About Cupixel
Cupixel is a company based in Boston (United States) founded in 2015.. Cupixel has raised $13.53 million across 2 funding rounds from investors including Jo-Ann Stores. Cupixel offers products and services including Cupixel App and Starter Set. Cupixel operates in a competitive market with competitors including Sketchar, MonAi, PicSo, Handy Art Tool and Da Vinci Eye, among others.
- Headquarter Boston, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.53 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Seed
Aug 10, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Cupixel
Cupixel offers a comprehensive portfolio of products and services, including Cupixel App and Starter Set. 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.
AR app for tracing and painting art on various surfaces.
Includes smart tracing device for app-based art creation.
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Funding Insights of Cupixel
Cupixel has successfully raised a total of $13.53M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in August 2022. 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 — $5.0M
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First Round
First Round
(27 May 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Seed - Cupixel | Valuation | Jo-Ann Stores |
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| May, 2022 | Amount | Seed - Cupixel | Valuation | Jo-Ann Stores |
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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 Cupixel
Cupixel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Jo-Ann Stores. 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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Retailer of fabrics, sewing supplies, and craft materials
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cupixel
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Cupixel
| 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 |
Cupixel Comparisons
Competitors of Cupixel
Cupixel 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 Sketchar, MonAi, PicSo, Handy Art Tool and Da Vinci Eye, 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 |
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| domain | founded_year | HQ Location |
Creativity and skills are developed through AR drawing mobile app.
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Offers an AI-powered app for generating and creating custom images.
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Offers an AI and web-based app for digital art creation.
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Mobile app offering 3D models for hand, head, and foot poses in drawing references.
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Provides AR tools for accurate drawing and mural creation by artists.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cupixel
Frequently Asked Questions about Cupixel
When was Cupixel founded?
Cupixel was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Cupixel located?
Cupixel is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Cupixel a funded company?
Cupixel is a funded company, having raised a total of $13.53M across 2 funding rounds to date. The company's 1st funding round was a Seed of $8.53M, raised on May 27, 2022.
What does Cupixel do?
Cupixel was founded in 2015 in Boston, United States, and operates in the augmented reality sector. A mobile app is offered on iOS and Android platforms, enabling accurate sketching of image outlines through augmented reality. Tools such as canvas, paints, brushes, and frames are included for artwork creation in superimposed environments. The platform supports digital art production for users across mobile devices.
Who are the top competitors of Cupixel?
What products or services does Cupixel offer?
Cupixel offers Cupixel App and Starter Set.
Who are Cupixel's investors?
Cupixel has 1 investor. Key investors include Jo-Ann Stores.