How does Photoroom Work?
Photoroom is an all-in-one AI-powered photo-editing app. It allows users to edit photos quickly and accurately. The app uses AI tools for background removal, magic retouching, batch editing, and object detection. With just a swipe, users can remove unwanted objects and defects. Photoroom’s Instant Backgrounds feature uses AI to create realistic, studio-quality product images in seconds. The app also offers a Batch Editor for retouching multiple images at once. Photoroom is a powerful tool for creating high-quality visual content efficiently.
Photoroom, the AI image editor, raised $43M at a $500M valuation
Photoroom has recently garnered significant attention. This AI-powered image editing platform has not only captured the hearts of individual users but has also impressed businesses seeking efficient and advanced photo editing solutions. In a remarkable feat, Photoroom has secured $43 million in funding, propelling its valuation to a staggering $500 million. This article delves into the details of Photoroom’s success, exploring its technology, target audience, and plans.
In Short
- Photoroom, the Paris-based AI image editor, secures $43M in funding at a $500M valuation.
- The funding round was led by Balderton Capital and Aglaé Ventures, with participation from Y Combinator.
- The company plans to use the funding to expand its workforce and invest in R&D.