All Access

Media Deals

Standard

Media Deals Alerts

Alert

Media Deals Thought Bubble

Thought Bubble

mustard

BFD Expert Voices - Media Deals

BFD Expert Voices

Clueso has raised $1.4 million seed funding to build a platform to create instructional videos and other documentation for customer and employee education, CEO Akash Anand exclusively tells Axios.

Why it matters: The funding underscores the desire for companies to lessen the cost and time for creating their own media. 

How it works: Clueso's platform helps businesses create videos and other instructional tools based on screen recordings. Clients can upload their own videos or record with Clueso's Chrome extension.

The platform will improve the video with effects and branding. It also will rewrite and shorten the transcript and switch the audio with an AI voiceover. 

It also produces an accompanying how-to article with screenshots, GIFs and text based on the video.

Clueso has about 110 clients and charges a monthly subscription fee. Cost depends on how many minutes of video a client generates per month and how many of the client's employees have access to the platform.

Zoom in: f7 Ventures led, and was joined by Y Combinator. The seed round closed in July. 

Prior, it raised $125,000 in pre-seed funding from Y Combinator.

Anand says the goal is use to the funding to reach $1 million in annual recurring revenue. 

Catch up quick: Anand, CBO Neel Balar and CTO Prajwal Prakash previously worked together on Desklamp, a product for sharing and collaborating on PDF documents. But during their time at YC last year, they realized they did not have a sustainable business model and pivoted. 

The idea stemmed from their own challenges creating instructional videos for Desklamp. 

What's next: Clueso will put the funds toward hiring, adding engineers and customer success representatives to its current team of three.

Clueso is exploring product features beyond screen recordings for software demos. It recently started working with a company that builds biotech machinery. 

The co-founders are based in Bangalore but plan to move to San Francisco later this year. 

Exclusive: Clueso raises $1.4M for video tutorial tool

The platform lessens costs to create instructional videos.

a computer surrounded by upward arrows, circles, binary code and money 

Enterprise software

Clueso has raised $1.4 million seed funding to build a platform to create instructional videos and other documentation for customer and employee education, CEO Akash Anand exclusively tells Axios.Why it matters: The funding underscores the desire for companies to lessen the cost and time for creating their own media.

Exclusive: Clueso raises $1.4M for video tutorial tool

Go deeper