ClipDrop
Latest round
- Seed
Last raised
- Oct 2021
Total raised
- $0.9M
Investors
- 3
About ClipDrop
Founded in 2020 by Cyril Diagne, Damien Henry, and Jonathan Blanchet, and based in Paris, France, Init ML, doing business as Clipdrop operates a machine-learning-powered photo editing app that creates product visuals without using a photo studio. In February 2024, Jasper, a portfolio company of Institutional Venture Partners, Foundation Capital, Insight Partners, Bessemer Venture Partners, Founders Circle Capital, Coatue Management, HubSpot Ventures, Quarry Ventures, and Bossanova Investimentos, acquired Init ML from Stability AI Ltd. The firm offers a range of image editing and enhancement tools, including generative fill, which allows users to replace or remove elements from images; a universal resizer for adjusting image sizes for different social media platforms; and a swap for changing people in photos. The firm also provides instant text-to-image for generating images from text descriptions, replacing backgrounds for altering backgrounds, and removing backgrounds for isolating subjects. Additional tools include cleanup for removing unwanted objects or defects, uncropped for expanding images, image upscaler for increasing resolution, sketch to image for transforming sketches into images, and reimagining for creating multiple variants of an image.
Who invested in ClipDrop
3 investors across 1 round
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Funding rounds
Seed
Oct 13, 2021
Amount
$0.9M
Investors
Questions about ClipDrop
Who invested in ClipDrop?
ClipDrop has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ClipDrop raised?
ClipDrop has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ClipDrop last raise money?
ClipDrop's most recent round on record is a Seed, in Oct 2021.
What does ClipDrop do?
Founded in 2020 by Cyril Diagne, Damien Henry, and Jonathan Blanchet, and based in Paris, France, Init ML, doing business as Clipdrop operates a machine-learning-powered photo editing app that creates product visuals without using a photo studio.
Where is ClipDrop headquartered?
ClipDrop is headquartered in Paris, France.
Which VCs invest in companies like ClipDrop?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at ClipDrop's stage. Their profiles are linked below.
VCs backing software startups at Seed
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