ModiFace Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 69

Employees

  • Latest Deal Type
  • M&A

ModiFace General Information

Description

Developer of augmented reality platform designed to create augmented reality technologies for beauty brands. The company's platform offers scientifically validated skin assessment and simulation, photo-realistic makeup simulation with dynamic lighting adaption and photo-realistic hair color and style simulation, 3D facial feature tracking precisely measures and tracks movements and expressions, thereby enabling the beauty industry to provide personalized product previews which increase time-spend, user engagement and conversions.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 7 Saint Thomas Street
  • Unit 502
  • Toronto, Ontario M5S 2B7
  • Canada
+1 (647)
Primary Industry
Multimedia and Design Software
Parent Company
L'Oreal
Vertical(s)
Beauty, Augmented Reality, TMT
Corporate Office
  • 7 Saint Thomas Street
  • Unit 502
  • Toronto, Ontario M5S 2B7
  • Canada
+1 (647)

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ModiFace Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 16-Mar-2018 Completed Generating Revenue
2. Later Stage VC (Series A) 01-Jan-2012 Completed Generating Revenue
1. Angel (individual) 01-Apr-2007 $500K $500K Completed Startup
To view ModiFace’s complete valuation and funding history, request access »

ModiFace Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of augmented reality platform designed to create augmented reality technologies for beauty brands. The company
Multimedia and Design Software
Toronto, Canada
69 As of 2023

Palo Alto, CA
 

Menlo Park, CA
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ModiFace Competitors (2)

One of ModiFace’s 2 competitors is MemoMi, a Formerly Accelerator/Incubator backed company based in Palo Alto, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
MemoMi Formerly Accelerator/Incubator backed Palo Alto, CA
Perfect365 Corporation Menlo Park, CA
You’re viewing 2 of 2 competitors. Get the full list »

ModiFace Patents

ModiFace Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240362902-A1 Systems, methods and techniques for learning and using sparse instance-dependent attention for efficient vision transformers Pending 27-Apr-2023
US-20240273857-A1 Methods and systems for virtual hair coloring Pending 14-Feb-2023
US-20240221129-A1 Method and system for object antialiasing in an augmented reality experience Pending 22-Dec-2022
US-20240221251-A1 Method and system for effect contouring in an augmented reality experience Pending 22-Dec-2022
US-20240177225-A1 Methods and systems to generate customized virtual try on (vto) components providing model-based and user-based experiences Pending 30-Nov-2022 G06F16/9577
To view ModiFace’s complete patent history, request access »

ModiFace Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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ModiFace Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Ontario Centre of Innovation Not-For-Profit Venture Capital Minority
To view ModiFace’s complete investors history, request access »

ModiFace FAQs

  • When was ModiFace founded?

    ModiFace was founded in 2007.

  • Where is ModiFace headquartered?

    ModiFace is headquartered in Toronto, Canada.

  • What is the size of ModiFace?

    ModiFace has 69 total employees.

  • What industry is ModiFace in?

    ModiFace’s primary industry is Multimedia and Design Software.

  • Is ModiFace a private or public company?

    ModiFace is a Private company.

  • What is ModiFace’s current revenue?

    The current revenue for ModiFace is .

  • How much funding has ModiFace raised over time?

    ModiFace has raised $4.3M.

  • Who are ModiFace’s investors?

    Ontario Centre of Innovation has invested in ModiFace.

  • Who are ModiFace’s competitors?

    MemoMi and Perfect365 are competitors of ModiFace.

  • When was ModiFace acquired?

    ModiFace was acquired on 16-Mar-2018.

  • Who acquired ModiFace?

    ModiFace was acquired by L'Oreal.

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