Thursday, September 29, 2022
HomeInsightFunding Alert Algomage raises $850k in pre-seed funding

[Funding alert] Algomage raises $850k in pre-seed funding

Algomage, an AI post-production firm based in Mumbai, has secured $850,000 in pre-seed funding from The DotIn Network, an exclusive network of family offices and angel investors.

Algomage, an AI post-production firm based in Mumbai, has secured $850,000 in pre-seed funding from The DotIn Network, an exclusive network of family offices and angel investors.

Algomage will use the funding to grow into international markets and add new capabilities to its AI post-production suite.

Read also – [Funding alert] Silence Laboratories raises $1.7 mn in Seed Funding

Anand Rathi founded Algomage in 2021, which provides an AI-powered post-production suite that can transform raw images into superb images in almost real-time, according to a press statement from the startup.

”With the recently concluded pre-seed funding round, our focus will now rest on unlocking new tools, while also expanding our customer base to markets beyond India”, Anand Rathi said.

According to Algomage, its platform processes more than 5 million photographs each month for its more than 3,500 active customers.

The startup also asserts that it assists companies in dramatically reducing their image turnaround time at a fraction of the expense associated with manual operations.

About Algomage

Algomage uses ArtificiaI Intelligence to automate post production ie. image selection, editing and sharing. They use a combination of machine vision and deep learning tech to cut down image delivery time by 8x, boost image visibility by 15x and save thousands of dollars worth of human effort while at it. Think of us as JARVIS for photographers.

They were founded in 2021 with the mission of impacting the lives of millions of photographers worldwide by giving them tools that can truly revolutionize the way they manage post production. They are a Shark Tank India finalists and backed by VCs in their mission.

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -
Newsletter

Subscribe to our weekly newsletter and don't forget to check out the latest updates.