About OpenArt
OpenArt is a company based in Redwood City (United States) founded in 2022 by Coco Mao and John Qiao.. OpenArt offers products and services including AI Image Generator, Image to Video, Sketch to Image, and Creative Upscale. OpenArt operates in a competitive market with competitors including Pinterest, Stability AI, BeReal, Bria and Ideogram, among others.
- Headquarter Redwood City, United States
- Founders Coco Mao, John Qiao
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Sectors
TechnologyMedia & Entertainment
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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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Latest Funding Round
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Investors
Basis Set Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of OpenArt
OpenArt offers a comprehensive portfolio of products and services, including AI Image Generator, Image to Video, Sketch to Image, and Creative Upscale. 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.
Converts text prompts into visual images using AI algorithms.
Transforms static images into dynamic video sequences.
Converts sketches into fully rendered digital images.
Enhances image resolution and quality with AI processing.
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Funding Insights of OpenArt
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - OpenArt | Valuation |
investors |
| 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 |
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Investors in OpenArt
OpenArt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Basis Set Ventures and DCM. 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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Early-stage technology investments are managed by Basis Set Ventures.
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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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 OpenArt
| 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 - OpenArt
| 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 |
Openart Comparisons
Competitors of OpenArt
OpenArt 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 Pinterest, Stability AI, BeReal, Bria and Ideogram, 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 |
Social image bookmarking platform
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| domain | founded_year | HQ Location |
Developer of generative AI models for image, video, audio, and 3D
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| domain | founded_year | HQ Location |
Social platform for sharing photos
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| domain | founded_year | HQ Location |
AI-based solutions are provided for creating customized visual content.
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| domain | founded_year | HQ Location |
Platform offering generative media tools
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| domain | founded_year | HQ Location |
Photo-based social blogging platform
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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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Frequently Asked Questions about OpenArt
When was OpenArt founded?
OpenArt was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is OpenArt located?
OpenArt is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of OpenArt?
Coco Mao is the current CEO of OpenArt. They have also founded this company.
What does OpenArt do?
OpenArt was founded in 2022 and is headquartered in Redwood City, United States. A social platform is provided for users to bookmark images in various formats and styles. Communities can be created and joined by users within the platform. Operations focus on facilitating image saving and social interactions in the digital art sector.
Who are the top competitors of OpenArt?
OpenArt's top competitors include Stability AI, Pinterest and Bria.
What products or services does OpenArt offer?
OpenArt offers AI Image Generator, Image to Video, Sketch to Image, and Creative Upscale.
Who are OpenArt's investors?
OpenArt has 2 investors. Key investors include Basis Set Ventures, and DCM.
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