Photoroom Secures $43M in Series B Funding, Launches Next Generation AI Photo-Editing Features for Businesses
Summary
"The foundation model is the next step in empowering businesses to create amazing product photos without the need to be an expert at prompt engineering or photography," said Matthieu Rouif, co-founder and CEO at Photoroom. Since launching in 2019, Photoroom has been downloaded more than 150 million times worldwide, is used by thousands of businesses, ranked among the .About PhotoroomPhotoroom was founded in 2019, and over the past 4 years has carved out a niche in the commerce photography space. We have both early and growth funds and invest across the technology sector, with a proven track record backing fintech, B2B SaaS, digital health, mobility, gaming and marketplace companies. Baldertons current portfolio includes Aircall, Beauty Pie, Contentful, Dream Games, GoCardless, JOKR, Lendable, Matillon, Merama, Revolut, Tibber, Vestiaire Collective, Wayve and Writer.About Agla\xe9Agla\xe9 Ventures is a global investment firm based in Paris, New York and Los Angeles backed by Agache, the holding company of the Arnault family and the controlling shareholder of LVMH, the world leader in luxury. Agla\xe9 Ventures brings long-term capital, deep expertise in international deployment and unique access to a network of leading experts and entrepreneurs.About YCombinatorYC helps founders launch, build, and scale the great technology companies of the next 100 years.