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Ex-Ramp engineers raise $25 million for creative AI agents after scrapping their first idea

Melius, founded in 2026 by three former Ramp engineers, raised $25 million from General Catalyst and CRV for AI agents that handle creative production work. The investors are backing a team that has already thrown out one product, and a creative platform that is only months old.

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What happened

  • The total is a $5 million seed led by General Catalyst and a $20 million Series A led by CRV, with Genius Ventures, Vine Ventures and Anti Fund also investing.
  • New York-based Melius says teams of AI agents on its platform manage production of images, video and audio, so users do not have to write prompts by hand.
  • Co-founder Joowon Kim pitched the product as "a set of agents" in place of "another tool with a learning curve."
  • The company plans to spend the money on hiring, a go-to-market and sales organization, and further work on its agents lab.

Why it matters

  • What doesn't add up contradiction One listing files the full $25 million as a Series A led by both firms, so round-size comparisons built on that page overstate the A by $5 million.
  • What it costs cost A sales organization is payroll Melius has to carry even if the product changes again, and its founders have changed product once already.
  • What it limits constraint If individual creators turn out to be the buyers, the paying pool is small: only 4.5% of consumers held a personal ChatGPT, Gemini or Claude subscription in August.

CRV put up four of every five dollars in the raise, and its Series A is four times the size of the seed [16]. Both checks went to a company founded in 2026 [17]. Its founders all worked as engineers at Ramp and first set out to build an AI-powered performance marketing tool [4]. After six months they decided that idea did not "have legs," Joowon Kim told TechCrunch, according to PYMNTS, and they turned to tools for making creative assets and campaigns [10]. "We scrapped the entire codebase; we burned all of it," he said [11].

If those six months fell inside 2026, the creative platform was no more than about three months old when the funding was announced on Oct. 6 [1]. Oct. 6 is the 279th day of the year. Take away roughly 182 days for the abandoned idea and about 97 remain [18].

The case for agents over conventional creative software comes from Kim. "Transitioning from wanting to make something to actually making it has never been seamless," he wrote in the announcement [7]. Users, he added, should be able to say things like "expose a more natural lighting" and let "agents obsess over the menial tasks that never defined what it meant to be creative" [13]. The announcement, as reported, does not include a valuation, revenue or a customer count. For now, the claim that agents take production work away from design software is Kim's argument.

One reading is that General Catalyst and CRV [5] paid for founders who will kill an idea at six months. If so, a second pivot would still fit what they signed up for. Another reading is that the pivot moved less than the burned codebase suggests. The platform is built for images, videos and ad campaigns [2], and I'd expect the people who buy ad campaigns to overlap heavily with the people who would have bought a performance marketing tool. A third is a consumer business, where payers are rare but spend a lot: the top 1% of consumer AI spenders averaged $903 a month in August, an 80% increase over the prior 18 months, according to an Andreessen Horowitz analysis of YipitData figures [14].

I think the second reading is the likeliest. A startup building out a sales organization [6] is usually selling to companies. The counter-thesis is Kim's own: a product with no learning curve can sell to anyone with an idea. A next round priced on revenue from customers who cut design-software spending in favor of Melius agents would prove him right and this column too cautious.

What to watch

  • A disclosed valuation or revenue figure for Melius would show whether CRV priced the team or the product.
  • The first named customers from the new sales organization, and whether they are marketing teams buying ad campaigns or individual creators.
  • Whether Melius raises more than the $20 million Series A in its next round without changing product again.

Information, not investment advice. This story is general information about companies and markets, drawn from cited reporting. It is not a recommendation to buy, sell or hold any security; check the cited sources before acting.

Clarity's read

What the record supports and how the coverage leans. The claims behind it follow.

Reality

Evidence55
Adoption25
Hype gap+30
Incentives70
Confidence55

Perspective Coverage

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Operator
Operator 26%
Investor
Investor 53%
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Claim ledger

Ranked by verification strength, evidence, and original report placement.

  1. [1]

    Melius, a startup offering AI agents for creative work, raised $25 million in new funding, announced Tuesday, Oct. 6.

