Loom.ai

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.

Funding

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.

Seed

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.

Seed II

On March 1, 2017 Loom.ai announced raising their second round of seed funding with an undisclosed amount of funding from undisclosed investors.

Seed III

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.

Seed IV

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.