Alison.ai Boosts Growth with $13.3M to Transform Ad Creation with AI

Asaf Yanai, Alison.ai Co-founder & CEO

Alison Technologies Ltd (Alison.ai), a developer of creative AI solutions for advertising, announced securing $13.3 million in Seed funding. The round was led by Almaz Capital with contributions from Foresight Group, Cardumen Capital, Crescendo Venture Partners, and Alumni Ventures.

The company’s platform uses artificial intelligence to create video ads by analyzing customer data and competitors' creatives. Alison.ai claims its tool enhances advertising returns threefold, boosts click-through rates by 200%, and reduces production costs by 50%.

Founded in 2021 by Asaf Yanai and Koby Berkovich, the firm employs 50 staff and serves major clients such as LG, Bosch, TikTok, and Warner Brothers. CEO Asaf Yanai expressed excitement about the investment, highlighting the potential for further growth and innovation in the advertising industry.

Source: Meir Orbach / CTech