AI-driven beauty and personal care startup, CureSkin, raised $5 million in Series A led by JSW Ventures where Sharrp Ventures, SenseAI and existing investors also participated.
CureSkin is a platform powered by artificial intelligence that detects and treats skin conditions. The company’s AI technology accurately analyses users’ skin conditions and recommends a personalized treatment kit and care plan. The funds raised would be used to increase the company’s overall customer base, expand into adjacent categories, and make additional technological investments. The direct-to-consumer beauty market is exploding and is expected to reach $5 billion by 2025 at a CAGR of 9.3%.
Through the app, users can get their photos analyzed for skin conditions such as acne, dark spots, pigmentation, and wrinkles. The technology was developed using a database of millions of images, and according to the company’s claims, is able to detect skin conditions across different skin types with high accuracy. Its treatment plans also come with free diet and lifestyle guidance.
Sharrp Ventures, SenseAI, and other previous investors joined JSW Ventures in leading the new series A investment. CureSkin’s platform, which was founded in 2017 by two ex-Google workers Guna Kakulapati and Rama Rajanna, as well as doctor Charu Sharma, uses AI technology to accurately diagnose users’ skin ailments and offer a customised treatment kit and care regimen.
The business claims that its tech-enabled platform addresses these concerns by providing expert-designed tailored regimens. Users can use the CureSkin app to take images and receive free AI analysis for acne, dark spots, pigmentation, wrinkles, and more.