    Reported SupportedView cited source
  2. [2]

    The funding will help Melius expand its platform, designed for people using AI to create images, videos and ad campaigns.

    Reported SupportedView cited source
  3. [3]

    Melius's $25 million total consists of $5 million in seed funding and a $20 million Series A.

    Reported SupportedView cited source
  4. [4]

    Joowon Kim, Young Kim and Arnav Ramu all worked as engineers at Ramp and originally wanted to create an AI-powered performance marketing tool.

    Reported Supported Source: TechCrunch report, as cited by PYMNTSView cited source
  5. [5]

    The seed was led by General Catalyst and the Series A by CRV; other participating investors include Genius Ventures, Vine Ventures and Anti Fund.

    Reported SupportedView cited source
  6. [6]

    Melius plans to use the funding to grow its team, build out its go-to-market and sales organization, and continue expanding its agents lab.

    Reported SupportedView cited source
  7. [7]

    "Transitioning from wanting to make something to actually making it has never been seamless," Co-Founder Joowon Kim wrote in the announcement.

    Reported Supported Source: Joowon Kim, in the funding announcement, as reported by PYMNTSView cited source
  8. [8]

    Kim argued the solution is not "another tool with a learning curve, but a set of agents whose whole job is to take the thing in your head and do the labor of getting it out."

    Reported Supported Source: Joowon Kim, as reported by PYMNTSView cited source
  9. [9]

    The funding details on the listing give Raised: $25M, Round: Series A, and Lead Investor: General Catalyst, CRV.

    Reported SupportedView cited source
  10. [10]

    After six months of work, the trio decided the performance marketing idea didn't "have legs," Joowon Kim told TechCrunch, leading them to focus on tools for creating creative assets and campaigns.

    Reported Supported Source: Joowon Kim to TechCrunch, as cited by PYMNTSView cited source
  11. [11]

    "We scrapped the entire codebase; we burned all of it," Kim said.

    Reported Supported Source: Joowon Kim, as reported by PYMNTSView cited source
  12. [12]

    Melius is based in New York and provides a creative operating system that allows teams of AI agents to manage the production of images, video and audio, removing the need for manual prompt engineering.

    Reported SupportedView cited source
  13. [13]

    Kim said that means saying things like "expose a more natural lighting" and letting "agents obsess over the menial tasks that never defined what it meant to be creative."

    Reported Supported Source: Joowon Kim, as reported by PYMNTSView cited source
  14. [14]

    An Andreessen Horowitz report based on YipitData spending data found the top 1% of consumer AI spenders averaged $903 a month in August, an 80% increase over the prior 18 months.

    Reported Supported Source: Andreessen Horowitz analysis of YipitData, as reported by PYMNTSView cited source
  15. [15]

    Only 4.5% of consumers in YipitData's research held an active personal subscription to ChatGPT, Gemini or Claude in August, more than double the 2.1% from last year.

    Reported Supported Source: YipitData, as reported by PYMNTSView cited source
  16. [16]

    The $20 million Series A is 80% of the $25 million total (four of every five dollars) and four times the $5 million seed.

    Derived Supported
  17. [17]

    Melius was founded in 2026 by CEO Joowon Kim, CTO Young Kim and COO Arnav Ramu.

    Reported ContestedView cited source
  18. [18]

    If the six months spent on the performance marketing idea fell within 2026, the creative platform was at most about 97 days, roughly three months, old at the Oct. 6 announcement.

    Derived Contested

Sources

4 independent publishers whose own reporting we read for this story.

  1. globenewswire.com

    1 article · October 6, 2026

    Melius Raises $25 Million for the First Agents Lab for
  2. pymnts.com

    2 articles · October 7, 2026

    PYMNTS | Ramp Veterans Raise $25 Million for AI Creative Platform Mel…
  3. techcrunch.com

    2 articles · October 6, 2026

    Ex-Ramp engineers raise $20M for platform Melius after scrapping their first product
  4. thesaasnews.com

    1 article · October 7, 2026

    Melius Raises $25M Series A

Topics and entities

Topics

  • AI Agents
  • Startup venture funding
  • Consumer AI spending
  • Generative AI for creative production