Funding & Finance

Napkins: Visual AI for business storytelling

Napkin, the company that uses Visual AI to improve business storytelling, has recently come out of stealth mode with $10 million (R 183,638,000.00) in funding from Accel and CRV. The funding will help Napkin further its goal of converting text into powerful visuals, enhancing business communication's engagement and efficiency. Napkin was created by Pramod Sharma

Napkins: Visual AI for business storytelling

Napkins: Visual AI for business storytelling

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Napkin, the company that uses Visual AI to improve business storytelling, has recently come out of stealth mode with $10 million (R 183,638,000.00) in funding from Accel and CRV. The funding will help Napkin further its goal of converting text into powerful visuals, enhancing business communication’s engagement and efficiency.

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Napkin was created by Pramod Sharma and Jerome Scholler after their successful venture with Osmo, which is an AI gaming company aimed at making learning fun for kids. Osmo’s Reflective AI, integrated into products with Disney and Mattel’s Hot Wheels, is used by millions of children and classrooms.

Napkin’s creative platform allows users to easily transform text into visuals. Napkin improves current workflows without the need for users to change platforms by connecting with tools such as Google Docs, Slides, Canva, Slack, Word, PowerPoint, Email, and Text. The current state of this feature is in progress, giving users a preview of what it could become.

Napkin’s creative application of generative AI technology helps open opportunities in marketing and design. Napkin assists the creative process by automatically generating visual content for social media campaigns and creating catchy graphics for advertisements, helping businesses stand out in the digital field.

Napkin’s process is straightforward:

  • Bring Your Text: Users have the option to either paste the text they already have or create text using an AI prompt.
  • Generate Visuals: With a simple click on the “spark icon” in the text, Napkin instantly changes the content into suggested visuals.
  • Customize: Users can personalize font, colour, shape, design, and other features using Napkin’s editing tools.
  • Embedded into Workflows: Napkin’s visuals can be accessed on various platforms like Google Slides, Docs, Microsoft Word, PowerPoint, Substack, Medium, Slack, Notion, Canva, LinkedIn, X, Instagram, and other platforms.

Napkin is ready to change the way business communication is done, by allowing all individuals to create their own visual stories.

Main Image: FinSMEs

Funding & FinanceAfrican startups
Mduduzi Msimango

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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