AI content platform Jasper raises $125M at a $1.5B valuation • TechCrunch
An earlier version of this article incorrectly stated that Jasper’s valuation is $1.7 billion. It’s $1.5 billion; we regret the error.
As the enthusiasm around AI image and text generators grows, Jasper, a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.5 billion valuation. The tranche is the company’s first, remarkably, and comes as Jasper is in the process of acquiring AI startup Outwrite, a grammar and style checker with more than a million users worldwide.
CEO Dave Rogenmoser tells TechCrunch the funding will be put toward building out Jasper’s core products,