Init ML (acquired by Jasper AI)
AcquiredRaised $1.4M (before acquisitions)
Last updated March 2026
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.
Total Funding
$1.4M (before acquisitions)
Employees
11-50
Founded
2020
Init ML (acquired by Jasper AI) — Key Facts
| Company | Init ML (acquired by Jasper AI) |
|---|---|
| Product | Clipdrop |
| Founded | 2020 |
| Headquarters | Paris, France |
| Employees | 11-50 |
| Funding status | Venture-backed |
| Total funding | $1.4M (before acquisitions) |
| Stage | Acquired |
| Founders | Cyril Diagne, Jonathan Blanchet, Damien Henry |
| Website | clipdrop.co |
Founders
Cyril Diagne
Co-founder & CEO
Jonathan Blanchet
Co-founder & CTO
Damien Henry
Co-founder & COO
Funding Rounds
- Seed€1.2M (~$1.4M)Aug 2021Air Street CapitalSOMAKima Ventures
Investors
Company Profiles
Init ML (acquired by Jasper AI) — Frequently Asked Questions
Who owns Clipdrop?
Clipdrop is developed by Init ML (acquired by Jasper AI), headquartered in Paris, France.
Who founded Init ML (acquired by Jasper AI)?
Init ML (acquired by Jasper AI) was founded by Cyril Diagne, Jonathan Blanchet and Damien Henry in 2020.
How much funding has Init ML (acquired by Jasper AI) raised?
Init ML (acquired by Jasper AI) has raised $1.4M (before acquisitions) and is at the Acquired stage. Investors include Air Street Capital, SOMA, Kima Ventures.
How many employees does Init ML (acquired by Jasper AI) have?
Init ML (acquired by Jasper AI) has approximately 11-50 employees.
Where is Init ML (acquired by Jasper AI) headquartered?
Init ML (acquired by Jasper AI) is headquartered in Paris, France.
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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.