Photoroom, Inc.
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Photoroom, Inc. - overview
Established
2019
Location
Paris, -, France
Primary Industry
Software
About
Founded in 2019 and based in Paris, France, Photo Room, Inc. operates as a software company. The company was founded by its CEO, Matthieu Rouif. In February 2024, Photo Room, Inc.
raised USD 43 million in Series B funding led by Balderton Capital, Aglaé Ventures, and Y Combinator. Photoroom offers photo editing software that utilizes artificial intelligence to modify and enhance digital images. The firm’s products cater primarily to businesses in sectors like fashion, advertising, and e-commerce, offering tools for tasks such as background removal, image retouching, and content creation. The company generates revenue by offering its services on a subscription-based pricing plan.
The plans include the Photoroom App, which includes free and Photoroom Pro (INR 1,999); the Photoroom API, which includes basic (USD 20/month), plus (USD 100/month), and enterprise. The company plans to use the funds raised in February 2024 to introduce its editing application, driven by artificial intelligence.
Current Investors
Liquid 2 Ventures, Adjacent Ventures, Balderton Capital
Primary Industry
Software
Sub Industries
Multimedia & Graphics, Application Integration Software, Analytics & Performance Software
Website
www.photoroom.com
Verticals
Artificial Intelligence, Mobile Apps
Company Stage
Series B
Total Amount Raised
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