Rephrase.ai has been acquired

Ashray Malhotra
Announcements
February 23, 2024

Hello Rephrase.ai Community,

We've got some exciting news to share: Rephrase.ai has been acquired by a major tech company. Please refer to this page for more details.

Background


Let's rewind a bit. It all began in 2019, a dream shared among three IIT grads. Today, this acquisition isn't an endpoint; it's a brand-new chapter!

Every stride we've taken—from our inception to now—has showcased our dedication and innovation. Securing seed funding in 2020 and Series A in 2022 was a game-changer. Our mission was simple: streamline video creation. The outcome? An array of digital clones, millions of videos, and cherished memories.

What's truly inspiring is the 50,000+ amazing customers we've collaborated with, including industry giants like Mondelez, J&J, Microsoft, DBS, IBM, and Comcast. Our partnerships went beyond business; they were collaborations with fellow visionaries.

We've hit remarkable milestones—graduating from the Comcast NBCUniversal LIFT Labs Accelerator, captivating millions through our award-winning campaigns, and driving substantial returns for our clients.

Remember the unforgettable #NotJustaCadburyAD for Cadbury? It earned global recognition and a special place in our hearts. The love and recognition we received exceeded our wildest dreams.

Now, with this acquisition, we're geared up for what lies ahead. But remember, this isn't the final chapter; it's a fresh start filled with gratitude and a commitment to continued innovation. Here’s how it impacts our customers.

Customer Impact

  • We will not be signing more customers.
  • All our customers who currently have access to the platform (or have unused credits) will have access to our services for a maximum of 75 days. You should have received an email from us already.

We understand that this change might cause some interruption in your business and we want to ensure all our customers have a great experience. We are happy to answer any questions you may have. Please feel free to contact us at support@rephrase.ai. We will promptly respond to any questions on this email, but please note that previous methods of support might be deactivated / have increased response times.

Thank you for being a part of our journey.

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