Typeface emerges from stealth with $65M in funding for its generative AI app for enterprise content creation

ChatGPT has become a worldwide phenomenon, further pushing artificial intelligence (AI) into the mainstream. In less than three months, the OpenAI’s chatbot reached 100 million monthly active users in January, making it the fastest-growing consumer application in history.

Based on generative AI, ChatGPT could do virtually everything from writing poetry, and correcting coding mistakes with detailed examples, to generating AI art prompts. But ChatGPT is the only AI out there. New breeds of startups are building generative AI applications to supercharge personalized content creation work. One of these companies is Typeface, a San Francisco-based tech startup that’s building a generative AI application for enterprise content creation.

Typeface recently emerged from stealth with $65 million in funding to empower businesses to securely create exceptional, brand-personalized content faster and easier than ever before. The round was backed with investments from Lightspeed Venture Partners, GV (Google Ventures), M12 (Microsoft’s Venture Fund), and Menlo Ventures. Typeface is led by former CTO of Adobe, Abhay Parasnis, and a highly experienced team of AI, SaaS, and media technologists.

Generative AI platforms represent a major technological breakthrough that promises to create content at tremendous speed and scale. To successfully leverage its potential, enterprises must combine generative AI’s speed with a brand’s unique voice, audiences, and workflows to completely transform content creation while maintaining brand control.

Founded by CEO Abhay Parasnis, Typeface is an enterprise-grade generative AI application to supercharge personalized content. By uniting content velocity with brand personalization and control, any enterprise can now create exceptional, on-brand content faster and easier than ever before.

“By adding brand affinity to generative AI, Typeface allows enterprises to harness their collective creative power for the unique expression of their stories and imagination,” Parasnis said. “Now, any company can transform content into a value multiplier, connecting every department and empowering employees to achieve their creative and storytelling goals.”

“Typeface is at the forefront of a monumental shift in how businesses will create and collaborate,” said Ravi Mhatre, Partner at Lightspeed. “With a world-class team and category-defining vision, Typeface is the first company to address the significant need for a comprehensive platform that radically personalizes generative AI for the enterprise. By democratizing access to this technology, companies can supercharge iterative creation and meaningfully engage with customers unlike ever before.”

Typeface’s new product provides complete lifecycle content development with self-serve solutions to create with ease, speed, and brand authenticity across all departments, including marketing, advertising, customer support, sales, HR, and more.