About Algomage
Algomage is a company based in Mumbai (India) founded in 2021 by Anand Rathi. Algomage has raised $1.35 million across 2 funding rounds from investors including Flipkart, Dotin and Samyakth Capital. The company has 17 employees as of April 08, 2024. Algomage offers products and services including AI Post-Production Tool. Algomage operates in a competitive market with competitors including Imagen, CyberLink, Corel, DxO and Modyfi, among others.
- Headquarter Mumbai, India
- Employees 17 as on 08 Apr, 2024
- Founders Anand Rathi
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Picsniff Media Private Limited
- Date of Incorporation 17 Jun, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.35 M (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Aug 09, 2023
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Investors
Flipkart
& 27 more
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Employee Count
17
as on Apr 08, 2024
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Products & Services of Algomage
Algomage offers a comprehensive portfolio of products and services, including AI Post-Production Tool.
AI solution for streamlining post-production in photography and events.
People of Algomage
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Funding Insights of Algomage
Algomage has successfully raised a total of $1.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Algomage
Algomage has secured backing from 28 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flipkart, Dotin and Samyakth Capital.
| Investor | Description | Founded Year | Domain | Location |
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E-commerce startup acceleration and innovation programs focused on technology and partnerships in India.
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Private equity firm backed by single family office
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Venture capital firm focused on seed-stage investments
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Investor details for Algomage
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Investments & Acquisitions by Algomage
Investment portfolio details for Algomage
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Financial Statements - Algomage
Detailed financials for Algomage
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Algomage Comparisons
Peer comparison for Algomage
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Competitors of Algomage
Algomage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Imagen, CyberLink, Corel, DxO and Modyfi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-enabled software is used for photo editing by subscribers.
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Post-production software solutions are provided for media industry editing.
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Graphics, painting, photo, video, and office software is provided.
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Photo editing software is provided for image correction and enhancement.
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AI-powered image editor platform
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Detailed competitors of Algomage
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Latest news on Algomage
Complete news archive for Algomage
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Frequently Asked Questions about Algomage
Algomage was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Algomage is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anand Rathi is the current CEO of Algomage. They have also founded this company.
Algomage is a funded company, having raised a total of $1.35M across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Algomage is 17.
Algomage was founded in 2021 and is headquartered in Mumbai, India. AI-driven tools are provided by the company to automate and streamline post-production workflows in the photography sector. Services target individual photographers for efficient image processing and enterprises for improved event management. Operations focus on enhancing productivity through technology integration across global markets.
Algomage offers AI Post-Production Tool.
Algomage has 28 investors. Key investors include Flipkart, Dotin, Samyakth Capital, PitchRight Ventures, and Flipkart Leap.
The valuation of Algomage is $4.51M as of Jan 2022.