# Peech Technology

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

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.peech-ai.com
- Total disclosed funding: $8.3M
- Latest round: Seed (Aug 1, 2022)
- Investors on record: 3

## About

Based in Israel and founded in 2020, Peech Technology Ltd. operates as an NLP (natural language processing) technology firm. The company was founded by its CEO, Danielle Dafni, and Jonathan Amit Kanarek. In August 2022, Peech Technology Ltd. raised USD 8.3 in seed funding, led by Ibex Investors, Cardumen Capital, and Fresh.fund.

Peech provides an artificial intelligence-enabled video editing platform, which is a SaaS-based platform that leverages NLP technologies to convert raw video footage into creative videos through automated transcription, editing, repurposing, and branding features. The software is designed for small and medium-sized enterprises (SMEs) as well as content creators who are looking to create branded videos for marketing purposes.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include freemium, pro (USD 49–59/month), teams (USD 399–449/month), and organization.

The company plans to use the funds raised in August 2022 to expand its AI platform and diversify its media creation solutions.

## Funding rounds

- Seed, Aug 1, 2022, $8.3M — Ibex Investors, Cardumen Capital, Fresh.fund

## Investors

- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Seed
- Cardumen Capital (https://capitalatlas.ai/funds/cardumen-capital) — Seed
- Fresh.fund (https://capitalatlas.ai/funds/fresh-fund) — Seed