VSCO
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VSCO - overview
Established
2011
Location
Oakland, CA, US
Primary Industry
Software
About
VSCO is a creative platform that provides advanced photo and video editing tools, along with a unique community for users to connect and share their artistic expressions. Founded in 2011, VSCO is headquartered in Oakland, US and specializes in photo and video editing solutions. The company was co-founded by Greg Lutze and Joel Flory. In December 2014, VSCO secured USD 35.
25 mn in Series B funding led by Accel, with participation from Goldcrest Capital, Glynn Capital, and Obvious Ventures. The funding was part of a total of 2 deals the company engaged in by that date, with a current valuation of USD 536. 76 mn. VSCO offers a comprehensive suite of photo and video editing tools designed for both mobile and desktop platforms, catering to a diverse user base that includes amateur photographers, professionals, and brands.
Their core product is the VSCO app, which features high-quality photo filters, advanced editing tools, and AI-powered functionalities like the Remove tool. The platform enables users to create layered photo collages, add text and graphics, and edit videos. Additionally, VSCO fosters community engagement through VSCO Spaces, allowing users to connect based on shared interests and styles, targeting markets in North America, Europe, and Asia. VSCO generates revenue primarily through subscription models that give users access to premium features and tools.
The company provides various pricing tiers, including a Starter plan for beginners, a Plus plan for sharing work, and a Pro plan for professionals. Each tier unlocks different functionalities that enhance editing and networking opportunities. Furthermore, VSCO engages in brand partnerships via its VSCO Hub, connecting photographers with brands for collaborations, thus creating additional revenue streams through direct-to-consumer relationships with users subscribing for access to specific features or services. In December 2014, VSCO raised USD 35.
25 mn in Series B funding, which will be allocated towards developing new products and expanding their market reach. The company plans to introduce innovative features and enhancements to their app in the upcoming year, focusing on user feedback for design improvements. Additionally, VSCO aims to expand into new geographic regions, particularly targeting markets in Asia and Europe by 2025. The recent funding will support these initiatives, facilitating product development and market entry strategies.
Current Investors
Accel, Goldcrest Capital, Glynn Capital
Primary Industry
Software
Sub Industries
Social Networking & Communication Platform, Multimedia & Graphics
Website
www.vsco.co
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
VSCO - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Artifact Uprising, LLC | - |
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