Melbourne-based Cuttable has raised an additional $4.5 million in seed funding, bringing its total to $10 million, as it launches what it calls the world’s first AI creative agency purpose-built for scaling online businesses. The round was led by Square Peg, with participation from Rampersand and new investor Brand Fund.
After a year of development blending AI innovation with advertising expertise, Cuttable’s fully automated platform can produce hundreds of on-brand, performance-ready ads in minutes. Targeting medium-sized brands and e-commerce businesses, the service has already created more than 10,000 ads during early trials in 2024. Officially launched three weeks ago, the platform has signed multiple Australian brands and aims to streamline ad production for Facebook and Instagram, offering a faster, more cost-effective alternative to traditional agencies.