# Photoroom: The $50M/Year Background removal tool

On 2024/9/17, Today in AI reported that U.S. AI background removal tool PhotoRoom completed USD 43 million in Series B financing at a USD 500 million valuation, bringing total financing to USD 64 million. Its current annual revenue was approximately USD 50 million. Initially designed for e-commerce sellers, the product had been used to promote the Barbie film and Taylor Swift's new album.



Canonical: https://uniquebase.ai/news/164cf7a3-3745-4a5a-b1f7-cd0cf515eec3
Stable identifier: 164cf7a3-3745-4a5a-b1f7-cd0cf515eec3
Snapshot captured: 2026-10-18T08:51:49.337Z
English updated: 2026-10-18T08:52:13.811Z

## Connected profiles

- [Algae Ventures](/institutions/algae-ventures)
- [Balderton Capital](/institutions/balderton-capital)
- [Meta](/institutions/meta)
- [PhotoRoom](/companies/photoroom)
- [Y Combinator](/institutions/y-combinator)
- [Yann LeCun](/institutions/yann-lecun)

## Sources

- https://www.todayin-ai.com/p/photoroom