AI-powered writing assistant Author nabs $21M

Writer

Author, which payments itself as an AI writing assistant for advertising groups, at present introduced that it raised $21 million. (Author’s whole now stands at $25 million.) Perception Companions led the collection A spherical with participation from Gradient Ventures, which Author CEO Could Habib says shall be put towards buyer acquisition initiatives and headcount development.

Author’s development comes as entrepreneurs more and more look to AI to bolster their buyer outreach. In accordance to McKinsey, 80% of high-performing corporations have adopted AI in advertising and gross sales for duties like pricing, prediction of chance to purchase, and customer support analytics.

“Our imaginative and prescient is nice writing for everybody,” Habib stated in an announcement. “Most groups don’t have the editorial assets to make sure robust writing and constant messaging throughout giant quantities of content material, so we offer a seamless manner to assist everybody at an organization write properly, write quick, and be on-brand.”

AI-powered solutions

San Francisco, California-based Author, previously Qordoba, was based by Habib and Waseem Alshikh in 2015. Alshikh was beforehand the CEO at iMena, a holding firm with information, ecommerce, and categorized adverts companies working within the Center East and North Africa. Habib was VP at one of many world’s largest sovereign wealth funds, the place she was the primary worker on the know-how funding group.

The 2 began Author out of a mutual want to construct software program that helps corporations write extra clear, constant advertising copy. Leveraging AI, Author’s platform delivers tips that assist organizations align content material spanning communications, advertising, product, and human assets paperwork.

On the AI aspect, Author employs an engine that evaluates issues like plagiarism, sentence complexity, tone, paragraph size, spelling and grammar, formality, energetic voice utilization, and different key metrics. Past this, the platform lets corporations create a “single supply of fact” for model phrases that customers can construct, edit, and share. For instance, groups can present examples of utilization with descriptions and steering and use tags, filters, statuses, and edit historical past to arrange phrases right into a taxonomy throughout apps together with Chrome, Microsoft Phrase, and Figma.

“From single sentences to page-long templates, make it simple to your group to reuse your authorised content material,” Author explains on its web site. “Protect formatting, lists, and hyperlinks, and embody variable placeholders for dynamic content material. Arrange your snippets right into a library with tags, filters, and statuses so that they’re simply findable.”

With Author’s snippet shortcuts characteristic, customers can name up a snippet anyplace they write with a shortcut, or search in-line for content material. And with Author’s admin features, group leaders can set editorial model guidelines for punctuation and capitalization whereas implementing studying grade degree necessities throughout the group.

Author gives model information administration with templates and examples, permitting customers to hyperlink to guidelines, time period banks, and snippets libraries. The fonts, colours, and branding on model information pages are customizable, and the pages may be printed to the net for public consumption.

Competitors

Enterprises are boosting their investments in instruments like Author that faucet pure language processing (NLP), the subfield of linguistics and AI involved with how algorithms analyze giant quantities of language knowledge. In response to a survey from John Snow Labs and Gradient Movement, 60% of tech leaders indicated that their NLP budgets grew by at the least 10% in comparison with 2020, whereas a 3rd — 33% — stated that their spending climbed by greater than 30%.

Author has competitors in Grammarly, which equally gives an AI-powered writing assistant for a spread of use circumstances. However Author asserts that Grammarly doesn’t boast the identical model information and “voice alignment” capabilities, nor options like gender-neutral pronoun and “plain language” conversion.

Author counts Pinterest, Invoice.com, Accenture, Deloitte, Twitter, and Intuit as prospects. This yr, annual recurring income tripled because the startup’s buyer base reached 150 manufacturers.

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