2024-02-28 11:05:55.AIbase.5.9k
AI Image Editor Photoroom Raises $43 Million at a $500 Million Valuation
Photoroom is an AI-based photo editing application that has raised $43 million in funding, aiming to serve both online business users and casual users. The latest funding round values the company at $500 million. The app processes approximately 5 billion images each year and has been downloaded over 150 million times. Investors in this funding round include Balderton Capital, Aglaé, and Y Combinator.