# Aug X Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aug-x-labs

- Industry: Software
- Headquarters: New York, US
- Website: www.augxlabs.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Sep 27, 2023)
- Investors on record: 6

## About

Based in New York, US, and founded in 2022 by its CEO Jeremy Toeman, CTO Scott Havird, and CPO JT White, Aug X Labs operates as a software platform that engages in creating personalized videos using a screenplay voice, webcam, or phone recordings. In September 2023, Aug X Labs raised USD 3.1 million in seed funding led by Unlock Venture Partners, with participation from Dropbox Inc. Corporate Development/Ventures, Flying Fish Partners, Hyde Park Venture Partners, Magnesium Capital, and Zenture Capital Partners. 

Aug X Labs offers a suite of AI-powered tools designed to streamline the video creation process. Its flagship product, Augie Storyteller, enables users to convert text, webcam recordings, or narrations into polished videos that align with their narrative vision. The platform provides a range of features, including AI script writing, voice synthesis, and access to a vast library of licensed media assets. Whether users are novices or seasoned professionals, Augie offers editing tools and customizable templates to facilitate the creation of engaging videos.

The company plans to use the seed funding to hire staff, business expansion, and strengthen its customer relations.

## Funding rounds

- Seed, Sep 27, 2023, $3.1M — Hyde Park Venture Partners, Magnesium Capital, Flying Fish, Unlock Venture Partners, Zenture Capital Partners, Dropbox Inc Corporate Development/Ventures

## Investors

- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed
- Magnesium Capital (https://capitalatlas.ai/funds/magnesium-capital) — Seed
- Flying Fish (https://capitalatlas.ai/funds/flying-fish) — Seed
- Unlock Venture Partners (https://capitalatlas.ai/funds/unlock-venture-partners) — Seed
- Zenture Capital Partners — Seed
- Dropbox Inc Corporate Development/Ventures — Seed
