Home AI AI-Driven Software Startup Mega Raises $11.5 Million In Funding To Help SMBs Drive Sales

AI-Driven Software Startup Mega Raises $11.5 Million In Funding To Help SMBs Drive Sales

SHARE:

AI startups have become so ubiquitous that it’s actually possible to unintentionally found one.

That’s how Mega was born, an AI solution helping small and medium-size businesses (SMBs) develop ads and improve their website and SEO content.

Mega was founded in 2025 as a gaming business. When ChatGPT launched, the team built its own agent on the model to improve Mega’s SEO and ad content, said Co-Founder Lucas Pellan. Its traffic skyrocketed.

Other founders Pellan spoke to wanted to get their hands on the agent, too. Hearing a few people express interest was nice, said Pellan, “but then you hear it 30 to 40 times, and you go, hey, maybe we’re really on to something here.”

Smaller companies were excited by the prospect of lead-generation tools (like optimizing SEO, web design and ad creative) at a lower cost than a traditional agency model.

The video game business soon met its end, as Mega fully pivoted to providing AI-driven marketing software.

On Monday, Mega announced $11.5 million in Series A funding, led by Goodwater Capital.

Unlike the initial version, which was built solely on ChatGPT, Mega’s current agents use a variety of model providers, depending on use case.

Each agent falls into one of three categories: SEO (like writing blog posts and performing keyword research), ads (writing creative briefs and designing ad creative) and website (developing the most user-friendly design in terms of appearance and navigation).

Most AI products are tools that people have to “wrestle with,” said Pellan. Mega’s tools aim to take some of the work out of the user’s hands by fully automating the strategy development, execution and reporting. But, by definition, the process also removes a bit of user autonomy.

When a user logs into the product, said Pellan, they can see the work being done on their behalf as well as performance metrics, but they aren’t able to click in and alter any of the outcomes. For instance, instead of putting out perhaps one blog post a week, Pellan said, Mega can generate and post 10 per day – but humans aren’t reviewing the copy before it goes out onto the site.

Over half of Mega’s work is fully automated, with another 35% or so mainly automated with a human in the loop. The remaining 10% is end-to-end human production.

Most of the funding will go toward hiring on the product and software development teams to work on the next stage of the product: a sales ops agent to assist with qualifying leads and scheduling appointments. Right now, said Pellan, Mega only helps with lead generation, but it plans to build out the product so it can help throughout the process all the way through closing the deal.

The funding will also contribute to marketing and sales, said Lucas, both in terms of hiring and investing more into marketing channels.

SMBs are a big market with small budgets. But prior to AI, said Pellan, it was “really difficult” for tech companies and startups to profitably serve small businesses. Now, AI has made the market more affordable, he said, so “both parties can win.”

Must Read

Why Major UK Publishers Are Finally Joining Forces To Curate Ad Inventory

Atria’s collective approach is a response to growing monetization challenges and the need to protect the value of human journalism in the AI era.

Toronto Canada pride parade includes a crowd waving pride flags

Ad Performance And Politics Steered Brand Dollars Away From LGBTQ+ Communities – But The Pendulum Will Swing Back

The current administration has discouraged many marketers and organizations from showing support for the LGBTQ+ community, including during Pride month.

How AI Can Enhance Content Without Generating It

As much as consumers complain about AI-generated content, advertising experts say AI still has an important place in video creation and production, including for ads. But using AI in content without turning off consumers is a tricky dance.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

How Tovala Banks On Subscriptions And Incrementality – But Not Ads – To Profit From Its Oven

Smart TVs, refrigerators and other home appliances may pester you with marketing, but at least the hardware is cheap. Another startup taking a different approach to the same theory is Tovala, which was founded in 2015 and combines a standalone countertop oven with a weekly meal kit subscription.

Shopify Wades Deeper Into Advertising, But Not Ad Tech

Shopify is slowly but surely making its way into the ads business. But the ecommerce leader maintains its laissez-faire approach to ad monetization.

Advertisers Say They Need More Data From Netflix

Netflix touts sharper targeting, but buyers say its black-box approach – especially the lack of usable IP data – is blunting measurement and quietly pushing performance-driven spend elsewhere.