Tech Company Financing Transactions
ImagenAI Funding Round
ImagenAI, based in Tel Aviv,, raised $30 million in funding from Summit Partners and NFX.
Transaction Overview
Company Name
Announced On
12/19/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Summit Partners (Lead Investor) (Steffan Peyer)
Proceeds Purpose
It'll be used to expand the startup's software-as-a-service offering through mergers and acquisitions and product research and development.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Ariel Sharon 4
Tel Aviv,, Undisclosed
IL
Tel Aviv,, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
In 2020 Imagen set out to explore the pain points photographers have in their photo editing workflow and see if technology can help speed the process. The team soon realized that AI-based technology could be a game-changer.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to document funding rounds that are announced publicly. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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