Mark Cuban Co-Leads Clipbook’s $3.3 Million Seed Round After Cold Email Pitch

Mark Cuban, the Shark Tank star known for spotting deals anywhere, jumped on Clipbook after founder Adam Joseph sent him a cold email. The AI media monitoring tool had already hit $1 million in annual recurring revenue on its own before this raise. Cuban co-led a $3.3 million seed round with Commonweal Ventures and Carpenter Capital, as reported by The AI Journal, The Daily News, and TechCrunch.

What Clipbook Does

Clipbook tracks media mentions across news, social platforms, podcasts, and more—pulling from over a million sources. It goes beyond keyword searches with AI that gets context, tone, and relevance, especially in audio and video where old tools fall short. PR teams at places like Weber Shandwick and Boston Consulting Group use it to spot what matters.

The company serves over 200 clients worldwide, from agencies to big enterprises. Joseph built it after dealing with clunky media tracking during his time as a BCG consultant. Now it powers strategic decisions in communications and public affairs.

How Joseph Landed Cuban

In late 2024, Joseph emailed a one-page pitch to five investors, including Cuban. No warm intro needed. Cuban hit back with 20 tough questions. Joseph answered them all.

Then came the real test: Cuban asked for a media report on his pharmacy startup, CostPlus Drugs. Clipbook delivered fast, digging up details like an obscure podcast mention Cuban had missed. That did it. Cuban sent a term sheet days later, according to IMP.NEWS.

Cuban grills founders hard: “When I start to pepper them, they wilt… But Adam was just like, bam, bam, bam.”
Clipbook beat legacy tools like Sprinklr or Hootsuite by handling context, not just keywords.
Other backers include execs like former IRS Commissioner Danny Werfel and White House comms director Dan Pfeiffer.

Why Cuban Invested

“AI is changing everything, and PR teams that just aggregate Google results are dead,” Cuban said. “Clipbook keeps me informed… Backing Adam Joseph and the Clipbook team was a no-brainer.” He saw real traction—bootstrapped growth to seven figures in ARR—and a product that works.

The round closed in early 2025. Clipbook plans to hire in product, engineering, and sales to grow faster. Details match reports from StartupHub.ai and NewsGPT.ai, which peg the raise at $3 million.