Latest news with #KindredVentures
Business Wire
28-05-2025
- Business
- Business Wire
Creatify Crosses $9M ARR, Raises $15.5M Series A to Launch the First End-to-End AI Ad Agent for Video
SAN FRANCISCO--(BUSINESS WIRE)-- Creatify, the AI platform powering high-performance video advertising, today announced $15.5 million in Series A funding co-led by WndrCo and Kindred Ventures. The round brings Creatify's total funding to $23 million, with early investors including NFDG, Millennium New Horizons, Creator Ventures, and Leadout Capital. Trusted by over a million marketers and 10,000+ teams — including Comcast, Binance, NewsBreak, Tec-do, and Zumper — Creatify uses generative AI models and integrated workflow tools to automate the entire video ad lifecycle, from creative inspiration and generation to testing and optimization. The company recently surpassed $9 million in annual recurring revenue within 18 months of launch. 'Video is the most valuable format in digital advertising, but it's still the hardest to produce at scale,' said Creatify co-founder and CEO Yinan Na. 'We built Creatify to remove these barriers. Just as Shopify revolutionized e-commerce, we're doing the same for video ads—making them fast, effective, and accessible to businesses of all sizes.' The funding coincides with the launch of AdMax, the first end-to-end AI ad agent to combine creative inspiration, production, testing, and performance analytics in one workflow. AdMax introduces: Ad monitoring that turns top competitor and category ads into actionable campaigns AI-powered video generation that creates dozens of UGC-style and product showcase videos in minutes 700+ AI-generated avatars enabling multilingual, cross-platform execution without traditional production costs Creative testing engine built for Meta and TikTok, optimized for ROAS and CPA API access and team workspaces that streamline video production at scale while maintaining brand consistency 'Great technology turns storytelling into real business results,' said Jeffrey Katzenberg, Founding Partner at WndrCo, who will join Creatify's board of directors. 'Creatify represents the next leap forward. It's not just making video ads easier to produce, it's redefining how modern advertising works. In a world where brands must show up everywhere, all the time, Creatify is purpose-built to meet that demand at scale.' According to Steve Jang, Founding Partner at Kindred Ventures and early investor in Uber, Coinbase, and Perplexity: 'Generative media and LLMs are making a profound impact in how people and brands market and advertise their ideas and products. Creatify's AI agent collapses the slow, expensive, and constrained process of making and deploying video ads into a modern, super fast, and high-fidelity experience. We're thrilled to back Creatify on this mission to reinvent the global advertising market using generative AI.' Enterprise brands are already seeing meaningful results. Zumper now produces over 300 videos monthly with Creatify, saving $20,000 per month. NewsBreak advertisers are launching tailored creatives in minutes — not days — with better performance across audience segments. 'If we want TV advertising to evolve and grow the way advertising has in social media, we need to make the process much easier,' said James Borow, Vice President of Product and Engineering, Universal Ads, Comcast. 'It's innovative companies like Creatify who are identifying the biggest obstacles such as ad creation and then building the solutions that invite brands of all sizes to take advantage of the incredible benefits of TV advertising.' 'We want to make advertising on NewsBreak as fast, easy, and effective as possible,' said Ryan Ludlow, General Manager at NewsBreak. 'Creatify's Ad Creation tool removes creative roadblocks, giving advertisers a simple way to create high-quality video creatives in a matter of minutes--rather than days or weeks of working with a creative agency. Our most successful advertisers launch multiple creatives tailored to different audiences, monitor performance data, and quickly adjust their strategy. With Creatify, more advertisers now have the tools to do exactly that -- efficiently and at scale.' Founded by former Meta and Snap technologists and contributors to FAIR (Meta's Fundamental AI Research lab), Creatify merges cutting-edge research with deep product expertise. The team plans to use the funding to expand R&D and customer success and roll out new features like AI-driven market insights and cross-platform publishing. Creatify is the leading AI video ad platform, used by over 1 million people across 10,000+ teams globally. Its software automates the entire video ad lifecycle, helping marketers create, test, and optimize top-performing video ads in minutes. Creatify is backed by WndrCo, Kindred Ventures, NFDG, Creator Ventures, Millennium New Horizons, and Leadout Capital. Learn more at
Yahoo
28-05-2025
- Business
- Yahoo
Creatify Crosses $9M ARR, Raises $15.5M Series A to Launch the First End-to-End AI Ad Agent for Video
