Breaking News: Photoroom, the Revolutionary AI Image Editor, Secures $43M Investment at $500M Valuation

Screenshot 2024 01 09 At 17.30.09
At the time, it looked like it would be more than $50 million; in the end it ended up a little lower. This latest round brings the total raised by the company, which was founded about four years ago, to $64 million. Photoroom plans to use the funding to hire more people and to continue investing in its R&D and infrastructure. Other features it offers includes AI-generated backgrounds, scene expansions, AI-generated images, and a plethora of image editing tools. “Photoroom’s generative AI capabilities are unparalleled, and we have no doubt that they will continue to lead the way in this rapidly evolving landscape.”