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Clipto raises $15M at $250M valuation for AI-powered file search

Created at 31 Aug · 4:21 PM1 source↑ Market-relevant
IN SHORT

Clipto, a startup using AI to make video, audio, and documents searchable on a user's device, has raised $15 million at a $250 million post-money valuation. The funding will support AI model development and infrastructure for local processing.

Key Numbers

$250Mpost-money valuation
$15Mfunding round
2026annual recurring revenue reached $15M at start of
30M+users
20employees
2006year founder Henry Kang began working on related problems

Who's Involved

Clipto
startup using AI to make files searchable
Henry Kang
Founder of Clipto and previous startups ZenVideo and a closet-tracking company
HSG (formerly Sequoia China)
Investor in Clipto's funding round
GL Ventures
Investor in Clipto's funding round
EnvisionX Capital
Investor in Clipto's funding round
Palm Drive Capital
Investor in Clipto's funding round
Hans Tung
Investor in Clipto's funding round
Lu Zhang
Investor in Clipto's funding round
522 Ventures
Investor in Clipto's funding round
Tencent
Acquired ZenVideo in 2020
Clipto raises $15M at $250M valuation for AI-powered file search

↳ Why This Matters

Clipto's success highlights the growing demand for AI-powered tools that manage and make sense of the ever-increasing volume of digital content. The company's focus on local processing and cross-platform search aims to provide a distinct advantage in a market increasingly dominated by large tech firms, potentially shaping how individuals and professionals interact with their personal data.

Key facts

  • Clipto uses AI to make video, audio, images, and documents searchable on a user's local device.
  • The company has raised $15 million in an all-equity funding round.
  • Clipto achieved a $250 million post-money valuation.
  • The funding will be used for AI models, computing infrastructure, and integrations with AI agents.
  • Clipto supports local processing without requiring cloud services.
  • The company has over 30 million users and hundreds of thousands of paying subscribers.

Clipto, a startup focused on making vast amounts of digital content searchable using artificial intelligence, has secured $15 million in an all-equity funding round, valuing the company at $250 million post-money. The company aims to address the growing challenge of managing an overabundance of digital files, particularly videos, by enabling users to search their local storage using natural language prompts.

Founded in 2023 by Henry Kang, who has two decades of experience in AI and robotics, Clipto builds on his previous work. His prior startups included a system for tracking clothing in closets and ZenVideo, a video creation platform acquired by Tencent in 2020. Kang's core insight is that the AI era has created a content surplus, making it difficult to find and reuse existing files.

Clipto's product initially targeted video creators but has since attracted a diverse user base, including lawyers, doctors, researchers, and educators. The company reports over 30 million users and hundreds of thousands of paying subscribers, with a significant portion remaining subscribed for over two years. Clipto achieved $15 million in annual recurring revenue at the start of 2026 and is profitable.

Recently, Clipto integrated support for the Model Context Protocol (MCP), allowing AI applications to connect with indexed files upon user authorization. A key feature is that all processing occurs locally on the user's device, enhancing privacy and security. This local processing capability is a significant differentiator as larger companies like Adobe, Apple, and Google also offer AI-powered search within their own ecosystems.

The new funding will be allocated towards enhancing Clipto's AI models, bolstering its computing infrastructure for consumer hardware, and expanding integrations with more AI agents. The company believes its unified approach to searching across various file types and enabling AI tool interaction will allow it to compete effectively against established tech giants.

Frequently asked questions

Clipto uses AI to make video, audio, images, and documents stored on a user's computer searchable through natural language queries.

Clipto raised $15 million in an all-equity round at a $250 million post-money valuation.

Clipto focuses on searching existing files locally on the user's device without requiring cloud services, and supports integration with various AI tools.

Investors include HSG (formerly Sequoia China), GL Ventures, EnvisionX Capital, Palm Drive Capital, Hans Tung, Lu Zhang, and 522 Ventures.

What Happens Next

01Clipto will use the new funding to develop AI models and computing infrastructure.
02The company plans to expand integrations with more AI agents.
03Clipto will continue to develop its AI-powered search capabilities for various file types.

How It Developed

Clipto was founded in 2023 by Henry Kang and former team members from his previous startup.
The company focuses on helping users find and reuse existing digital files, particularly video.
Clipto has expanded its user base beyond video creators to include professionals in law, medicine, research, and education.
More than 30 million people have used Clipto's products since launch.
Clipto reached $15 million in annual recurring revenue at the beginning of 2026.
Clipto added support for the Model Context Protocol (MCP) to connect AI applications with outside information sources.
Clipto raised $15 million in an all-equity round at a $250 million post-money valuation.
The funding round included investors such as HSG (formerly Sequoia China), GL Ventures, and EnvisionX Capital.

Sources

T1
Clipto uses AI to search terabytes of video and is now valued at $250MTechCrunch

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