PhotoRoom, the Leading AI Photo Editing App, Gears Up to Raise $50M-$60M with a Valuation of $500M-$600M
PhotoRoom — a startup out of Paris, France — has built a popular AI-based image editing app and API targeting e-commerce vendors, media specialists, and others.
Multiple sources say that the startup is raising between $50 million and $60 million on a pre-money valuation of between $500 million and $600 million.
PhotoRoom, and Matthieu Rouif, the CEO who co-founded PhotoRoom with CTO Eliot Andres, declined to comment on any funding-related questions.
Adding all this together, since its last round in 2022, when it raised $19 million, PhotoRoom has been blowing up.
Most categories of apps, she wrote, are still up for grabs; and within the popular area of AI image-based tools, apps like PhotoRoom, in her opinion, have a shot at success.
