590% revenue growth projected to $9M in 2022, up from $1.3M in 2021; $3M revenue contracted in Q1
D-ID strikes new deal with MyHeritage, releases Live Story app which adds speech to animated still photos
Viral still photo animation technology swept the world with DeepNostalgia app leading to multimillion-dollar deal with MyHeritage
Warner Bros calls on D-ID to animate images for Harry Potter The Exhibition
22 new deals and 7 upsells with existing customers in 2021, including Josh (India's TikTok), Mondelēz, Warner Bros.
Metaverse team led by Prof. Lior Wolf developing effects for personalization in the Metaverse including full body reenactment from still image to 3D video; partnerships with AR/VR specialists The Glimpse Group and CGI experts The Artery
$25M Series B, with participation from Pitango, AXA, other existing investors
D-ID created the technology behind DeepNostalgia, the viral video sensation of 2021 from genealogy service MyHeritage which allowed users to animate the faces of loved ones in more than 100 million still photos. Now MyHeritage and D-ID have released Live Story – which doesn't just bring the people in photos to life with movement, but actually has them speak.
OurCrowd is reinvesting in D-ID, a Y-Combinator graduate specializing in video reenactment technology using AI and deep learning. The details in this email are based on information received from, and verified solely by, the company. Click to sign an NDA and learn how you can join this investment round.
Viral Product Live Portrait, D-ID's still photo animation product, is the technology behind MyHeritage's Deep Nostalgia app. Jimmy Kimmel, Ian McKellan, and Jake Tapper were among the celebrities whose enthusiasm transformed Deep Nostalgia into a global viral sensation. The multimillion-dollar deal with MyHeritage is providing the company with invaluable publicity.
D-ID has two additional products available. Speaking Portrait – released by MyHeritage as Live Story– can automatically create talking-head videos from written text. Face Lit allows users to digitally change the emotional expressions of images.
The Company The company is currently staffing a new Metaverse division to develop products for the emerging Metaverse that can include not only faces but full bodies capable of interacting with the digital environment.
Professor Lior Wolf of the School of Computer Science at Tel Aviv University recently joined the team. Prof. Wolf is the former lead research scientist at Facebook AI Research and a world-renowned expert in deep-learning full body reenactment.
The company has partnerships with AR/VR specialists The Glimpse Group and CGI experts The Artery.
Revenue Growth D-ID projects a 590% increase in revenue this year to $9M, with $12.4M annual contract value, up from $1.3Min 2021. The company has already contracted $3M in Q1.
D-ID had 22 new deals and 7 upsells with existing customers in 2021, including Josh (India's TikTok) and Mondelēz. The Israel National Library joined the company's customers in 2022, while existing customer Warner Bros Pictures called on D-ID to animate images for Harry Potter The Exhibition.
The Round Series B round of $25M. Investors include Pitango, AXA and other existing investors.
Meet the CEO Sign NDA to watch a webinar with the CEO Gil Perry and learn more about D-ID.
Best,
OurCrowd Investments
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