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ClipDrop

ClipDrop

ClipDrop is an application developed to turn mobile photons into professional product visuals. The application and the company behind it were acquired by Stability AI in 2023.

OverviewStructured DataIssuesContributors

Contents

OverviewAcquisition by Stability AITimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
clipdrop.co
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Artificial Intelligence (AI)
Artificial Intelligence (AI)
20
‌
AI design generation
Art
Art
Augmented reality
Augmented reality
20
Software as a service (SaaS)
Software as a service (SaaS)
Computer Vision
Computer Vision
20
Design tool
Design tool
20
Generative AI
Generative AI
...
Location
Paris
Paris
2
B2X
B2B
B2B
B2C
B2C
CEO
Cyril Diagne
Cyril Diagne
17
Founder
Cyril Diagne
Cyril Diagne
15
Jonathan Blanchet
Jonathan Blanchet
15
Damien Henry
Damien Henry
15
Pitchbook URL
pitchbook.com/profiles...442949-32
Accelerator
Y Combinator
Y Combinator
15
Accelerator Batch
‌
Y Combinator W21 Batch
15
Number of Employees (Ranges)
1 – 10
Email Address
contact@initml.co
contact@clipdrop.co
Number of Employees
415
Investors
Soma Capital
Soma Capital
Y Combinator
Y Combinator
15
Kima Ventures
Kima Ventures
Air Street Capital
Air Street Capital
Founded Date
2020
15
Total Funding Amount (USD)
1,665,000
Latest Funding Round Date
2021
Competitors
Fotor
Fotor
18
Flatfile
Flatfile
19
Skylum Software
Skylum Software
18
Pixlr It Solution Llc
Pixlr It Solution Llc
18
Icons8
Icons8
19
Removebg
Removebg
19
imgkits
imgkits
18
‌
HotPot
18
Business Model
Subscription (with freemium option)16
Acquisition Transaction
‌
ClipDrop acquired by Stability AI
3
Also Known As
Init ML
Latest Funding Type
Seed
Seed
Country
France
France
Headquarters
Paris
Paris

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
1,410,000
Y Combinator URL
ycombinator.com/compani...clipdrop15
Overview

ClipDrop is an application that turns mobile photos into professional product visuals. The ClipDrop application is available on Android, iOS, macOS, Windows, as a web application, and as an API. The company was founded in 2020 by the development team, which includes Jonathan Blanchet, Cyril Diagne, and Damien Henry. The Paris-based company is sometimes referred to as Init ML. In March 2023, ClipDrop was acquired by Stability AI.

The ClipDrop application offers users tools to clean up photos, including removing objects, texts, and defects from a picture automatically; removing backgrounds to help users extract the main subject from a picture; relighting to help users change the lighting conditions in the pictures; removing text from images; and image upscaling, where users can upscale images by two or four times and remove noise from those images. With its artificial intelligence tools, ClipDrop offers users a text-to-image feature to generate high-resolution and realistic images and replace backgrounds with anything through generative AI.

Acquisition by Stability AI

In March 2023, Stability AI announced the acquisition of Init ML, or ClipDrop. The deal saw the ClipDrop application become a part of Stability AI as a generative AI tool, and the founders of ClipDrop and Init ML shifted to working on the ClipDrop tool under Stability AI. Working with Stability AI, the ClipDrop founding team is also expected to develop new products under Stability AI.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date
No Further Resources data yet.

References

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