Y Combinator joins $10m series A for Indian AI startup Clueso

Clueso, an agentic video platform for businesses founded by IIT Madras alumni, has secured $10 million in a Series A funding round led by Dharana Capital. Founders Future, Neotribe Ventures, Y Combinator, and f7 Ventures also participated in the round, bringing the total funds raised to $12 million. Established in 2023 by Akash Anand, Prajwal Prakash, and Neel Balar, Clueso is headquartered in California and Bengaluru.

The startup aims to use the funding to expand its enterprise go-to-market reach, enhance its AI capabilities, and improve video editing features.

Over 1,000 companies currently utilize Clueso's platform to produce videos for marketing, customer success, education, onboarding, and training purposes. Notable customers include Atlassian, Zendesk, Gainsight, GlobalPartners, Seismic, and Ironclad. The platform reports productivity gains of more than 5 times and an 80% reduction in video production costs for its users.

Clueso's co-founder and CEO, Akash Anand, explained that the company initially focused on helping customer-facing teams create product tutorials more efficiently. However, they quickly recognized the broader potential for their technology across various departments. Today, Clueso functions as an AI-driven video production team that any organization can rely on to create, edit, and maintain videos as their business evolves.

The startup is developing AI agents that comprehend a company's products, processes, brand, and context, enabling them to generate and maintain videos tailored to the organization's needs. Vamsi Duvvuri, Founder and Managing Partner at Dharana Capital, highlighted that AI is transforming video from static media files into dynamic, context-aware assets that adapt to changes in business processes and products.