Companies · AI / ML

PhotoRoom Inc.Summer 2020Active

PARIS · Île-de-France, France · AI / ML · refined from filed group “Other Technology · founded 2020 · https://photoroom.com/

Diligence memoA one-page analyst read on PhotoRoom Inc. — recommendation, valuation, rhythm, risks.
$51.5M
Total raised · real
2
Rounds
2.1×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Thu Dec 21 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

PhotoRoom Inc. looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the ai/ml sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.37× the median modeled value of Series B AI / ML companies in 2022–2024 (33 peers) — value vs value, same stage and era.
  • Within the normal band (137% of peer median) for its niche.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in AI / ML

PhotoRoom Inc. is one of 2067 AI / ML companies tracked from PARIS, Île-de-France, France, on record since 2020. By capital raised it ranks among the largest (ahead of 96% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Power commerce photography with generative AI

Photoroom provides photo editing software powerful enough to create outstanding images yet simple enough to be used without any training. We leverage deep learning to translate pixels into objects, drastically simplifying non-creative tasks such as removing backgrounds from images. Our mission: enable entrepreneurs and small businesses to compose images that stand out.

AIAPIComputer VisionDesign ToolsGenerative AIai/ml
Find PhotoRoom Inc. online

As reported in public records reported — not modeled.

FR
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2019
Year incorporated
2023-12-21
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries B · 2022-09-26 Raised $17M (real) Modeled valuation $275M (est)$17M$275MSeries B2022Series B · 2023-12-21 Raised $35M (real) Modeled valuation $348M (est)$35M$348MSeries B2023+$35MCumulative $51M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$16.8M · 2022
Series B extension$34.7M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$348.5M
Base estimate est.
$84.9M
Conservative case
$689.9M
Upside case
$192.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the ai/ml sector profile. Directional, not a quoted figure.

Series B · modeled $275.2M · 2022-09-262022Series B · modeled $348.5M · 2023-12-212023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.49×/yr
Annual markup
1.80×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
ai/ml
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$41.7M/yr
Capital velocity
3.8 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2067 companies in AI / ML. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 11× above median
This company$51.5M
Sector median$4.7M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$34.7M
Sector median$21.8M
Modeled value — vs sector median (estimate, all stages) 13× above median
This company$348.5M
Sector median$27.9M

Raised more than 96% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #12 of 33.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Black Crow AI, Inc. · Series B Raised $40.3M · modeled $665.4M (est)Arthur AI, Inc. · Series B Raised $50.6M · modeled $592.2M (est)Deep 6 AI Inc. · Series B Raised $50.1M · modeled $519.6M (est)Beacons AI Inc. · Series B Raised $29.6M · modeled $454.7M (est)Replicate, Inc. · Series B Raised $32.4M · modeled $394.6M (est)Perplexity AI, Inc. · Series B Raised $28.8M · modeled $390.2M (est)Synthesis AI, Inc. · Series B Raised $24.4M · modeled $390.0M (est)Essential AI Labs, Inc. · Series B Raised $36.5M · modeled $388.2M (est)Luma AI, Inc. · Series B Raised $25.5M · modeled $371.7M (est)Kubit AI, Inc. · Series B Raised $18.0M · modeled $363.5M (est)Soundhound Ai, Inc. · Series B Raised $25.1M · modeled $361.9M (est)PhotoRoom Inc. (this company) Raised $51.5M · modeled $348.5M (est)PhotoRoom Inc.
CompanyStageRaised · realValue · estvs peer med.
Black Crow AI, Inc.Series B$40.3M$665.4M2.62×
Arthur AI, Inc.Series B$50.6M$592.2M2.33×
Deep 6 AI Inc.Series B$50.1M$519.6M2.04×
Beacons AI Inc.Series B$29.6M$454.7M1.79×
Replicate, Inc.Series B$32.4M$394.6M1.55×
Perplexity AI, Inc.Series B$28.8M$390.2M1.53×
Synthesis AI, Inc.Series B$24.4M$390.0M1.53×
Essential AI Labs, Inc.Series B$36.5M$388.2M1.53×
Luma AI, Inc.Series B$25.5M$371.7M1.46×
Kubit AI, Inc.Series B$18.0M$363.5M1.43×
Soundhound Ai, Inc.Series B$25.1M$361.9M1.42×
PhotoRoom Inc. this companySeries B$51.5M$348.5M1.37×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$16.8M2022-09-26$93.3M$275.2M90%
Series B$34.7M2023-12-21$192.6M$348.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$16.8M2022-09-26
    • First recorded raise — entered as Series B.
    • 43 investors on this round.
  2. Series B$34.7M2023-12-21
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~15mo cadence
$71.5M
Modeled next size est.range $46.5M$114.4M
2.1×
Last step-up
$41.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Bernard Liautaud4 other2022-09
Eliot Andres2022-09
Matthieu Rouif2022-09
Registry & provenance

PhotoRoom Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
FR
Jurisdiction
1954312
SEC CIK
2019
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
sanas.ai Inc.AI / MLSeries B$50.9M$201.6Msame sector · same stage
Lightyear AI, Inc.AI / MLSeries B$50.8M$70.9Msame sector · same stage
Kore.ai, Inc.AI / MLSeries B$50.8M$494.7Msame sector · same stage
Arthur AI, Inc.AI / MLSeries B$50.6M$592.2Msame sector · same stage
Deep 6 AI Inc.AI / MLSeries B$50.1M$519.6Msame sector · same stage
Panorama Artificial Intelligence Corp.AI / MLSeries B$53.3M$167.3Msame sector · same stage
Intelliga CorpAI / MLSeries B$59.4M$254.9Msame sector · same stage
Auditoria.AI, Inc.AI / MLSeries B$60.8M$250.1Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Booth AI
Generative AI Photographer for E-Commerce
AI / ML76%
Vision Ai Inc.AI / MLPre-Seed$1.8M75%
Lightski
AI Agents for Enterprises
AI / ML75%
Hegel AI
Open source tools for developing generative AI applications
AI / ML75%
Generative AI Solutions Corp.AI / MLSeries A$2.2M75%
Chima
Building infrastructure tools to help large companies customize their…
AI / ML74%
Deep Image Analytics, Inc.Software / TechSeries B$137.6M74%
Presti AI
Helping furniture companies create product visuals with AI
AI / ML74%
Frequently asked
How much funding has PhotoRoom Inc. raised?
PhotoRoom Inc. has raised approximately $51.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PhotoRoom Inc.'s estimated valuation?
Provath's modeled valuation for PhotoRoom Inc. is approximately $348.5M (modeled range $84.9M–$689.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PhotoRoom Inc. at?
PhotoRoom Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Dec 21.
What does PhotoRoom Inc. do and where is it based?
PhotoRoom Inc. operates in the AI / ML sector, based in PARIS, Île-de-France, France. Power commerce photography with generative AI
Explore related

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