Company Profile (AI Text) Name: Novella AI Canonical URL: https://wefunder.com/novellaai Updated at: 2026-06-02T05:01:44Z Tagline: The Future of Video Editing Key claims: - Total raised on Wefunder: 349494 | citation: https://wefunder.com/novellaai#claim-total-raised - Total investors: 162 | citation: https://wefunder.com/novellaai#claim-total-investors Verified facts: - Total raised on Wefunder: 349494 | observed_at: 2026-06-02T05:01:44Z | expires_at: 2026-06-03T05:01:44Z - Total investors: 162 | observed_at: 2026-06-02T05:01:44Z | expires_at: 2026-06-03T05:01:44Z Computed metrics: - total_amount_raised: 349494 - total_investors: 162 - team_size: 2 - featured_investor_count: 1 - faq_count: 5 - recent_post_count: 0 Quick facts: - Cutting edge video editing app by Hollywood & Tech pros with 30+ yrs experience. | citation: https://wefunder.com/novellaai#claim-fact-1 - Guided by Michael Phillips, AVID Media Composer co-inventor and Oscar of tech laureate. | citation: https://wefunder.com/novellaai#claim-fact-2 - Elite team that’s worked with Apple, Adobe & Google developing our advanced & intuitive editing app. | citation: https://wefunder.com/novellaai#claim-fact-3 - Pre-launch, bootstrapped initiative by a top-tier team with a clean cap table. | citation: https://wefunder.com/novellaai#claim-fact-4 - Surveyed Industry Pros & UCG editors have extremely high interest in what we are doing. | citation: https://wefunder.com/novellaai#claim-fact-5 FAQ: - Q: Hi team, do you have a product yet? Or a working prototype of your product's capability? If the product is still being developed, what stage of development is it in? A: Hello Tuan, our beta will be available to our entertainment industry network in July and our first product will release in early 2025. Hope that helps. If you have anymore questions email michael@novella-ai.com - Q: Hi team, I'm considering an investment in Novella and have a question about competition. I noticed that software companies like veed.io and InVidio already offer similar capabilities, and Adobe also provides AI features in Premiere Pro. Considering these existing options, what... A: Hello Walter, Thanks for your interest in Novella and interest in investing in us! We differentiate ourselves from platforms like veed.io by providing an app that caters not only to quick edits mostly used in short-form videos such as TikTok but also to more robust long-form content that requires more refined editing capabilities. When it comes to pricing, we plan on doing a little more research before committing on any numbers. We want to make sure that our pricing will benefit all users, in... - Q: Hi team, Thanks for the amazing pitch. It looks really strong. However, I have a question. What is the scale that you are looking to operate in? Is it for big budgeted movies or is it mostly for content creators on YT, Instagram and Tiktok? If it's for the social media/youtube... A: Hi Srikar, thanks for your interest. Our primary focus is on empowering content creators, particularly within the YouTube domain. However, we’re witnessing an evolving landscape where the distinction between traditional “Hollywood” productions and “User Generated Content” is increasingly becoming blurred. To illustrate, consider Adobe Premiere Pro, which commands a significant 47.4% market share in the video editing realm for YouTube, according to MarketSplash: https://marketsplash.com/adobe-... - Q: How many beta customers do you have and what will the funds be used for? For example, are any founders writing code exclusively or will some of the funds go to R&D? A: Currently we have vetted about 50 beta customers that we are excited to share the product with, and will expand as needed. Our technical founder is writing some code, but we are bootstrapping with a founding dev team, all of which are friends. As far as where the funds will go, it will only be directed towards our MVP product as needed. - Q: I’m really intrigued by the roadmap you’ve laid out, especially the move toward an enterprise-grade product for Hollywood workflows. One question I had is about the core AI engine: are you building your own proprietary models for tasks like scene detection, dialogue isolation,... A: Early on we are not trying to build foundational AI models from scratch. For things like scene detection, dialogue isolation, and smart trimming, we will rely on proven third party APIs. That lets us move fast, control burn, and most importantly learn how editors actually use these tools in real workflows. The problem we are solving is not whether an AI model can detect a cut or clean dialogue. The real problem is that these capabilities live in disconnected tools that do not integrate cleanl...