About Clip Drop
Clip Drop is a company based in France founded in 2020 by Cyril Diagne, Damien Henry, and Jonathan Blanchet was acquired by Jasper in February 2024.. Clip Drop has raised $1.54 million across 2 funding rounds from investors including Stability AI, Jasper AI and Air Street Capital. Clip Drop offers products and services including Remove Background, Cleanup, Image Upscaler, Replace Background, and Generative Fill. Clip Drop operates in a competitive market with competitors including Camera IQ, ImagineAR, Enduvo, Scapic and Overly app, among others.
- Headquarter France
- Founders Cyril Diagne, Damien Henry, Jonathan Blanchet
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Initml
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.54 M (USD)
in 2 rounds
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Latest Funding Round
$1.41 M (USD), Seed
Aug 26, 2021
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Investors
Stability AI
& 13 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Clip Drop
Clip Drop offers a comprehensive portfolio of products and services, including Remove Background, Cleanup, Image Upscaler, Replace Background, and Generative Fill. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Extracts main subject from images with high accuracy.
Removes objects or defects from pictures automatically.
Upscales images by 2x or 4x while reducing noise.
Replaces image backgrounds using AI technology.
Fills or modifies image elements creatively.
Funding Insights of Clip Drop
Clip Drop has successfully raised a total of $1.54M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.41 million completed in August 2021. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.4M
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First Round
First Round
(01 Jun 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - Clip Drop | Valuation | Air Street Capital | |
| Jun, 2021 | Amount | Seed - Clip Drop | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clip Drop
Clip Drop has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Stability AI, Jasper AI and Air Street Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in AI & life science sectors
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Soma Capital to startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clip Drop
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clip Drop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clip Drop Comparisons
Competitors of Clip Drop
Clip Drop 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 Camera IQ, ImagineAR, Enduvo, Scapic and Overly app, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Augmented reality content creation and publishing solutions are provided.
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| domain | founded_year | HQ Location |
Provider of a platform to create AR campaigns
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| domain | founded_year | HQ Location |
Platform providing solutions to create VR/AR contents
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| domain | founded_year | HQ Location |
Web-based platform for no-code interactive content creation is provided.
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| domain | founded_year | HQ Location |
Provider of an online DIY platform to create AR experiences
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| domain | founded_year | HQ Location |
Augmented reality applications for interactive print media are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clip Drop
Frequently Asked Questions about Clip Drop
When was Clip Drop founded?
Clip Drop was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Clip Drop located?
Clip Drop is headquartered in France.
Who is the current CEO of Clip Drop?
Cyril Diagne is the current CEO of Clip Drop. They have also founded this company.
Is Clip Drop a funded company?
Clip Drop is a funded company, having raised a total of $1.54M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2021.
What does Clip Drop do?
Clip Drop was founded in 2020 in France as a provider of AI-based tools in the image capture and storage sector. Operations focus on enabling users to scan objects, drawings, and images from any location directly to a web-based app. Captured content is then stored in subscription-based cloud storage, supporting organized digital archiving for individuals and teams across various uses.
Who are the top competitors of Clip Drop?
What products or services does Clip Drop offer?
Clip Drop offers Remove Background, Cleanup, Image Upscaler, Replace Background, and Generative Fill.
Who are Clip Drop's investors?
Clip Drop has 14 investors. Key investors include Stability AI, Jasper AI, Air Street Capital, Kima Ventures, and Soma Capital.
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