# Wisecut

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

- Industry: Software
- Headquarters: Miami, US
- Website: www.wisecut.video
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 6, 2023)
- Investors on record: 1

## About

Founded in 2019 and based in Florida, US, Wisecut, Inc. operates as a software platform that allows its users to edit video content. Ivo Machado (CEO) and Vicente Machado are the co-founders of the company. In August 2023, Wisecut raised USD 1 million in venture funding from Draper Associates.

The company provides a software that enables users to transform long-form talking videos into short clips suitable for various social media platforms, including YouTube Shorts, TikTok, Instagram Reels, and Social Ads, with a primary focus on simplifying the video editing process. The firm employs advanced AI algorithms to identify and remove long pauses, ensuring that even long-format videos maintain a natural flow. The software also utilizes Facial Recognition to deliver seamless cuts and jump cuts when using a single camera.

In addition, Wisecut automatically generates subtitles and offers editing options through its AI Storyboard tool. This feature allows users to create multi-language versions of their videos, catering to diverse global audiences. One of Wisecut's standout features is its Smart Background Music tool, which selects and tailors the soundtrack to complement each video. The software automatically balances audio levels with the help of AI, ensuring that background music is appropriately adjusted when the speaker is talking, enhancing clarity.

The startup generates revenue through its pricing plans, which include the starter plan for USD 10 for starting creators, the premium plan for USD 29 for professional video creators, and the enterprise plan for customized pricing.

The organization plans to use the August 2023 funding for platform expansion and product development.

## Funding rounds

- Seed, Jul 6, 2023, $1.1M — Draper

## Investors

- Draper (https://capitalatlas.ai/funds/draper) — Seed