Investing in Shai—AI-powered pre-production
Investing in Shai—AI-powered pre-production
Words Founders Factory
August 22nd 2024 / 3 min read
We’re excited to announce our latest Accelerator investment with Pico—Shai.
The problem
Workflows in creative industries are surprisingly outdated and ripe for disruption.
Production processes in creative professions are plagued with inefficiencies and manual workflows. Each step—from idea generation to concept visualisation, through to planning and budgeting—is time consuming, manual, and inefficient.
The cost alone is significant: pre-production, for instance, alone accounts for up to 15% of the total creative budget. Moreover, many agencies and studios still rely on tools like Excel and Google Sheets, leading to fragmented communication, version control issues, and a lack of visibility into the overall process, leading to unnecessary costs and additional budget issues. This is even worse for smaller studios or agencies, who work on shorter form content and lack access to dedicated tools and resources.
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Subscribe hereThe solution
Shai is an AI-powered platform that streamlines and automates the pre-production process for creative industries—making it up to 20x faster and more efficient.
The platform improves efficiency at all stages, allowing you to rapidly visualise concepts by generating storyboards and visual references from scripts or briefs, automating resource allocation and creating dynamic schedules to optimise this, and generating accurate budget estimates based on project requirements and historical data.
Shai is initially focused on the video production market, partnering with major advertising and movie production studios like Hogarth, IDX, and Territory Studios, with ambitions to become the go-to solution for streamlining creative workflows across industries.
The team
Leonardo Piumi (CEO & co-founder)
Leonardo brings years of experience across technology, digital media, and content creation. After managing millions of dollars in content distribution for a media tech company in San Francisco, he was the Head of Social Content at Tripaneer, managing over 400k followers across socials. More recently, he was Senior Global Creative Producer for the kitchen appliance segment at Philips.
Jeroen van Gorsel (CTO & co-founder)
Jeroen is an accomplished AI and machine learning expert with strong technical experience. He has a PhD in String Theory, having developed specialised software tools to automate algebraic computations. He spent several years at Aegon as a risk analyst, before working as a product researcher consulting businesses on opportunities in GenAI breakthroughs.
Why we’re excited to invest
Levi Young, sector director at Founders Factory, says: “Shai has built a first-of-its-kind AI solution targeting a huge global market for the creative industries, giving it the potential to lead the market and transform the video production process. Founders Leonardo and Jeroen combine tremendous experience in digital media and AI & machine learning, making them a formidable team to address this problem space. We look forward to work with them as they scale the business!"
What Shai is looking to gain from the programme
Shape Shai into an essential product for customers and appetible investment for VCs
Learn and implement processes that we can replicate for further product reiteration/launches
Build long lasting relationships with major creative organizations
Interested in partnering with one of the world's biggest events & media businesses?
Learn more about our Pico Accelerator
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