Promise builds software for governments to interact with citizens, focusing on distributing aid, managing rebate programs, verifying income quickly, and offering affordable debt options through the PromisePay platform. It uses data to identify vulnerable residents, ensures beneficiaries receive eligible benefits, streamlines rebates, and reduces fraud while maintaining strong security and compliance (SOC 1, SOC 2, PCI-DSS). The platform combines aid distribution, rebate management, income verification, and debt solutions in one public-sector–focused system, with an emphasis on dignity and trust. Its goal is to make benefits easier to access, cut fraud and waste, and provide sustainable ways for people to meet public service obligations.
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Industries
Company Size
201-500
Company Stage
Series B
Total Funding
$48.1M
Headquarters
Oakland, CA
Founded
2017
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Total Funding
$48.1M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Promise, an AI film studio founded by leaders from the YouTube creator ecosystem, is revolutionizing the film industry by democratizing and innovating film production with AI. In May, Promise secured investment from Google's AI Futures Fund, though the amount remains undisclosed.
Promise AI Studio has secured new investments from Google's AI Futures Fund, Michael Ovitz's Crossbeam Venture Partners, Kivu Ventures, and Saga Ventures. The North Road Company, a previous co-lead investor, increased its investment. The Venice-based studio, founded by Jamie Byrne, George Strompolos, and Dave Clark, is developing its first feature film, "NinjaPunk," combining AI and traditional filmmaking. A strategic partnership with Google will enhance its Muse software.
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Industries
Company Size
201-500
Company Stage
Series B
Total Funding
$48.1M
Headquarters
Oakland, CA
Founded
2017
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs