590% revenue growth forecast by viral animated photo creators

d-id email logo header-1
email heade

 

Invest now in DeepNostalgia creators D-ID

Multimillion-dollar deal with MyHeritage drives 590% projected revenue growth

D-ID Livestory

Watch Live Story add speech and movement to family photos

  • 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 emotional video

    See the emotional impact of DeepNostalgia from D-ID and MyHeritage

Sign NDA

Dear Josb,

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 $1.3M in 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.

Sign NDA

Meet the CEO
Sign NDA to watch a webinar with the CEO Gil Perry and learn more about D-ID.

Sign NDA to Watch

investor services-03-03-03
Best,
OurCrowd Investments 

How relevant was this email in helping you with your investment decisions?

Certain information in this email contains "forward-looking information" under applicable securities laws ("forward-looking statements"). These may include, among others, projected performance; expected development of the company's business, projects and partnerships; execution of the company's vision and growth strategy; and the like. Forward-looking statements are not guarantees of future performance and should not be relied on in any way. 

Nothing contained in and accompanying this communication shall be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security by OurCrowd, its portfolio companies or any third party. Information regarding OurCrowd's limited partnerships and/or portfolio companies and the investment opportunities on OurCrowd's website is intended and available for accredited investors only (criteria at OurCrowd). OurCrowd urges potential investors to consult with licensed legal professionals and investment advisors for any legal, tax, insurance, or investment advice.OurCrowd operates in Canada through OurCrowd Canada Inc., an exempt market dealer registered in the Provinces of British Columbia, Alberta, Manitoba, Ontario, Quebec and Nova Scotia.

Follow us:

social_A-1social_A-1social_B-1social_C-1

You received this email because you are subscribed to emails from OurCrowd.
Update your email preferences to choose the types of emails you receive. 

Post a Comment

0 Comments