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MarqVision, a Los Angeles, California-based next-generation, AI-powered IP protection platform, closed a $5 million seed round backed by SoftBank Ventures, Y Combinator, and Bass Investment.
With this seed round, MarqVision will expand the company infrastructure and increase enforcement capabilities in Asia. Additionally, MarqVision launched its newest product, an anti-piracy software to protect global content in the gaming, entertainment, and animation industries.
Company: Marq Vision Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: September 2021
Lead Investors: SoftBank Ventures, Y Combinator, and Bass Investment
Additional Investors:
Company Website: https://www.marqvision.com/
Software Category: AI-powered IP protection platform
About the Company: MarqVision helps global brands identify and remove counterfeits from online marketplaces like Amazon and Alibaba in over 30 countries. Counterfeiting is a massive and growing threat worldwide, and harnessing image recognition and natural language processing, this AI-powered, anti-counterfeiting SaaS makes it faster than ever before to take down counterfeits. Founded in 2020 by Harvard Law graduates and backed by Softbank and Y Combinator, MarqVision is bringing forth the next evolution of brand protection for businesses everywhere
Source: https://www.businesswire.com/news/home/20210928005229/en/Recent-Y-Combinator-Graduate-MarqVision-Closes-5M-in-Seed-Funding-Round-SoftBank-Main-Investora