YouPic AB
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YouPic AB - overview
Established
2012
Location
Gothenburg, -, Sweden
Primary Industry
Internet
About
YouPic AB is an innovative platform dedicated to enhancing the photography experience by providing advanced image management, social interaction features, and AI-driven photo transformation tools for users across the globe. YouPic AB, founded in 2012 in Gothenburg, Sweden, specializes in a digital photography platform. The company raised SEK 15 million in venture financing on June 10, 2016, from Chalmers Ventures and Domaren Holding Aktiebolag. Chris Ryan, the founder, plays a pivotal role in the company’s direction, while Navid Razazi serves as the CEO.
YouPic offers a suite of tools designed to enhance the photography experience, including AI-powered photo transformation features that allow users to generate refined images from text prompts. The platform promotes a creative community for both amateur and professional photographers, facilitating inspiration and socialization across North America, Europe, and Asia. Its user base consists of photography enthusiasts, content creators, and professionals who benefit from the advanced image management tools and community engagement features. In 2022, YouPic generated revenue amounting to SEK 610,999.
3, with an EBITDA of SEK 47,638. 9. The company's subscription-based model provides access to premium features, catering to both individual users and business clients seeking enhanced photography capabilities. The core offerings, including the AI-powered photo transformation tool, drive user engagement and revenue through a straightforward B2C relationship.
YouPic plans to utilize the SEK 15 million raised in June 2016 to develop new products and expand its offerings. The company aims to launch additional features aimed at enhancing user interactions and capabilities within the next year. Furthermore, it seeks to penetrate new markets, specifically targeting expansions into Asia and North America by 2024, leveraging its existing community and technological advancements to achieve these goals.
Current Investors
Chalmers Ventures, Domaren Holding Aktiebolag, InReach Ventures
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Multimedia & Graphics
Website
www.youpic.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
YouPic AB - timeline of key events
YouPic AB - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 10 | - | - | 391,172 | 799,527 | 1,387,731 | 3,100,137 | 6,662,749 | 5,394,079 | - | - | - |
| % Revenue Growth (YoY) | - | (100.0%) | - | - | 104.4% | 73.6% | 123.4% | 114.9% | (19.0%) | - | - | - |
| EBITDA (USD) | 2,516 | (1,271,307) | (3,258,714) | (3,766,953) | (2,910,908) | 418,318 | 1,551,005 | 1,656,117 | 1,095,535 | - | - | - |
| Operating Income (USD) | 2,516 | (1,271,307) | (3,258,714) | (3,898,944) | (3,966,837) | (637,611) | 343,461 | (55,439) | (491,575) | - | - | - |
| Operating Margin | 25160.0% | - | - | (996.7%) | (496.1%) | (45.9%) | 11.1% | (0.8%) | (9.1%) | - | - | - |
| % EBITDA Margin | 25160.0% | - | - | (963.0%) | (364.1%) | 30.1% | 50.0% | 24.9% | 20.3% | - | - | - |
| NET Income (USD) | (3,961) | (1,271,369) | (3,263,138) | (3,901,572) | (4,009,263) | (703,236) | 2,442 | (270,651) | (798,417) | - | - | - |
| % Net Margin | (39610.0%) | - | - | (997.4%) | (501.5%) | (50.7%) | 0.1% | (4.1%) | (14.8%) | - | - | - |
YouPic AB - employee data
YouPic AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Member | BM |
BM Board Member
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