Perfect Corp

Taipei, Taiwan Founded: 2014 • Age: 12 yrs
Provider of AI and AR-based virtual makeup application solutions
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About Perfect Corp

Perfect Corp is a company based in Taipei (Taiwan) founded in 2014 by Alice Chang.. Perfect Corp has raised $75 million across 4 funding rounds from investors including Alibaba Group, Shiseido and Yuanda Financial Holdings. The company has 342 employees as of December 31, 2024. Perfect Corp has completed 2 acquisitions, including FARFETCH and Wanna. Perfect Corp operates in a competitive market with competitors including Marxent, ThreeKit, BuzzAR, Hexa3D and Banuba, among others.

  • Headquarter Taipei, Taiwan
  • Employees 342 as on 31 Dec, 2024
  • Founders Alice Chang
  • Stage Public
  • Sectors
    Technology
    Healthcare Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Perfect Corp.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Healthcare → Health Technology & Digital Health
Retail → Fashion & Retail Innovation
Retail → E-Commerce Technology & Services
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $60.2 M
    12.52
    as on Dec 31, 2024
  • Net Profit
    $5.02 M
    -7.29
    as on Dec 31, 2024
  • EBITDA
    $-2.35 M
    52.6
    as on Dec 31, 2024
  • Total Equity Funding
    $75 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    342

    as on Dec 31, 2024

  • Investments & Acquisitions
    FARFETCH

    & 1 more

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IPO & Listings of Perfect Corp

Perfect Corp is a publicly listed company on the NYSE with ticker symbol PERF in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: PERF . Sector: Technology services · USA
People of Perfect Corp
Headcount 50-200
Employee Profiles 48
Employee Profiles
People
Kazushige Sato
Project Manager
People
Ariel Lin
Marketing Manager
People
Yuchieh Tsai
Business Development Account Manager
People
Aurelle Baldellon
Business Development Manager - Europe

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Funding Insights of Perfect Corp

Perfect Corp has successfully raised a total of $75M across 4 strategic funding rounds. 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 Rounds 4
  • Last Round
  • First Round

    (18 Oct 2017)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Post-IPO - Perfect Corp Valuation

investors

Jan, 2021 Amount Series C - Perfect Corp Valuation Goldman Sachs Investment Partners
Sep, 2019 Amount Series A - Perfect Corp Valuation Alibaba Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Perfect Corp

Perfect Corp has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, Shiseido and Yuanda Financial Holdings. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments in advanced technologies are focused on.
Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm investing in the US & China
Founded Year Domain Location
Skincare, makeup, and suncare products are offered by Shiseido.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Perfect Corp

Perfect Corp has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FARFETCH and Wanna. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AR-based try-on app for shoe visualization in shopping is offered.
2017
Multi-category fashion products are retailed online for diverse demographics.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Perfect Corp

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Perfect Corp Comparisons

Employees
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Competitors of Perfect Corp

Perfect Corp 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 Marxent, ThreeKit, BuzzAR, Hexa3D and Banuba, 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
Cloud-based virtual trial solutions are offered for home improvement visualization.
domain founded_year HQ Location
AR product visualization platform is provided for retail industry.
domain founded_year HQ Location
AR-based app for retail and eCommerce product visualization is provided.
domain founded_year HQ Location
SaaS platform for 3D content creation to enable AR/VR in commerce
domain founded_year HQ Location
Augmented reality content creation tools are provided using machine learning.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Perfect Corp

Frequently Asked Questions about Perfect Corp

When was Perfect Corp founded?

Perfect Corp was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Perfect Corp located?

Perfect Corp is headquartered in Taipei, Taiwan.

Who is the current CEO of Perfect Corp?

Alice Chang is the current CEO of Perfect Corp. They have also founded this company.

Is Perfect Corp a funded company?

Perfect Corp is a funded company, having raised a total of $75M across 4 funding rounds to date.

How many employees does Perfect Corp have?

As of Dec 31, 2024, the latest employee count at Perfect Corp is 342.

What is the annual revenue of Perfect Corp?

Annual revenue of Perfect Corp is $60.2M as on Dec 31, 2024.

What does Perfect Corp do?

Founded in 2014 and based in Taipei, Taiwan, solutions in the AI and AR sectors for beauty technology are offered by the company. Virtual application of makeup products is enabled through facial mapping in mobile applications, allowing users to experiment with cosmetics directly via device cameras. Operations focus on consumer-facing tools for product visualization in the cosmetics industry.

Who are the top competitors of Perfect Corp?

Perfect Corp's top competitors include Banuba, Augment and Marxent.

Is Perfect Corp publicly traded?

Yes, Perfect Corp is publicly traded on NYSE under the ticker symbol PERF.

How many acquisitions has Perfect Corp made?

Perfect Corp has made 2 acquisitions, including FARFETCH, and Wanna.

Who are Perfect Corp's investors?

Perfect Corp has 7 investors. Key investors include Alibaba Group, Shiseido, Yuanda Financial Holdings, CyberLink, and Goldman Sachs Investment Partners.

What is Perfect Corp's ticker symbol?

The ticker symbol of Perfect Corp is PERF on NYSE.

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