Meero, a Paris, France-based on-demand photograph platform, raised $230m Series C funding.
The round was led by Eurazeo Growth and Prime Ventures, with participation from Avenir Growth Global Founders Capital, Aglaé Ventures, Alven, White Star Capital and Idinvest Partners.
The company intends to use the funds to continue to expand operations and its business reach to perfect its automatic photo editing and content enrichment technology.
Founded in 2016 by Thomas Rebaud, CEO, Meero It uses AI and ML algorithms to streamline photo editing for over 31K customers in 100+ countries and provides tools for file compatibility, CRM, marketing, and other daily needs and manage revenue, market research, invoice, manage post-production, and delivery. In addition, users will have access to a series of educational masterclasses, documentaries, meetups with photographers in 35 different countries, a magazine in 4 different languages, and a foundation supporting photography worldwide.
In terms of additional revenues, the startup aims to continue its progress into the world of services valued at over 100 billion dollars (real estate, marriages, e-commerce, etc.) by developing its solutions for new audiences in new environments.
The company employs 600 workers of 49 different nationalities in Paris, New York, Shanghai, Tokyo and Bangalore.
FinSMEs
19/06/2019