# AI Narrator

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ai-narrator

- Industry: Software
- Headquarters: Brooklyn, US
- Website: http://www.narrator.ai
- Total disclosed funding: $7.5M
- Latest round: Series A (Sep 17, 2020)
- Investors on record: 4

## About

AI Narrator, Inc. develops advanced digital solutions for web design, streamlining the creation of responsive websites through an intuitive platform that caters to both businesses and individual users.Founded in 2017 and headquartered in Brooklyn, US, AI Narrator, Inc. specializes in innovative web design solutions. The company was co-founded by Ahmed Elsamadisi and Iman Ghasempour, with Ahmed serving as CEO. AI Narrator, Inc. has completed three funding deals, the most recent being a Series A round in September 2020, where they raised USD 6.2 mn from Initialized Capital and Y Combinator, among others. This funding round contributes to their ongoing development and market presence.AI Narrator, Inc. offers a comprehensive web design platform, allowing users to create responsive websites without requiring extensive coding skills. This platform encompasses design, hosting, and content management functionalities, addressing typical challenges faced by non-developers. The company targets small to medium-sized enterprises (SMEs), freelancers, and creative agencies across North America, Europe, and Asia-Pacific, continuously enhancing its services based on user feedback since its launch in 2013.AI Narrator, Inc. operates on a subscription-based revenue model, presenting tiered pricing plans that cater to varying needs from individual users to larger teams. The platform offers key services, including custom domain hosting and e-commerce solutions, with clients typically subscribing on an annual or monthly basis to access ongoing updates and premium features. The pricing structure is designed to deliver value across different service levels, accommodating a diverse range of users.Looking ahead, AI Narrator, Inc. plans to leverage the USD 6.2 mn raised in their Series A funding to expand into new markets, specifically targeting regions in Asia-Pacific by 2023. The company is also actively developing new features for their web design platform, with a focus on enhancing user experience and functionality. The strategic investments from their latest funding round aim to support these initiatives, ensuring continued growth and market competitiveness.

## Funding rounds

- Series A, Sep 17, 2020, $6.2M — Y Combinator, Initialized Capital
- Seed, May 11, 2018, $1M — Flybridge Capital Partners, Y Combinator
- Seed, Oct 24, 2017, $0.3M — Y Combinator, Panache Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Series A