What is D-ID?
Founded in 2017, D-ID is at the forefront of deep learning-powered facial image processing and video animation. Initially recognized for its pioneering facial de-identification technology designed to protect images from facial recognition, the company has evolved its offerings to include its proprietary Creative Reality platform. This platform leverages sophisticated deep learning algorithms, image processing, and neural networks, trained on extensive video datasets, to enable a wide array of applications. These include animating still images, producing high-quality video content, and facilitating engaging user experiences at scale, positioning D-ID as a key player in the AI-driven content creation market.
How much funding has D-ID raised?
D-ID has raised a total of $42.5M across 3 funding rounds:
Angel/Seed
$4M
Series A
$13.5M
Series B
$25M
Angel/Seed (2018): $4M with participation from Pitango Venture Capital
Series A (2020): $13.5M led by AXA Venture Partners
Series B (2022): $25M supported by Marubeni, OIF, Pitango Venture Capital, Macquarie Capital Partners, AXA Venture Partners, Maverick, and OurCrowd
Key Investors in D-ID
Pitango Venture Capital
Pitango is a venture capital firm that partners with visionary entrepreneurs and groundbreaking companies, supporting them from stealth mode to maturity. The firm operates through three funds: First, Growth, and HealthTech, focusing on exceptional founding teams. Pitango aims to provide value-added support to its portfolio companies, fostering innovation and growth in various sectors. Their intended clients include startups and established companies in the technology and health sectors.
AXA Venture Partners
AXA Venture Partners (AVP) is a venture capital fund investing in high-growth, technology-enabled companies. AVP has built a unique investment platform specialized in tech investments with $600 million of assets under management through three pillars of investment expertise: Early Stage Fund, Growth Stage Fund and Fund of Funds. To date, AVP has invested in 40 Early and Growth equity deals and 6 Fund investments. AVP team operates globally backed by offices in San Francisco, New York, London, Paris and Hong Kong. Beyond investments, AVP provides access to business development opportunities helping portfolio companies to scale globally and accelerate their growth. AVP value proposition: - Strong domain expertise in the company's focus sectors - Global presence, ability to help companies scale internationally - AVP provides access to business development opportunities with AXA and any other relevant corporates helping portfolio companies to scale and accelerate their growth
Marubeni
Marubeni Corporation is a major Japanese integrated trading and investment business conglomerate that handles products and provides services in a broad range of sectors. These areas encompass importing and exporting, as well as transactions in the Japanese market, related to food materials, food products, textiles, materials, pulp and paper, chemicals, energy, metals and mineral resources, transportation machinery, and includes offshore trading. The Company's activities also extend to power projects and infrastructure, plants and industrial machinery, finance, logistics and information industry, and real estate development and construction. Additionally, Marubeni conducts business investment, development and management on a global level.
What's next for D-ID?
With the recent infusion of major strategic capital, D-ID is poised for accelerated expansion and further technological development. The company's trajectory, marked by consistent funding growth from Seed to Series B, suggests a strategic focus on scaling its operations, enhancing its Creative Reality platform, and potentially exploring new market verticals. The backing from prominent investors like Marubeni, Pitango Venture Capital, and AXA Venture Partners indicates a strong belief in D-ID's ability to innovate and capture a significant share of the rapidly growing digital content and AI solutions market. Future endeavors will likely involve deepening its AI capabilities and broadening its application reach across various industries.
See full D-ID company page
