Capsule has announced a $12 million Series A funding round to support the launch of its upgraded AI-powered video editing assistant, aimed at marketing, sales, and media teams. The new version of its studio software introduces an AI co-producer that provides intelligent suggestions for editing decisions, enabling users to craft compelling video stories with minimal professional experience.
CEO Champ Bennett said the update will create “a more interactive experience where the AI is suggesting things to you based on what it thinks is going to make your video easier to understand and perform better.” The platform also adds real-time collaboration tools to streamline workflows across teams.
The round was led by Innovation Endeavors with participation from HubSpot Ventures and notable angel investors.
Featured image: Credit: Capsule