Init ML (acquired by Jasper AI)

Acquired

Raised $1.4M (before acquisitions)

Founded 2020Paris, France11-50 employees

About Init ML (acquired by Jasper AI)

Init ML created Clipdrop, an AI-powered image editing platform. Originally acquired by Stability AI in March 2023, then sold to Jasper AI in February 2024. Founded in 2020 and headquartered in Paris, France, Init ML (acquired by Jasper AI) has raised a total of $1.4M (before acquisitions) in funding and is currently at the Acquired stage. Notable investors include Air Street Capital, SOMA, Kima Ventures.

Key Metrics

Total Funding

$1.4M (before acquisitions)

Founded

2020

Team Size

11-50

Headquarters

Paris, France

Stage

Acquired

Founders

Cyril Diagne

Co-founder & CEO

Jonathan Blanchet

Co-founder & CTO

Damien Henry

Co-founder & COO

Funding Rounds

Round	Date	Amount	Investors
Seed	Aug 2021	€1.2M (~$1.4M)	Air Street CapitalSOMAKima Ventures

Investors

Air Street CapitalSOMAKima Ventures

Company Profiles

Crunchbase

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Clipdrop Review

Read full review, pricing, and alternatives

Clipdrop competes with Remove.bg, Canva's AI tools, and Adobe Firefly. While Remove.bg offers better background removal and Adobe Firefly provides deeper creative control, Clipdrop's bundled approach of 15+ tools provides the most comprehensive coverage at a competitive price. Canva's AI tools are integrated into a design platform, while Clipdrop focuses purely on AI-powered editing.