Co-led by Jeffrey Katzenberg's WndrCo and Kindred Ventures to scale AdMax, the AI platform automating video ad creation, testing, and performance optimization SAN FRANCISCO, May 28, 2025--(BUSINESS WIRE)--Creatify, the AI platform powering high-performance video advertising, today announced $15.5 million in Series A funding co-led by WndrCo and Kindred Ventures. The round brings Creatify's total funding to $23 million, with early investors including NFDG, Millennium New Horizons, Creator Ventures, and Leadout Capital. Trusted by over a million marketers and 10,000+ teams — including Comcast, Binance, NewsBreak, Tec-do, and Zumper — Creatify uses generative AI models and integrated workflow tools to automate the entire video ad lifecycle, from creative inspiration and generation to testing and optimization. The company recently surpassed $9 million in annual recurring revenue within 18 months of launch. "Video is the most valuable format in digital advertising, but it's still the hardest to produce at scale," said Creatify co-founder and CEO Yinan Na. "We built Creatify to remove these barriers. Just as Shopify revolutionized e-commerce, we're doing the same for video ads—making them fast, effective, and accessible to businesses of all sizes." The funding coincides with the launch of AdMax, the first end-to-end AI ad agent to combine creative inspiration, production, testing, and performance analytics in one workflow. AdMax introduces: Ad monitoring that turns top competitor and category ads into actionable campaigns AI-powered video generation that creates dozens of UGC-style and product showcase videos in minutes 700+ AI-generated avatars enabling multilingual, cross-platform execution without traditional production costs Creative testing engine built for Meta and TikTok, optimized for ROAS and CPA API access and team workspaces that streamline video production at scale while maintaining brand consistency "Great technology turns storytelling into real business results," said Jeffrey Katzenberg, Founding Partner at WndrCo, who will join Creatify's board of directors. "Creatify represents the next leap forward. It's not just making video ads easier to produce, it's redefining how modern advertising works. In a world where brands must show up everywhere, all the time, Creatify is purpose-built to meet that demand at scale." According to Steve Jang, Founding Partner at Kindred Ventures and early investor in Uber, Coinbase, and Perplexity: "Generative media and LLMs are making a profound impact in how people and brands market and advertise their ideas and products. Creatify's AI agent collapses the slow, expensive, and constrained process of making and deploying video ads into a modern, super fast, and high-fidelity experience. We're thrilled to back Creatify on this mission to reinvent the global advertising market using generative AI." Enterprise brands are already seeing meaningful results. Zumper now produces over 300 videos monthly with Creatify, saving $20,000 per month. NewsBreak advertisers are launching tailored creatives in minutes — not days — with better performance across audience segments. "If we want TV advertising to evolve and grow the way advertising has in social media, we need to make the process much easier," said James Borow, Vice President of Product and Engineering, Universal Ads, Comcast. "It's innovative companies like Creatify who are identifying the biggest obstacles such as ad creation and then building the solutions that invite brands of all sizes to take advantage of the incredible benefits of TV advertising." "We want to make advertising on NewsBreak as fast, easy, and effective as possible," said Ryan Ludlow, General Manager at NewsBreak. "Creatify's Ad Creation tool removes creative roadblocks, giving advertisers a simple way to create high-quality video creatives in a matter of minutes--rather than days or weeks of working with a creative agency. Our most successful advertisers launch multiple creatives tailored to different audiences, monitor performance data, and quickly adjust their strategy. With Creatify, more advertisers now have the tools to do exactly that -- efficiently and at scale." Founded by former Meta and Snap technologists and contributors to FAIR (Meta's Fundamental AI Research lab), Creatify merges cutting-edge research with deep product expertise. The team plans to use the funding to expand R&D and customer success and roll out new features like AI-driven market insights and cross-platform publishing. About Creatify Creatify is the leading AI video ad platform, used by over 1 million people across 10,000+ teams globally. Its software automates the entire video ad lifecycle, helping marketers create, test, and optimize top-performing video ads in minutes. Creatify is backed by WndrCo, Kindred Ventures, NFDG, Creator Ventures, Millennium New Horizons, and Leadout Capital. Learn more at View source version on Contacts hello@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
19-03-2025
- Business
- Associated Press
Stable Sea Secures $3.5 million Funding to Provide Global Stablecoin Offramping
