Photoroom Secures $43M in Series B Funding, Launches Next Generation AI Photo-Editing Features for Businesses

Feb 27, 2024•almost 2 years ago

Amount Raised

$43 Million

Round Type

series b

ParisInformation Technology

Investors

Y CombinatorAglaéBalderton Capital

Description

Photoroom secured a $43 million Series B funding round led by previous investor Balderton Capital and new investor Aglaé, with YCombinator participating. The funding brings Photoroom's total funding to $64 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.

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