ImagenAI Raises $30M in Funding

imagen

ImagenAI, a Tel Aviv, Israel-based provider of AI-powered editing solutions for professional photographers, raised $30M in funding.

The round was led by Summit Partners with participation from existing investor NFX. Steffan Peyer, a Managing Director with Summit Partners, has joined the Imagen Board of Directors.

The company intends to use the funds to support continued investment in strategic hiring and M&A, expansion of its SaaS product and further acceleration of its growth.

Led by Yoav Chai, Yotam Gil, and Ron Oren, Imagen provides AI-powered solutions that modernize the post-production workflow, enabling professional photographers to plan and focus on the creative aspects of their job.

Imagen’s end-to-end AI technology creates an individual profile based on a photographer’s previous work and unique creative style. The more photos uploaded, with more diverse scenes and lighting conditions, the better the AI can capture each editing style and accurately predict dozens of editing parameters. The profile evolves and learns with the user over time, allowing accuracy and consistency in applying each photographer’s style to new photos ingested into Imagen.

Building on these AI-powered editing capabilities, Imagen plans to continue expanding its SaaS offering, including a near-term launch of a culling product that leverages a user’s AI-generated profile to select the best photos from a photoshoot to streamline the post-production process even further.

Thousands of professional photographers use it to accelerate their editing process.

FinSMEs

19/12/2022