What is Perfect?
Founded in 2015 and headquartered in Taiwan, Perfect Corporation specializes in the development of sophisticated application software that integrates beauty filters, virtual makeup, and hair color simulation. The company operates at the intersection of artificial intelligence and consumer beauty, providing a comprehensive suite of tools that enable users to visualize cosmetic products in real-time. By offering live training and high-fidelity image capture capabilities, Perfect Corporation has become an essential partner for global beauty brands seeking to enhance their digital presence and consumer engagement strategies. Its market position is defined by a robust portfolio of patented technologies that facilitate seamless virtual try-on experiences, effectively transforming the retail landscape through immersive digital solutions.
How much funding has Perfect raised?
Perfect has raised a total of $75M across 2 funding rounds:
Series A
$25M
Series C
$50M
Series A (2017): $25M with participation from Extol Capital and CyberLink Corp
Series C (2021): $50M led by The Goldman Sachs Group, Inc.
Key Investors in Perfect
The Goldman Sachs Group, Inc.
Goldman Sachs is a leading global investment banking, securities, and investment management firm providing a wide range of financial services to corporations and governments.
Extol Capital
Extol Capital is a venture and growth equity investment firm that strategically invests and advises companies in Technology, Media, and Entertainment.
CyberLink Corp
CyberLink Corp. is a multimedia and AI facial recognition software company that develops and owns patented technologies providing a foundation for multimedia experiences.
What's next for Perfect?
With the recent influx of capital, Perfect Corporation is well-positioned to scale its enterprise-level offerings and deepen its penetration into international markets. The strategic focus will likely center on enhancing its AI facial recognition capabilities to support more complex, personalized beauty recommendations and expanding its ecosystem of brand partnerships. As the demand for digital-first retail experiences continues to rise, the company is expected to leverage its strong financial backing to maintain its competitive edge, potentially exploring new verticals in the broader digital health and wellness space. The ongoing commitment from institutional investors suggests a long-term outlook focused on sustained innovation and market leadership in the AR beauty domain.
See full Perfect company page
