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About The SaaS CFOAug X Labs, a New York-based AI video technology startup, raised $1 million in pre-seed funding to use AI to democratize video creation by content creators. I interviewed Jeremy Toeman, Founder and CEO, who has a long history of building consumer apps. He built an AI-assisted visual storytelling service that saves time and money for creators. The company is building an AI-based visual storytelling platform that automatically transforms text or audio prompts into compelling, purpose-driven videos that convert audiences. Its platform allows users to automatically augment their video creations using open or licensed media (photos, short clips, etc.), generative media (AI Art), and owned media. Aug X Labs' initial investors and advisers include Yohei Nakajima (Untappd.VC), Noah Gale (Co-Founder, Tribe AI), Marc Whitten (SVP & GM, Create @ Unity), Alanna Gregory (Crosscut VC), David Beck…
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