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Faceu

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FaceU is an online photo-editing and sharing mobile app

Shenzhen, ChinaFounded 2013Consumer Services
Valuation $250–500M Last recorded · 2018
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Faceu and the history behind them.

About Faceu

Faceu operates as a camera and photo-editing mobile application, launched in 2016 by founder Guo Lie. Guo's previous venture, MYOTee, an app for creating cartoon avatars, achieved significant popularity in China and other countries in 2014, providing him with valuable experience in the viral app market. Faceu was developed following his time at the internet giant Tencent.

The company's core product is a smartphone app available on Android and iOS that allows users to apply augmented reality (AR) effects, stickers, and filters to their selfies and videos in real-time. This functionality, which includes face recognition and live beautification tools, set it apart from other apps that required post-capture editing. The application offers a wide array of features such as over 1,000 sticker options, GIF emoji creation, various face shape modifications, and professional-style filters. The platform also incorporates social functions like video chat and instant messaging, with content designed to be ephemeral.

Faceu's business model targets a young, predominantly female demographic. As of October 2017, the app had amassed 250 million registered users, with the majority being female and under 18 years old. The company generates revenue through advertising and brand partnerships. This includes creating custom-themed stickers for social media campaigns and full-screen open-screen ads. Faceu has collaborated with brands and key opinion leaders (KOLs) to create engaging content and marketing campaigns.

In February 2018, Faceu was acquired by the Chinese media startup Toutiao (a subsidiary of ByteDance) for a reported $300 million. The acquisition was a strategic move for Toutiao to leverage Faceu's AR technology for its short video platforms and to tap into Faceu's young user base. Prior to the acquisition, Faceu had received funding from investors including IDG Capital, Lightspeed China Partners, and Meitu. The app was banned in India in September 2020 amid geopolitical tensions.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Shenzhen, China
Open positions
None listed
Dealroom signal
22.7/100
Industry
Media
Sub-industry
Content production
Sector
Consumer Services, Immersive Technologies, Hard Tech
Technology
Augmented Reality, Mobile app
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Feb 2018 $300M $300M ByteDance ↗
SERIES COther financing Oct 2017 $50M $200M Undisclosed —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Faceu website traffic

Latest recorded traffic for Faceu is 1.1K monthly website visits, down 31.3% over the last three months.

Latest monthly visits1.1K 3-month web change-31.3%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A1 investor entered at this stage

Other known investors1 additional known investor

  • ByteDance
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Shenzhen HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Faceu on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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