About RefaceAI
RefaceAI is a company based in Ukraine founded in 2019 by Dima Shvets, Kyle Sygyda, and Yaroslav Boiko.. RefaceAI has raised $11 million across 3 funding rounds from investors including Matt Kives, Peter Serafinowicz and Trey Parker. RefaceAI offers products and services including Reface, Revive, Restyle, Ink AI, and Bitepal. RefaceAI operates in a competitive market with competitors including FaceMagic, Hellos, AI Face Swap, D.O.B Studio and SwapStream, among others.
- Headquarter Ukraine
- Founders Dima Shvets, Kyle Sygyda, Yaroslav Boiko
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Sectors
Technology
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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
$11 M (USD)
in 3 rounds
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Latest Funding Round
$17.9 M (USD), Debt – Conventional
Dec 26, 2025
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Investors
TQ Ventures
& 15 more
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Employee Count
Employee Count
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Products & Services of RefaceAI
RefaceAI offers a comprehensive portfolio of products and services, including Reface, Revive, Restyle, Ink AI, and Bitepal. 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.
App for swapping faces in photos and videos
App to animate photos and make them sing
App for transforming photos and videos with filters
App to design and try virtual tattoos
App for tracking calories and virtual pet care
App for sharing with an AI-based journal
App to try clothes on virtually
App for creating memes and supporting causes
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Funding Insights of RefaceAI
RefaceAI has successfully raised a total of $11M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $17.9 million completed in December 2025. 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 3
- Last Round Debt – Conventional — $17.9M
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First Round
First Round
(29 Apr 2020)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Debt – Conventional - RefaceAI | Valuation |
investors |
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| Dec, 2020 | Amount | Seed - RefaceAI | Valuation |
investors |
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| Apr, 2020 | Amount | Seed - RefaceAI | Valuation | a16z |
| 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 RefaceAI
RefaceAI has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Matt Kives, Peter Serafinowicz and Trey Parker. 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 venture capital fund investing in tech-based startups
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage investments in technology companies are targeted by Ambridge Capital.
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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 RefaceAI
| 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 - RefaceAI
| 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 |
Refaceai Comparisons
Competitors of RefaceAI
RefaceAI 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 FaceMagic, Hellos, AI Face Swap, D.O.B Studio and SwapStream, 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-powered app for face swapping in videos and photos using selfies.
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| domain | founded_year | HQ Location |
AI-based platform for the creation of face swapping videos
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| domain | founded_year | HQ Location |
Offers an AI-powered tool for seamless face swapping in images and videos.
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| domain | founded_year | HQ Location |
A horizontal metaverse platform is developed and operated globally.
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| domain | founded_year | HQ Location |
Provides real-time face swapping for live streams through web-based technology.
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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 RefaceAI
When was RefaceAI founded?
RefaceAI was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is RefaceAI located?
RefaceAI is headquartered in Ukraine.
Is RefaceAI a funded company?
RefaceAI is a funded company, having raised a total of $11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Apr 29, 2020.
What does RefaceAI do?
RefaceAI was founded in 2019 in Ukraine within the AI and mobile entertainment sector. Face-swapping technology is utilized to edit videos by replacing faces with user-uploaded photos. GIFs, memes, and short videos are generated through the platform. Availability is extended to Android and iOS devices. Revenue is generated via in-app purchases and advertisements.
Who are the top competitors of RefaceAI?
RefaceAI's top competitors include Hellos, D.O.B Studio and AI Face Swap.
What products or services does RefaceAI offer?
RefaceAI offers Reface, Revive, Restyle, Ink AI, and 4 more products and services.
Who are RefaceAI's investors?
RefaceAI has 16 investors. Key investors include Matt Kives, Peter Serafinowicz, Trey Parker, Matt Stone, and Natalia Vodianova.
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