Krome Photos raises $2.3 Million, expands photo-tech design marketplace
Innovative Service blending AI and Certified Pro Designers, Offers Businesses and Consumers Quick Access to Creative Photos at an unbeatable price
PALO ALTO, Calif., July 17, 2018 /PRNewswire/ — Krome Photos, the only global marketplace for designers and editors to provide affordable image solutions for businesses and beautiful photos for families, today announced that it has raised a $2.3 million seed funding round led by Evolution Corporate Advisors with participation by River Park Ventures, Sand Hill Angels and other existing investors.
Krome is the only service where customers can receive a creatively designed photo in one step, in hours for less than $12. Customers select a photo, get design recommendations based on their photo, and can place their design order right on the phone. Additional custom requests allow infinite image solutions from Krome designers and editors. Free re-edits ensure 100% satisfaction guarantee. The new funding will grow Krome’s marketing, business development and technical teams, while expanding partnerships that bring Krome to e-commerce and consumer platforms.
“Great Images drive sales and likes, and Krome is making it easy and affordable for anyone to have professionally designed photo images. The Krome service is actively disrupting the photo services industry with its pricing, creative designs, quality and turnaround time. The corporate opportunity alone is enormous as companies today need to constantly generate images for digital marketing and social engagement. Krome is the most elegant and affordable solution for these businesses,” said Gregg Smith, founding partner of Evolution Corporate Advisors.
Today, Krome has over 150,000 customers that actively use the Krome Studio apps to upload a photo, preview design recommendations, request a custom design, and receive their photo back within hours, instead of days or weeks. Businesses use Krome to increase sales and engagement through improved advertising, marketing and social posting. Families use Krome for beautiful and creative photos for sharing, printing and commemorating. Krome’s Design Lookbooks have gained massive popularity, being used in 70% of orders. These Lookbooks, by Krome designers, provide inspiration to customers by showing them the possibilities available for their photos, and help expand their imagination.
“Krome brings a unique blend of design and editing services, which lets all businesses and consumers get the images they want in hours at a fraction the cost. Our business customers are seeing an increased ROI on their advertising and marketing. Our consumer customers are now able to see their photo ideas come to life and delight their kids, friends and family,” said Eduardo Llach, Krome founder and CEO. “We’re excited to expand our service and team with this round of funding and we are honored to have the support of such a prestigious group of investors.”
The new funding round is effective immediately. For more information or to join Krome, visit www.kromephotos.com.
About Krome Photos
Krome Photos, Inc. is the leading digital photo design and editing marketplace and is the only service that enables consumers and businesses to have access to affordable creative digital photos at a fraction of the cost and time of current solutions. Krome uses a proprietary AI driven platform that allows customers to preview design recommendations and helps them place the perfect order. Krome’s AI and technology then optimizes how trained human designers and editors across the globe deliver the photo images that meet today’s business and customer needs. Headquartered in Palo Alto, Calif., Krome Photos operates globally. For more information, please visit kromephotos.com or follow us on Instagram, Facebook and Twitter.