# LOVO

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

- Industry: Software
- Headquarters: Berkeley, US
- Website: www.lovo.ai
- Total disclosed funding: $2.4M
- Latest round: Series A (Apr 7, 2022)
- Investors on record: 4

## About

Founded in 2016 and based in California, US, LOVO Inc. provides AI-integrated multimedia software for the use of entertainment, apps, voice bots, and marketing campaigns use. The software serves markets in marketing, education, movies, games in the entertainment and AR/VR industries. The company was founded by its CEO Charlie Choi, along with Tom Lee. In August 2021, LOVO Inc. raised its latest USD 4.5 million venture funding from a group of investors that includes Kakao Entertainment, LG CNS, and SkyDeck Fund. The company currently has 17 employees. It serves customers in the regions of the US, UK, Canada, Australia, New Zealand, and South Korea.

The company offers AI-integrated software that allows users to record customized voices and audio recordings. The software works where users send at least a 15-minute long script and record it in a quiet room with a good mic. The company's data scientists and sound engineers will develop the custom voice using its proprietary technology and will deliver the result within 20-25 business days. The custom voices can be used in audiobooks, VO work, and Youtube videos. It also buys and sells the audio recordings of its users and provides tips and feedback to improve various voice and audio recordings to fit all of its cases and needs.

The company's revenue is generated through a subscription-based format such as Personal with a price of USD 17.49 per month and Freelancer at USD 49.99 per month.

The company plans to use the proceeds of the latest venture funding for its research and development in artificial intelligence, products, marketing, and business in general. It also plans to expand further in the international markets that include Europe.

## Funding rounds

- Series A, Apr 7, 2022, $2M — Goodwater Capital, Hashed Ventures, PKO Investments
- Seed, Feb 3, 2020, $0.3M — Sazze Partners

## Investors

- Sazze Partners (https://capitalatlas.ai/funds/sazze-partners) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A
- PKO Investments — Series A