforce Ventures are named as investors in this round.
What does Typeface do?
Typeface is the enterprise-grade generative AI application to supercharge personalized content.
Where is Typeface based and how big is it?
Typeface is based in Palo Alto, California, United States. Fundz records about 80 employees.
Who are the decision-makers at Typeface?
Fundz holds 1 contact at Typeface, including the Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • Espresa raised $16M on August 11, 2023.
  • Druid AI raised $21M on August 11, 2023.
  • Smart Response Technologies raised $1.3M (Seed) on August 11, 2023.
  • Heads Up raised $6.1M (Seed) on August 11, 2023.
  • Harbour Enterprises raised $17M on August 11, 2023.
  • Piñata Rent raised $2M (Seed) on August 11, 2023.

Who to call at Typeface, and when

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

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  • Who you already know at Typeface, from your own LinkedIn network

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Company Information

Company

Typeface

Location

Palo Alto, California, United States

About

Typeface is the enterprise-grade generative AI application to supercharge personalized content. By uniting content velocity with brand personalization and control, any enterprise can now create exceptional, on-brand content faster and easier than ever before. We provide industry-first self-serve solutions for complete lifecycle content development, so every employee can craft captivating content with ease, speed, and brand authenticity.

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

Related People

1 contact
Verified contactsAbhay P., Founder & CEOSee plans and pricing
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Typeface 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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