AlgoFace Overview
- Year Founded
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2017
- Status
-
Private
- Employees
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19
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$2.9M
- Investors
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8
AlgoFace General Information
Description
Developer of a biometric face analysis software designed for virtual makeup. The company's platform utilizes AI and AR technology that identifies what's special in every person through precise tracking of facial landmarks and the ability to detect and recognize faces accurately and clearly, enabling cosmetic retailers a deeper understanding of the human form.
Contact Information
Website
www.algoface.aiCorporate Office
- PO Box 3438
- Carefree, AZ 85377
- United States
Corporate Office
- PO Box 3438
- Carefree, AZ 85377
- United States
AlgoFace Timeline
AlgoFace Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 01-Feb-2025 | $2.9M | Completed | Generating Revenue | ||
| 8. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Grant | 27-Feb-2024 | Completed | Generating Revenue | |||
| 5. Grant | 20-Feb-2024 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 2. Early Stage VC | 19-Jun-2021 | $575K | $5.08M | Completed | Generating Revenue | |
| 1. Seed Round | 12-Apr-2021 | $4.5M | $4.5M | Completed | Generating Revenue |
VC Exit Predictor
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AlgoFace Comparisons
Industry
Financing
Details
AlgoFace Competitors (7)
One of AlgoFace’s 7 competitors is Face++, a Venture Capital-Backed company based in Beijing, China.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Face++ | Venture Capital-Backed | Beijing, China | ||||
| Visage Technologies | Corporation | Linkoping, Sweden | ||||
| ModiFace | Formerly VC-backed | Toronto, Canada | ||||
| Affectiva | Formerly VC-backed | Boston, MA | ||||
| Pinscreen | Venture Capital-Backed | Los Angeles, CA |
AlgoFace Patents
AlgoFace Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11861771-B2 | Virtual hair extension system | Active | 05-Feb-2021 | ||
| US-20220254080-A1 | Virtual hair extension system | Active | 05-Feb-2021 | ||
| US-11036789-B2 | Computer vision neural network system | Active | 10-Sep-2018 | ||
| US-20200082154-A1 | Computer vision neural network system | Active | 10-Sep-2018 | ||
| US-20200082158-A1 | Facial image makeup transfer system | Inactive | 10-Sep-2018 | G06T7/11 |
AlgoFace Signals
AlgoFace Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Monsoon Venture Fund | Venture Capital | Minority | ||
| Fuse Ventures | Accelerator/Incubator | |||
| Arizona Commerce Authority | Government | |||
| US National Science Foundation | Accelerator/Incubator | |||
| Angel (individual) | Minority |
AlgoFace FAQs
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When was AlgoFace founded?
AlgoFace was founded in 2017.
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Where is AlgoFace headquartered?
AlgoFace is headquartered in Carefree, AZ.
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What is the size of AlgoFace?
AlgoFace has 19 total employees.
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What industry is AlgoFace in?
AlgoFace’s primary industry is Software Development Applications.
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Is AlgoFace a private or public company?
AlgoFace is a Private company.
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What is AlgoFace’s current revenue?
The current revenue for AlgoFace is .
-
How much funding has AlgoFace raised over time?
AlgoFace has raised $7.97M.
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Who are AlgoFace’s investors?
Monsoon Venture Fund, Fuse Ventures, Arizona Commerce Authority, US National Science Foundation, and are 5 of 8 investors who have invested in AlgoFace.
-
Who are AlgoFace’s competitors?
Face++, Visage Technologies, ModiFace, Affectiva, and Pinscreen are some of the 7 competitors of AlgoFace.
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