# Tutucloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tutucloud

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.tutucloud.com
- Total disclosed funding: $3M
- Latest round: Series A (Jul 1, 2016)
- Investors on record: 7

## About

Tutucloud is a technology company specializing in innovative video and image solutions that enhance user experiences through advanced technology. They provide a range of APIs and SDKs for mobile integration, focusing on entertainment, social media, and e-commerce sectors.Founded in 2014 and headquartered in Hangzhou, China, Tutucloud develops advanced technology for video and image processing. The company was acquired by Zhejiang Merit Interactive Network Technology Co., Ltd. in January 2021 for an undisclosed amount. Tutucloud has raised a total of CNY 12.000 mn in funding, with the latest round being a Series A from investors Huaou Equity Investment and In Capital.Tutucloud offers innovative video and image services focusing on enhancing user experiences through advanced technology. Their core products include a suite of APIs and SDKs designed for mobile application integration on both iOS and Android platforms. These solutions encompass features such as portrait beauty adjustments, face microshaping, face change capabilities, video templates, online filters, and face recognition technology. Aimed at businesses in the entertainment, social media, and e-commerce sectors, Tutucloud's products cater to a diverse clientele, including application developers and digital content creators seeking to enhance user engagement. The company actively serves markets in Asia, North America, and Europe, positioning itself as a leading provider in the growing field of image and video enhancement solutions.Tutucloud generates revenue primarily through a combination of subscription-based models and direct service agreements with its clients. Businesses can access the company's offerings via Mobile SDKs and Web APIs, with pricing structured to accommodate various client needs, ranging from small startups to large enterprises. Clients typically enter into annual subscription agreements that provide consistent access to Tutucloud's technology, allowing for seamless integration and utilization of the company’s tools in their applications. Revenue streams are bolstered by the provision of customized solutions hosted on private or public cloud servers for clients with specific requirements. The company's flagship offerings, including their face recognition and portrait beauty features, drive demand across their targeted sectors and enhance the overall value proposition for their client base.Looking ahead, Tutucloud is focused on expanding its product offerings and entering new markets. The company is in the process of designing new features for its existing products, with plans to launch these updates by the end of 2023. Additionally, Tutucloud aims to expand its presence in European markets by 2024, leveraging recent funding from the Series A round to support these initiatives and enhance product development efforts.

## Funding rounds

- Series A, Jul 1, 2016, $1.8M — In Capital, Huaou Equity Investment
- Angel, Jun 1, 2015, $1M — Liyuan Venture Capital, ZJKF Capital Management, Diedai Capital, Huadan Angel Investment, Smartac
- Seed, Jan 23, 2015, $0.2M — Diedai Capital

## Investors

- Diedai Capital (https://capitalatlas.ai/funds/diedai-capital) — Seed, Angel
- Liyuan Venture Capital (https://capitalatlas.ai/funds/liyuan-venture-capital) — Angel
- ZJKF Capital Management (https://capitalatlas.ai/funds/zjkf-capital-management) — Angel
- Huadan Angel Investment (https://capitalatlas.ai/funds/huadan-angel-investment) — Angel
- Smartac — Angel
- In Capital — Series A
- Huaou Equity Investment — Series A
