Cluely, founded by Chungin "Roy" Lee, has raised $5.3M in seed funding from Abstract Ventures and Susa Ventures for its AI tool that helps users cheat in various settings.
Apr 21, 2025•3 months ago
Amount Raised
$5.3 Million
Round Type
seed
Investors
Susa VenturesAbstract Ventures
Description
Chungin "Roy" Lee announced the $5.3 million seed funding for his startup Cluely, which offers an AI tool capable of providing answers during exams and interviews. This funding was led by Abstract Ventures and Susa Ventures. The company's controversial approach has drawn both criticism and praise on social media. Cluely aims to redefine the notion of cheating in professional environments.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers