Typeface, a startup developing an AI-powered dashboard for drafting marketing copy and images, emerged from stealth this week with $65 million in venture equity backing from Lightspeed Venture Partners, GV (Google Ventures), M12 (Microsoft’s Venture Fund) and Menlo Ventures.
Founded by former Adobe CTO Abhay Parasnis, Typeface attempts to combine generative AI with a brand’s tone, audiences and workflows to — as Parasnis rather aspirationally puts it — “reimagine” content workflows and corporate content development.
“We provide a generative AI application that empowers businesses to develop personalized content,” Parasnis said. “CEOs, CMOs, heads of digital, and VPs and directors of creative are all expressing a growing demand for combining...