Toronto (June 1, 2021)

Toronto startup Wombo has raised $6 million from investors such as Ashton Kutcher.

Sure, Benkhin had AI knowledge, but he had little business experience, and he didn’t have a formal strategy for getting people to use his app.

McIsaac, a Toronto partner at Global Founders Capital, a venture firm that has backed Away and HelloFresh and has 16 offices worldwide, had personally taken an interest in artificial-intelligence companies and found the app intriguing.

On Wombo, users choose from a select list of songs, and the app generates an avatar with distinct movements that are meant to be humorous and not 100% lifelike, Benkhin said.

Leave a comment

Your email address will not be published. Required fields are marked *