US-based Clipto, which enables AI-powered searches across videos, audio and documents, raised $15 million in a funding round joined by HSG, GL Ventures and other investors. The company, founded in 2023, reached a valuation of $250 million.
Founded by Hongwen Henry Kang, Clipto allows users to search the content on their computers using natural language instead of browsing file names. The platform can find specific moments in videos, summarize content and direct users to relevant sections. The company will use the new funding for AI models that run on consumer devices, computing infrastructure and integration with AI agents.
Why it matters
The intended uses of the funding show that Clipto is moving beyond being a platform that merely makes file searches easier and is turning toward developing AI models that run on consumer devices and agent integrations. This direction could change search habits for users working with content in different formats by reducing their reliance on file names or folder structures; the ability to access and summarize specific moments in videos broadens the scope of this use. The company’s valuation reaching $250 million shows that the funding round represents a financial vote of confidence based on the company’s growth plans, beyond its product features. The open question is what concrete features the new resources will translate into through the integration of models on consumer devices and AI agents.