PicHit.Me Nabs $3M To Grow Its Global Photo Market That Wants To Make PowerPoint Users Pay

Great place to see and must watch this space


Crowdsourced photo marketplace startup PicHit.Me has secured its first tranche of external funding — closing a $3 million early expansion funding round led by VC firm Almi Invest.

PicHit.Me, a Swedish startup which was founded back in 2012, has differentiated itself in the online photo marketplace space by collaborating with the likes of Microsoft, Nokia and UKTI to target its marketplace at office workers.

Instead of trying to disrupt the PowerPoint dinosaur, PicHit.Me is aiming to build a business off of the back of office workers’ continued dependence on Microsoft’s presentation software. And specifically out of their need to spice up dull slideshows with relevant and interesting imagery.

So really PicHit.Me is aiming to disrupt casual theft of images from places like Google Images —  by providing a legitimate place for people to locate photos to illustrate their presentations, and also to help them track down very specific images…

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