Cuttable Raises A$20 Million and Expands AI Ad Platform
Cuttable announced in a press release an expanded AI advertising platform and an A$20 million Series A round led by Airtree Ventures. The company reports that the United States now accounts for 40% of its revenue, one year after it entered the market.
The platform creates editable ads from plain language briefs, existing brand assets, product materials, and content generated through its Shoots studio. It can publish ads to Meta Ads Manager, then use performance data such as click through rate and return on ad spend to inform later briefs.
Cuttable serves more than 420 brands across the United States, Australia, New Zealand, Asia, and Europe. It plans to use the funding for further expansion and platform work, while hiring for its San Francisco team.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Funding
Oct 23 Kevel Raises $52 Million for Retail Media Platform Oct 23 Cygrid Raises €2.66 Million for AI Agent Access Controls Oct 23 Nvidia and TCV Invest in Higgsfield Series B Extension Oct 23 Cognitive Credit Raises $40 Million for Credit Analysis Tools Oct 23 a16z Crypto Rebrands as a16z Frontier and Expands Into AIAI Funding Brief
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
OpenAI Adds Measurement and Brand Suitability Tools to ChatGPT Ads
PearlMountain launches CutBay for video creation through chat
Kevel Raises $52 Million for Retail Media Platform
OpenAI says ChatGPT Ads hit a $1 billion run rate in under 200 days
Multiply Launches AI Agent to Reduce Google Ads Waste
Daily AI Brief: the AI news that matters, in your inbox.