About Ufoto
Ufoto is a company based in Hangzhou (China) founded in 2014 by Chen Ji was acquired by Wondershare in June 2021.. Ufoto has raised $1.53 million across 1 funding round from investors including Wondershare. Ufoto operates in a competitive market with competitors including PicsArt, Visual Supply Co, SenseTime, Lapse and Carat, among others.
- Headquarter Hangzhou, China
- Founders Chen Ji
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Sectors
Media & EntertainmentTechnology
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.53 M (USD)
in 1 rounds
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Latest Funding Round
$1.53 M (USD), Angel Round
Mar 09, 2016
- Investors
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Employee Count
Employee Count
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Acquired by
Wondershare
(Jun 18, 2021)
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Funding Insights of Ufoto
Ufoto has successfully raised a total of $1.53M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1.53 million completed in March 2016. 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 1
- Last Round Angel Round — $1.5M
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First Round
First Round
(09 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Angel Round - Ufoto | Valuation |
investors |
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| 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 Ufoto
Ufoto has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wondershare. 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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Developer of software for video editing, PDF management, and data recovery
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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 Ufoto
| 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 - Ufoto
| 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 |
Ufoto Comparisons
Competitors of Ufoto
Ufoto 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 PicsArt, Visual Supply Co, SenseTime, Lapse and Carat, 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 |
Photos and videos are edited using AI-assisted tools and stickers.
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| domain | founded_year | HQ Location |
Community for photographers
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| domain | founded_year | HQ Location |
AI based platform offering image recognition solutions
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| domain | founded_year | HQ Location |
Provider of photography solutions for creating social photo journals
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| domain | founded_year | HQ Location |
Carat is recognized as a creative AI agent provider.
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| domain | founded_year | HQ Location |
AI-powered photo editing platform
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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 Ufoto
When was Ufoto founded?
Ufoto was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Ufoto located?
Ufoto is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Ufoto?
Chen Ji is the current CEO of Ufoto. They have also founded this company.
Is Ufoto a funded company?
Ufoto is a funded company, having raised a total of $1.53M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.53M, raised on Mar 09, 2016.
What does Ufoto do?
Ufoto develops a range of mobile apps for photo editing, camera and related work. Its camera app allows users to adjust contrast, ISO, saturation, etc. before taking a picture. The photo editing app helps to improve photographs taken by applying filters, etc. Also has an app that cartoonifies users images.
Who are the top competitors of Ufoto?
Ufoto's top competitors include Visual Supply Co, SenseTime and PicsArt.
Who are Ufoto's investors?
Ufoto has 1 investor. Key investors include Wondershare.
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