Deepomatic, a Paris, France-based provider of an image understanding platform for businesses, closed a $1.4m seed funding round.
Backers included Alven Capital and business angels Pierre Valade, co-founder of Sunrise, Jean-Charles Samuelian, cofounder of Expliseat, and unnamed founders of important media groups.
Founded in 2014 by Aloïs Brunel (CPO), Vincent Delaitre (CTO) and Augustin Marty (CEO), Deepomatic automatically monetizes images published by web and mobile medias, by leveraging deep learning based algorithms. With a snippet of code added to their website or app, publishers can get images scanned by algorithms that detect and identify inspiring products (e.g. fashion products). By combining the automatic understanding of product attributes and the comparison of patterns and colors, Deepomatic links those images to e-commerce products which are the same or very similar.
For visitors, a “buy button” allows them to shop any of those products directly from the images.
The startup currently employs a team of 7 persons and is hiring to consolidate its research efforts and product team.