Wand Technologies
AI powered creative tool for collaboratively exploring visual ideas.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $4.2m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Wand Technologies Inc. is a technology company that has developed Wand, an AI-powered image editing application. The application is designed for creative professionals and allows them to visualize, create, and edit images in a collaborative environment.
Wand operates in the graphics and design software market, providing a tool that integrates with creative workflows. The business model is likely based on a freemium or subscription model, as the app is free to download but offers in-app purchases. This model allows users to try the basic features before committing to a paid plan, which likely unlocks more advanced functionalities.
The company targets a wide range of users, from individual artists to design teams, who can use the tool for concept art, photo editing, and other creative projects. The collaborative nature of the platform suggests that it is also suitable for enterprise clients who need to work on visual projects together.
Keywords: AI image editing, creative software, graphics and design, collaborative tool, photo editor, concept art, digital art, freemium model, in-app purchases, visual creation