AI startup Coframe completes $9.3 million seed round

PANews reported on October 31 that according to Reuters, Coframe, an artificial intelligence startup focusing on website optimization, announced the completion of a US$9.3 million seed round of financing, co-led by Khosla Ventures and NFDG, an artificial intelligence-focused fund managed by former GitHub CEO Nat Friedman and former Apple executive Daniel Gross.

Coframe says its platform uses generative AI to continuously test and improve a company's websites and marketing campaigns, including text, visuals, and code. The technology enables businesses to personalize user experience and increase sales. The company has partnered with OpenAI, the creator of ChatGPT, to develop a specialized AI model for generating website code for its user interface. The collaboration aims to solve the challenge of creating visually consistent and brand-compliant user interface elements through automatic code generation.

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