Source: Photoroom, The Ai Photo Editing App, Is Raising $50M-$60M At A $500M-$600M Valuation
PRIVATEJan 09, 2024
Amount Raised
$60 Million
Round Type
Funding Round
ParisInformation Technology
Description
PhotoRoom — a startup out of Paris, France — has built a popular AI-based image editing app and API targeting e-commerce vendors, media specialists, and others.
Multiple sources say that the startup is raising between $50 million and $60 million on a pre-money valuation of between $500 million and $600 million.
Company Information
Company
PhotoRoom
Location
5 RUE BACHAUMONT
Paris, Ile-de-France, France
About
Photoroom is the world's #1 AI Photo Editor. Our mission: to put the power of great images into more people's hands.
Photoroom elevates businesses through amazing photography. We use AI to make photo-editing feel easy and delightful, and the end results look pro.
Since launching in 2019, PhotoRoom has been downloaded over 100 million times worldwide with a 4.7-star rating from 1+ million reviews. PhotoRoom was also named Editor's Choice by both Google and Apple for 2023.
Fundz sees it the moment PhotoRoom raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
ParisInformation Technology