About Let’s Enhance
Let’s Enhance is a company based in Tallinn (Estonia) founded in 2017 by Sofi Shvets.. Let’s Enhance has raised $3 million across 2 funding rounds from investors including Hype Ventures, Chamaeleon and Acrobator Ventures. Let’s Enhance operates in a competitive market with competitors including Meero, Retomagic, ihancer, AIPhotor and jpgHD, among others.
- Headquarter Tallinn, Estonia
- Founders Sofi Shvets
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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
*********
- Legal Name Lets Enhance Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Seed
Oct 27, 2021
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Investors
Hype Ventures
& 5 more
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Employee Count
Employee Count
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Funding Insights of Let’s Enhance
Let’s Enhance has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in October 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 — $3.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Seed - Let’s Enhance | Valuation | Chamaeleon | |
| Jul, 2018 | Amount | Seed - Let’s Enhance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Let’s Enhance
Let’s Enhance has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Hype Ventures, Chamaeleon and Acrobator Ventures. 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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Founded Year | Domain | Location | |
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Tech sectors are funded through venture capital by Chamaeleon.
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Founded Year | Domain | Location | |
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Early stage startups are funded by Acrobator Ventures.
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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 Let’s Enhance
| 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 - Lets Enhance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Let’S Enhance Comparisons
Competitors of Let’s Enhance
Let’s Enhance 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 Meero, Retomagic, ihancer, AIPhotor and jpgHD, 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 |
AI-based photo editing tools and marketplace for photographers are offered.
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AI-powered platform for user content creation and social networking.
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| domain | founded_year | HQ Location |
An AI-based program that enhances photo clarity and resolution for users.
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| domain | founded_year | HQ Location |
Operates an AI-based online platform for efficient photo editing.
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| domain | founded_year | HQ Location |
Offers an AI-based online platform for professional photo restoration services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Let’s Enhance
When was Let’s Enhance founded?
Let’s Enhance was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Let’s Enhance located?
Let’s Enhance is headquartered in Tallinn, Estonia.
Is Let’s Enhance a funded company?
Let’s Enhance is a funded company, having raised a total of $3M across 2 funding rounds to date.
What does Let’s Enhance do?
Developer of artificial intelligence-based image enhancement technology. The company uses image super-resolution technology based on deep convolutional neural networks which are trained on a huge dataset of images enabling the technology to learn typical features of physical objects such as bricks of the wall, hair, skin, among others. On recognizing these features the technology enhances the images adds extra details. The company also plans to provide an API for developers to integrate the technology into their image processing and upscaling applications.
Who are the top competitors of Let’s Enhance?
Who are Let’s Enhance's investors?
Let’s Enhance has 6 investors. Key investors include Hype Ventures, Chamaeleon, Acrobator Ventures, Margo Georgiadis, and Synetro.