New York and Tel Aviv-based AI branding startup Tailor Brands has raised $15. 5 million in Series B funding. Pitango Venture Capital Growth Fund and British Armat Group led the round with participation from Disruptive Technologies L.P and Mangrove Capital Partners, bringing total investments in the company to $20.6M.
The new round of funding will be used to expand Tailor Brand’s global presence, introduce new languages on the platform, launch new tools as part of the company’s full branding subscription, and support in strategic new hires.
Co-founded by Yali Saar, Nadav Shatz, and Tom Lahat, Tailor Brands is the world’s first automated branding agency using AI to create all aspects of branding such as logos and copy writing to automating social presence for businesses.
Servicing over 5 million businesses across the world, Tailor Brands utilizes their technology to teach robots how to design, and aims to democratize the creative industry by ensuring every business has the opportunity to stand out.