Led by Kindred Ventures, the funding round provides companies a seamless way to programmatically convert stablecoins into local fiat across global markets. SAN FRANCISCO, March 19, 2025 /PRNewswire/ -- Stable Sea, a stablecoin liquidity and orchestration company that facilitates stablecoin offramping to global markets, today announced a $3.5 million funding round led by Kindred Ventures with participation from Ludlow Ventures, DFS Lab, The Venture Dept. and The Fintech Fund. The funding will be used to further Stable Sea's mission of providing efficient, cost-effective and compliant stablecoin offramping solutions. In 2024, the annualized transaction value for the stablecoin industry reached $15.6 trillion, demonstrating its significant role in the global financial system. As regulations become clearer, stablecoins are poised to enable new, more efficient use cases for global payments, remittances and institutional settlements. However, the complexity, opaqueness and cost of converting stablecoins to local fiat currency still remains a challenge for companies and a necessity for end users. Stable Sea was created to address these problems and help companies access deep pools of digital asset liquidity to seamlessly offramp stablecoins. The company was founded by a team of seasoned colleagues with extensive experience in fintech, crypto and payments infrastructure. The team's deep understanding of this space and technology, coupled with their firsthand experience of similar challenges, led them to create a solution that provides companies with the necessary dashboard tooling, orchestration and access to compliant liquidity to enable seamless stablecoin conversion to local fiat. 'Stablecoins speed up global treasury movements for institutions and improve cross-border payment experiences for FinTechs,' said Tanner Taddeo, CEO of StableSea. 'Yet folks still need local fiat for day-to-day business, product, or operational needs. While the technology exists piecemeal, the infrastructure linking digital and traditional financial systems is still evolving and access to liquidity remains a challenge. At Stable Sea, we equip Fortune 500 companies, FinTechs, and startups building in stablecoins with the tools to off-ramp programmatically worldwide — bridging both financial systems and unlocking access to deep, compliant liquidity.' 'We're proud to invest in Stable Sea because stablecoins can't go mainstream without seamless, reliable liquidity. Moving between stablecoins and local currencies is still too costly and clunky, slowing down adoption,' said Kanyi Maqubela, Managing Partner at Kindred Ventures. 'Stable Sea is changing that by making the process frictionless, which has the potential to open up entirely new use cases. We're excited to back their vision and see the impact they'll have.' To learn more about Stable Sea and our design partner program, visit or contact the crew directly at [email protected]. For the latest updates and information, follow us on X and LinkedIn. About Stable Sea Stable Sea provides the simplest way for companies to off-ramp stablecoins, globally. We enable businesses to programmatically convert stablecoins into local fiat across global markets, ensuring deep liquidity, last-mile payout efficiency, and regulatory certainty. By simplifying access to stablecoin liquidity, we empower financial innovation and unlock new opportunities in the global economy. About Kindred Ventures Kindred Ventures is a leading VC firm that backs visionary and relentless founders building the future using technology and science. With a sharp focus on seed and early stage, Kindred has backed more than 100 industry leaders across AI, climate tech, fintech, Web3, healthtech, tools & infrastructure, and consumer tech. Most notable portfolio companies include: Uber, Coinbase, Color Health, Perplexity, Postmates, Poshmark, Tonal, dYdX, Magic Eden, Humane, and Tala. Kindred Ventures was founded in 2014 by Midas List investor Steve Jang, who manages the $600 million AUM fund with Managing Partner Kanyi Maqubela. The firm is based in San Francisco, CA. For more information, visit
Axios
19-03-2025
- Business
- Axios
Stablecoin startup Stable Sea raises $3.5 million in funding
Stable Sea, a startup providing services to the rapidly growing stablecoin industry, has raised $3.5 million in a round led by Kindred Ventures, with others participating. Why it matters: Stabecoins have become the killer application of blockchains, one poised for growth if the rules governing such tokens in the largest economy in the world get sorted out this year. How it works: The original use case for stablecoins was simply trading, allowing traders to exit trades to a stable value and also to move funds between exchanges quickly. But the tokens have become useful for other reasons, particularly for treasury management at international organizations. By the numbers: Stablecoins facilitate $6.1 trillion in transactions annually onchain, based on research by Visa. That number would get much higher if transactions on exchanges were factored in. Zoom in: "Stablecoins speed up global treasury movements for institutions and improve cross-border payment experiences for FinTechs," said Tanner Taddeo, CEO of Stable Sea, in a statment.
