Paris-based AI-powered photography platform Meero raises $230 million 1

Paris-based AI-powered photography platform Meero raises $230 million

July 4, 2019 | Research
French professional photography platform Meero has landed $230 million in a funding round from Eurazeo, Prime Ventures, Avenir Growth, Global Founders Capital, Aglaé Ventures, Alven, White Star Capital, and Idinvest. This round comes less than a year after the startup’s previous $45 million capital injection and brings the total amount raised by the company to some $300 million.

Meero is building a worldwide community of professional photographers, whom it offers a platform to manage their photoshoots from the beginning to an end. It includes a CRM system, marketing tools, and the company’s proprietary AI-powered image processing tool that supposedly can significantly reduce the amount of time required for post-production. The company says that it’s attracted 58,000 photographers and 31,000 clients to its platform so far.

“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,” the company said in a statement.

Currently, Meero employs 600 people across five offices in Paris, New York, Shanghai, Tokyo, and Bangalore, working with clients that include the likes of UberEats and Airbnb. The startup expects to double the headcount by the end of 2019, including growing the tech team from 80 to 300 employees