Loom.ai is a startup company that provides technology for creating personalized and dynamic 3D avatars from photographs for messaging, social VR, chatbots, games, e-commerce and virtual classrooms for individuals and businesses around the world.
It uses technology in computer vision and machine learning combined with VFX magic to create life-like human face visualizations. The animated and expressive faces can be used to power applications in VR, gaming, messaging, e-commerce.
Kiran Bhat, former Senior Research and Development Engineer at LucasFilms and Mahesh Ramasubramanian, former VFX supervisor at DreamWorks Animation founded Loom.ai in 2016.
Loom.ai is funded by Silicon Valley investors including Danhua Capital, Y Combinator, Presence Capital, Anorak Ventures, Zach Coelius’ syndicate and individuals including GV partner Joe Kraus.
On June 1, 2016 Loom.ai announced raising $1.35 million in seed funding from Y Combinator, Presence Capital, DHVC, Anorak Ventures, Zach Coelius, and Joe Kraus. The company plans on using their funding to improve their avatar technology.
On March 1, 2017 Loom.ai announced raising their second round of seed funding with an undisclosed amount of funding from undisclosed investors.
On August 1, 2017 Loom.ai announced raising $1.5 million in funding for their third seed funding round from GREE VR Capital, Dentsu Ventures, DHVC, and Zach Coelius.
On May 3, 2018 Loom.ai announced raising $3 million in funding for their fourth seed round from Samsung Ventures. The company plans on using their funding to hire more employees and establish additional partnerships for the development of its SDK solution technology.
Timeline
Funding rounds
People
Akash Garg
Employee
Alexander Seropian
Advisor
Amitt Mahajan
Investor
Andrew A. Johnson
Employee
Charlie Cole
Advisor
David Anderman
Advisor
David Harmon
Employee
Dominic Monn
Employee
Dovey Wan
Investor
Du Bois Eloi
Employee
Erwan Maigret
Employee
Flynn, Michael
Employee
GFR Fund
Investor
Greg Castle
Investor
Hunter Blanks
Employee
Ian Sachs
Employee
Inaki Navarro, PhD
Employee
Jeremy Bailenson
Advisor
jihyun yoon
Employee
Jonathan Su
Advisor
Joshua Gustafson
Employee
Katsuyuki (Kevin) Hasegawa
Investor
Kiran Bhat
Founder
Mahesh Ramasubramanian
Founder
MIchael Palleschi
Employee