AlpacaML
Latest round
- Series C
Last raised
- Jan 2024
Total raised
- Undisclosed
Investors
- 1
About AlpacaML
Founded in 2022, AlpacaML, Inc. is focused on developing an AI-powered platform that assists artists in their creative process. In January 2024, AlpacaML, Inc. Alpaca's primary offering is an AI-powered digital canvas designed for artists and creatives, facilitating rapid iteration from initial concept sketches to final artwork. The platform employs advanced AI algorithms to stylize and render early sketches, allowing users to upload style reference images that influence the aesthetic of their work. Key functionalities include transforming line art into detailed renderings, providing pixel-level color control, and enabling non-destructive workflows through layers and a Generation Mask tool. This product serves a diverse client base, including professional digital artists, graphic designers, and creatives seeking to streamline their artistic processes. Alpaca generates revenue through a subscription-based model, offering multiple pricing tiers to cater to different user needs. The Free plan allows users to access essential features, including 100 generations per day and limited style references. The Standard plan provides unlimited generations and enhanced privacy for USD 15 per month, while the Pro plan includes greater customization options and multiple style references for USD 35 per month. Additionally, Alpaca offers a Team plan tailored for studios, featuring custom AI models and centralized admin support, with pricing available upon request. This tiered structure allows for a range of transactions, primarily focusing on direct-to-consumer subscriptions from individual artists and studios leveraging the platform's tools for creative output. AlpacaML, Inc. plans to expand its product line by introducing new features aimed at enhancing user experience, with specific new product launches expected in the coming year. The company is also targeting expansion into emerging markets, particularly in Asia and Europe, by the end of 2024.2 mn will be utilized to support product development and market expansion initiatives.
Who invested in AlpacaML
1 investor across 2 rounds
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Questions about AlpacaML
Who invested in AlpacaML?
AlpacaML has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AlpacaML raised?
AlpacaML has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did AlpacaML last raise money?
AlpacaML's most recent round on record is a Series C, in Jan 2024.
What does AlpacaML do?
Founded in 2022, AlpacaML, Inc.
Where is AlpacaML headquartered?
AlpacaML is headquartered in Wilmington, US.
Which VCs invest in companies like AlpacaML?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back semiconductors companies at AlpacaML's stage. Their profiles are linked below.
VCs backing semiconductors startups at Series C
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