Funding Received
$2.3 Million in 7 Rounds from 3 Investors
Most Recent Funding
$1.5 Million Seed on August 7, 2013
Founded:
November 10, 2011
Headquarters:
Malmö
Description:
Foap AB offers smartphone users and photographers the opportunity to earn money from their photos.
Founders:
David Los, Alexandra Bylund
Categories:
Startups, Photography, Mobile
Website:
http://www.foap.com

Detailed Description

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We turn your iPhone photos into Dollars.

We are a Swedish start up which helps you to sell your iPhone photos. Snap or upload a photo via our iPhone App and if it gets approved it will be published at www.foap.com for editorial/commercial sale for companies which are looking for marketing material. Each photo can be sold unlimited amount of times, and we split the revenue with on a 50/50 basis. The current price is $10 per photo that is licensed.

The goal is to build a image database that has a constant massive inflow of photos since we know that photo buying companies are looking for more variation. Also, we want to build a database consisting of more natural and local photos, and avoid feeding the market with something that it's already overwhelmed of: that is typical arranged stock modeling photos.

Current Team (4)

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Funding Rounds (7) - $2.3M

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Board Members and Advisors (1)

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Investors (2)

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  • Cb default image

    Maxwell Ventures

    Maxwell Ventures was added to CrunchBase in 2013
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    Industrifonden

    Industrifonden is a Swedish based venture capital fund with approx. 400 MEUR under management...

Offices/Locations (2)

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  • Office

    Malmö,

    SWE

  • Foap HQ

    Malmö,

    SWE

Images (1)

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