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Funding · AI & Deep Tech

Clipto raises $15 million for local AI memory

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Date
Company
Clipto
What it does
AI-powered local media search platform
Kind
Funding
Amount
$15M
Stage
undisclosed
Based in
San Francisco
Founded
2023
Sector
AI & Deep Tech

What they do

Clipto provides an on-device AI platform that indexes personal video, audio, and documents to make them searchable through natural language queries

What happened

The startup raised $15 million in an all-equity round at a $250 million post-money valuation, backed by investors including HSG and GL Ventures

Why it matters

The company launched Windows and Android applications and added Model Context Protocol support to let AI agents query private, locally stored media libraries

The details

  • Clipto secured $15 million in a new funding round at a $250 million post-money valuation.
  • The company builds on-device AI software that allows users to search through their private video, audio, and document archives.
  • Clipto recently expanded its platform by launching native applications for Windows and Android devices.
  • It introduced support for the Model Context Protocol (MCP), enabling external AI agents to securely query a user's local media library.
  • The platform aims to serve as a memory layer for AI, helping users retrieve specific moments from large, unstructured data collections.
  • Clipto claims to have over 30 million users and hundreds of thousands of paying subscribers.

The bigger picture

  • Generative AI has increased content production, making it difficult for users to manage and retrieve specific files from their personal archives.
  • Clipto differentiates itself by processing data locally, addressing privacy and bandwidth concerns associated with cloud-based AI tools.
  • The company reached $15 million in annual recurring revenue as of early 2026 and reports being profitable on a net-income basis.

About the business

  • Clipto indexes local files including videos, images, meetings, and documents on a user's computer.
  • The platform uses AI to provide transcription, summaries, and semantic search capabilities for private media.
  • It integrates with professional tools like Adobe Premiere and DaVinci Resolve to assist creators with file management.
  • The company targets creators, lawyers, researchers, and students who manage large volumes of unstructured data.
  • Users can query their archives using natural language without needing to upload files to the cloud.
  • The business operates on a subscription model for its advanced features.

What happens next

  • The company plans to use the new capital to enhance its AI models and computing infrastructure.
  • Clipto intends to build further integrations with more AI agents to expand its utility.

The deal

Type
funding

Investors

  • HSG (participated) — Formerly known as Sequoia China.

Founders

  • Henry Kang, Founder and CEO

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