Cuttable raises 20 million dollars in Series A funding
Melbourne-founded automated ad platform Cuttable secured 20 million dollars in Series A funding to expand its social media content generation features.
FTMQ Startups, written by our newsroom0 views
Melbourne-founded startup Cuttable raised 20 million dollars in a Series A funding round, SmartCompany reported. Airtree Ventures led the round, with participation from seed round lead Square Peg. Existing investors Rampersand and Glitch Capital also contributed to the financing. [1]
The funding round gives the startup a valuation exceeding 142 million Australian dollars, which equals 100 million United States dollars, SmartCompany reported. Co-founder Sam Kroonenburg disclosed the valuation from San Francisco. [1]
Cuttable was founded in 2024 by Sam Kroonenburg, Jack White, and Ed Ring. Kroonenburg previously co-founded A Cloud Guru. The platform enables brands to draft and generate social media advertisements at scale using algorithms trained on existing creative materials. [1]
The company plans to use the new capital to expand into automated advertisements that adapt over time, according to SmartCompany. [1]
In short
- Cuttable raised 20 million dollars in Series A funding led by Airtree Ventures.
- The capital raise values Cuttable at over 142 million Australian dollars.
- Cuttable was founded in 2024 by Sam Kroonenburg, Jack White, and Ed Ring.
- Square Peg, Rampersand, and Glitch Capital participated in the funding round.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Cuttable raises $20 million to help brands post social media ads at scaleSmartCompany, 1h ago (the report this story comes from)
Background
- [2]Spider-Man: Brand New Day on Wikipedia
Our newsroom writes these reports with the help of software, from the 2 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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