AI driven photography platform Meero, the Paris based firm has announced picking up $230 million as part of Series C financing from a clutch of investors. Eurazeo, Prime Ventures, and Avenir Growth led the financing round with participation from existing backers Global Founders Capital, Aglaé Ventures, Alven, White Star Capital and Idinvest.
This marks the biggest fundraising by the firm. The last funding for the firm came exactly a year ago when it secured $45 million in Series B round. The current infusion takes the total amount raised by the firm to $293.4 million as per the CrunchBase profile of the firm.
The company was launched in 2016 by Thomas Rebaud as a platform which will make life easier for photographers and video editors. The AI-powered platform is now the leader of artificial intelligence dedicated to image processing. The platform helps in managing the shoots from start to end with its CRM system, marketing tools, and image processing tool.
Through a statement, the firm said that it is working on a number of features which will be pivotal in the photography segment. “Meero also plans to announce a panel of solutions for photographers’ daily work, as well as masterclasses, documentaries, meetings with other photographers, a magazine in several languages, and the creation of a foundation to support photography," it said in the statement.
The firm has 600 employees working in their offices in Paris, New York, Shanghai, Tokyo, and Bangalore, helping photographers across the globe through its platform. Through the funding, Meero plans to expand its 80-member tech team to close to 300.
Meero currently has more than 31,000 clients across the world with 58,000 photographers registered on the platform. With more capital, the numbers are surely going to get bigger for Meero.
Image Coutesy : meero