The new funds will invest in augmenting the company’s artificial intelligence (AI) beauty technology solutions across multichannel retail and drive corporate global expansion.
Perfect Corp is a technology pioneer using proprietary AI and augmented reality (AR) solutions to ease consumer pain points in a digital first world. With more than 900 million app downloads and over 300 global brand partners, Perfect Corp.’s YouCam Makeup technology has upgraded the beauty industry across categories including makeup, skincare, foundation, hair and AI face attributes technologies allowing consumers to virtually try on SKUs, diagnose skin conditions, get personalized recommendations and easily discover beauty products.
The new funding comes as the company announces scaled up operations, more AI tech investment, and marks plans for continued global expansion with a complete suite of beauty tech solutions across all categories for e-commerce, stores, social channels, web and mobile app.
“We are thrilled to be working together with Goldman Sachs who share our vision of pushing the envelope of innovation to deliver the most interactive and enriched beauty shopping experiences,” said Alice H. Chang, CEO of Perfect Corp.
