# Prins.AI

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

- Industry: Software
- Headquarters: Lakewood, US
- Website: www.prins.ai
- Total disclosed funding: $110M
- Latest round: Series B (Oct 1, 2023)
- Investors on record: 4

## About

Based in Colorado, US, Prins AI Technology Ltd operates as a software development company offering an artificial intelligence (AI) based platform for digital media services. The firm mainly serves the radio and television media, brand marketing, e-commerce live broadcast/short video, education, and entertainment, AR/VR/AI, and NFT/metaverse industries. In August 2023, the firm raised USD 22 million in series A funding.

The company through its AI-driven platform, Prins.AI empowers businesses to create virtual digital human videos and content, through its custom AI digital character with lifelike presenters, eliminating the need for traditional cameras, studios, and green screens. Prins caters to enterprises seeking to enhance engagement, increase conversions, and streamline video production. Prins.AI offers an array of features, including one-click large-scale video generation, AI-driven digital representation creation, automatic translation into 75 languages, and converting text or articles into dynamic videos. The platform also supports personalized branding and mass personalization for enhanced customer experiences.

The company plans to utilize the August 2023 funding to expand its deep learning technologies as well as to hire new employees, strengthen product development capabilities, and strengthen marketing and sales capabilities.

## Funding rounds

- Series B, Oct 1, 2023, $100M — AAB Venture Capital
- Series A, Jul 11, 2023, $10M — Kleiner Perkins, Base10 Partners, Paradigm

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series A
- AAB Venture Capital (https://capitalatlas.ai/funds/aab-venture-capital) — Series B