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Source: Photoroom, The Ai Photo Editing App, Is Raising $50M-$60M At A $500M-$600M Valuation
PRIVATEJan 09, 2024•over 2 years ago
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.
ParisInformation Technology