# CloudPlus

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.getcloudapp.com
- Total disclosed funding: $19M
- Latest round: Series A (Jan 4, 2022)
- Investors on record: 16

## About

CloudPlus, Inc. develops innovative AI-powered visual communication tools that enhance productivity and streamline workflows for users across various sectors, featuring capabilities such as screen recording and video editing.Founded in 2010 in San Francisco, US, CloudPlus, Inc. specializes in visual communication solutions. The company raised USD 8 million in Series A funding on January 4, 2022, led by Grayhawk Capital, with participation from multiple investors. Scott Smith currently serves as the CEO.CloudPlus, Inc. offers a suite of AI-powered visual communication tools designed to enhance productivity and streamline workflows for individuals and teams across various sectors. The primary product is its screen recording software, which allows users to record their screens and webcams effortlessly. This tool is beneficial for creating tutorials and product demonstrations, with recorded content automatically stored in the cloud for easy access. Additional features include video editing capabilities, transcript conversion into actionable content, and GIF creation, making it valuable for customer support, engineering, sales, and design. CloudPlus serves over 5 million users globally, primarily in North America, Europe, and Asia, facilitating effective communication and collaboration.CloudPlus generates revenue through a subscription-based model, offering users access to various features and capabilities. Customers can choose from a free tier with limited functionality or a paid subscription that includes unlimited recording length, 4k video quality, and advanced editing options. This model supports both individual and team subscriptions, promoting transactions directly between CloudPlus and its users, paid either monthly or annually. The company's focus on a seamless user experience spans its desktop, mobile, and Chrome applications.In January 2022, CloudPlus, Inc. secured USD 8 million in Series A funding, led by Grayhawk Capital, to invest more deeply in understanding customer needs and enhancing their product offerings. The funds will support initiatives aimed at creating new features and improving the overall solution's integration, security, and speed. Additionally, CloudPlus is exploring expansion into new geographic markets to broaden its user base and reach, with targeted efforts in Europe and Asia planned for the next 12-18 months.

## Funding rounds

- Series A, Jan 4, 2022, $8M — Peninsula Ventures, Grayhawk Capital, Kickstart, Cervin Ventures, Bloomberg Beta, New Ground Ventures, Fiftyfive Capital, Forward Venture Capital
- Seed, May 29, 2019, $3.4M — SAP, Kickstart, Cervin Ventures, Bloomberg Beta
- Seed, Dec 4, 2017, $5.3M — Cervin Ventures, Adobe Ventures, Bloomberg Beta
- Seed, Jul 27, 2016, $2M — CRCM, Alumni Ventures Group, Ride Ventures, SaaS Syndicate, AVG Total Access Fund, The Gramercy Fund

## Investors

- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Ride Ventures — Seed
- SaaS Syndicate — Seed
- AVG Total Access Fund — Seed
- The Gramercy Fund (https://capitalatlas.ai/funds/the-gramercy-fund) — Seed
- Cervin Ventures (https://capitalatlas.ai/funds/cervin-ventures) — Seed, Series A
- Adobe Ventures (https://capitalatlas.ai/funds/adobe-ventures) — Seed
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed, Series A
- SAP — Seed
- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed, Series A
- Peninsula Ventures (https://capitalatlas.ai/funds/peninsula-ventures) — Series A
- Grayhawk Capital (https://capitalatlas.ai/funds/grayhawk-capital) — Series A
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series A
- Fiftyfive Capital (https://capitalatlas.ai/funds/fiftyfive-capital) — Series A
- Forward Venture Capital (https://capitalatlas.ai/funds/forward-venture-capital) — Series A