# Respell

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.respell.ai
- Total disclosed funding: $4.8M
- Latest round: Seed (Dec 5, 2023)
- Investors on record: 2

## About

Based in California, US, and founded in 2022 by its CEO Matthew Rastovac, Respell, Inc. is a software company that develops a no-code AI platform that allows users to design an AI model and other software building blocks. In December 2023, Respell, Inc. raised USD 4.75 million in seed funding led by Craft Ventures with participation from Abstract Ventures. Individual investors also participated in the round.

Respell's platform is designed to facilitate the integration of AI into daily operations. Its users can leverage the platform to create custom workflows, engage with AI-powered chat agents like Elle for task delegation and brainstorming, and benefit from suggestions tailored to individual preferences. Its AI functionalities include text generation, image editing, and speech to provide solutions for various tasks.

The company generates revenue through its software subscription packages such as starter, and team plans starting at USD 19.99
per month.  

The company plans to use the seed funding to hire new employees and expand operations.

## Funding rounds

- Seed, Dec 5, 2023, $4.8M — Abstract Ventures, Craft Ventures

## Investors

- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed