Photoroom is a Paris-based AI photo editor led by CEO Matthieu Rouif. It offers a suite of AI photo-editing tools for businesses, including AI Backgrounds, AI Expand, AI Images, AI Fill, Auto-rotate, AI Upscale, and an Image Editing API. The Image Editing API enables businesses to generate and edit hundreds of images in seconds. Photoroom collaborates with photographers and image providers worldwide and uses consented imagery to train its models. The company plans to accelerate generative AI innovation by investing in more GPUs, securing imagery from leading providers and photographers, and doubling its team by the end of 2024. Financially, Photoroom raised $43M in a Series B, bringing total funding to $64M. PhotoRoom develops a photo-editing app focused on background removal and image preparation for e-commerce vendors and small businesses. It uses deep learning to create multi-layer images that let users delete, blur, or replace backgrounds and retouch or remove unwanted objects. The app supports batch processing, offers a large library of background templates, and exports images formatted for different marketplace constraints. PhotoRoom has attracted 40 million downloads, 7 million monthly active users, and hundreds of thousands of paying subscribers; subscriptions cost $9.99 per month or $69.99 per year. The company has been profitable with its current team and is raising capital to add generative AI capabilities, starting with Stable Diffusion. PhotoRoom plans to roll out a text-prompt feature that will generate marketing product photos and will be beta-tested with some users before a wider release. PhotoRoom is a French photography utility app that removes and swaps photo backgrounds and lets users tweak images. The product uses machine learning to identify objects and separate them from the rest of the photo for targeted edits. It targets influencers and people reselling clothes and fashion items who use their phones as a primary creativity platform. PhotoRoom monetizes via subscriptions ($9.49/month or $46.99/year) and reports annual recurring revenue of $2 million after doubling ARR. The company graduated from Y Combinator and is launching its Android app to expand its user base. With recent funding, PhotoRoom plans to grow its team and continue improving its deep learning algorithms.

Total raised

$63M

Funding rounds

3

Latest round

Series B

Latest activity

Feb 2024