Perfect Corp., a NYC-based beauty technology solutions provider and developer of virtual beauty app, YouCam Makeup, raised $50m in Series C funding.
The round was led by Goldman Sachs.
The company intends to use the new funds to augment its artificial intelligence (AI) beauty technology solutions across multichannel retail and drive corporate global expansion.
Led by Alice H. Chang, CEO, Perfect Corp. provides a virtual beauty app called YouCam Makeup which – with over 900 million downloads globally and over 300 global brand partners – aims to upgrade the beauty industry across categories including makeup, skincare, foundation, hair and AI face attributes technologies allowing consumers to virtually try on SKUs, diagnose skin conditions, get personalized recommendations and easily discover beauty products.
FinSMEs
07/01/2020