Ex-Ramp Engineers Raise $20M Series A Led by CRV for Creative Platform Melius
Melius, an artificial intelligence platform for creating ad campaigns, images, and videos, announced on Tuesday that it raised $25 million in total funding. This includes a $20 million Series A round led by CRV and a $5 million seed round led by General Catalyst.
Melius, an artificial intelligence platform for creating ad campaigns, images, and videos, announced on Tuesday that it raised $25 million in total funding. This includes a $20 million Series A round led by CRV and a $5 million seed round led by General Catalyst. Former Ramp engineers Joowon Kim, Young Kim, and Arnav Ramu founded the New York-based company.
The co-founders originally built an AI performance marketing tool, but they scrapped the entire codebase after six months because the initial idea lacked traction. The team then pivoted to build tools that generate creative assets and campaigns. Melius came out of stealth in July and claims to have reached over $1 million in annualized revenue within two months.
The platform competes with other market players such as Higgsfield, Krea, and Flora AI. Co-founder Joowon Kim stated that market demand is large enough to support multiple competitors. Melius offers a platform where users can turn their ideas into reality using plain language.
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Original publication: 7 October 2026 04:04
