Company:Perfect Corp

From HandWiki
Perfect Corp.
TypePublic
NYSE: PERF
IndustrySaas, AI, AR
FoundedJune 1, 2015
FounderAlice Chang
Headquarters
New Taipei City, Xindian District
,
Taiwan
Area served
Worldwide
ProductsAI and AR beauty technological products, YouCam Perfect, YouCam Makeup
ServicesSaaS, AI, AR beauty and fashion tech services
Number of employees
342 [1] (2023)
Websitewww.perfectcorp.com

Perfect Corp is a global SaaS artificial intelligence and augmented reality company. It is headquartered in New York. The company provides SaaS AI, AR beauty and fashion tech services.[2][3][4] It is listed on New York Stock Exchange with trade symbol (PERF).[5][6]

Perfect Corp has created an AI beauty assistant for the virtual world.[7]

Their technologies are used by brands including Bobbi Brown, Estee Lauder, Madison Reed, and Ardell.[8][9]

History

Founded by Alice Chang[10] in 2015,[11][12] Perfect Corp was the first company to develop makeup virtual try-on with real-time camera support powered by machine learning.[13][14] In 2020, Perfect Corp partnered with Google to launch a virtual try-on feature in Google shopping.[15][16] It also partnered with Snapchat for Shoppable AR beauty try-on.[17]

In 2024, Perfect Corp. reported a 12.5% year-over-year revenue increase, reaching $60.2 million, with net income at $5 million and adjusted net income rising 18.6% to $8.3 million.[18][19][20]

In September 2024, RéVive Skincare partnered with Perfect Corp. to harness AI technology, utilizing data from RéVive's clinical trials to create interactive before-and-after visuals.[21]

In November 2024, Perfect Corp. partnered with French skincare brand Holidermie to integrate its AI-powered Skincare Pro technology into Holidermie's flagship retail locations in Paris.[22]

In December 2024, Perfect Corp. launched a suite of AI APIs designed to simplify the integration of advanced AI-powered beauty technology into various products and applications. These APIs offer features such as virtual hairstyles and wig try-ons, AI makeup transfer, age-progression simulations, text-to-image generation, and AI image enhancement tools.[23]

At the same time, Perfect Corp. announced its acquisition of Wannaby Inc., a company specializing in augmented reality (AR) and computer vision technologies.[24][25][26][27]

In January 2025, Perfect Corp. introduced the AI Frizzy Hair Analyzer, an addition to its AI Hair Analysis suite, designed to assess hair frizz levels using artificial intelligence.[28]

In February 2025, Perfect Corp. collaborated with Inovshop Group to integrate its AI Skin Analysis tool, Skincare Pro, into Amazon's inaugural parapharmacy in Milan, Italy. This initiative features self-service mirrors equipped with iPads, enabling customers to receive personalized skin consultations by analyzing 15 unique skin concerns.[29][30][31]

Also, in February, Skinworx, a skincare and aesthetic treatment provider, integrated Perfect Corp.'s Skincare Pro AI software at its medspa in Walnut Creek, California.[32][33][34]

Awards

  • 2025 The Most Innovative Companies in Retail by Fast Company[35]
  • 2024 Innocos Biohackers’ Choice Beauty Awards for Best Skincare Diagnostic and Best Haircare Diagnostic[36]
  • 2024 Business Intelligence Group's Big Innovation Awards[37]
  • 2023 Webby award honoree[38]
  • 2023 Edison Best New Products Award for AgileHand[39]
  • 2021 International Brilliance Awards[40]
  • Japan BeautyTech Awards 2019[41]
  • 2019 Red Herring Top 100 Winners[42]
  • 2017 Google Play "Editors' Choice" Award[43]
  • 2016 Trendsetter Award at Cosmoprof North America[44]

References

  1. ↑ "Perfect Corp Company Profile". https://finance.yahoo.com/quote/PERF/profile. 
  2. ↑ Debter, Lauren. "You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur" (in en). https://www.forbes.com/sites/laurendebter/2023/01/10/perfect-corp-alice-chang-virtual-try-on-technology-beauty/?sh=1417c75f7eef. 
  3. ↑ "How to participate in AR beauty virtual try-on experiences - Manufacturer Center Help". https://support.google.com/manufacturers/answer/13768482?hl=en. 
  4. ↑ Ng, Cherry (April 11, 2024). "Perfect Corp.: Rising With AI And AR/VR For Beauty And Fashion". https://seekingalpha.com/article/4766121-perfect-corp-rising-with-ai-and-arvr-for-beauty-and-fashion. 
  5. ↑ "NYSE". https://www.nyse.com/quote/XNYS:PERF.WS. 
  6. ↑ "Perfect Corp. Class A (PERF)". https://www.nasdaq.com/market-activity/stocks/perf. 
  7. ↑ yahoo!finance (May 6, 2024). "Perfect Corp. Unveils Unique 'Beautiful AI' Brand Solutions for Beauty, Skincare, and Fashion at Viva Technology 2024" (in en). https://finance.yahoo.com/news/perfect-corp-unveils-unique-beautiful-120000125.html. 
  8. ↑ Forbes (January 11, 2023). "You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur" (in en). https://www.forbes.com/sites/laurendebter/2023/01/10/perfect-corp-alice-chang-virtual-try-on-technology-beauty/?sh=8aafccc7eeff. 
  9. ↑ BBC (June 21, 2021). "Virtual beauty tests used to be gimmicky but now they are useful" (in en). https://www.bbc.com/news/business-57482024. 
  10. ↑ Watson, Rana Wehbe. "Forbes Asia's Power Businesswomen 2023" (in en). https://www.forbes.com/sites/ranawehbe/2023/11/06/asias-power-businesswomen-2023/?sh=13037d094333. 
  11. ↑ Debter, Lauren. "You Can Try Makeup Online Before You Buy It, Thanks To This Woman Entrepreneur" (in en). https://www.forbes.com/sites/laurendebter/2023/01/10/perfect-corp-alice-chang-virtual-try-on-technology-beauty/?sh=8aafccc7eeff. 
  12. ↑ Pastore, Alexandra (2022-11-04). "Perfect Corp. on the Evolution of the Shopping Experience" (in en-US). https://wwd.com/business-news/business-features/perfect-corp-evolution-shopping-experience-1235407240/. 
  13. ↑ Hopkins, Kathryn (31 October 2022). "Beauty Tech Company Perfect Corp. Goes Public". https://wwd.com/beauty-industry-news/beauty-features/beauty-tech-company-perfect-corp-goes-public-spac-ipo-1235405173/. 
  14. ↑ Kite-Powell, Jennifer. "Check Out These New Shoppable AR Lenses From Snapchat And MAC Cosmetics" (in en). https://www.forbes.com/sites/jenniferhicks/2021/05/21/check-out-these-new-shoppable-ar-lenses-from-snapchat-and-mac-cosmetics/?sh=2bfaccecf02d. 
  15. ↑ "Perfect Corp Teams With Google To Help Consumers Virtually Try On Makeup - PYMNTS.com". 1 June 2021. https://www.pymnts.com/news/retail/2021/perfect-corp-teams-with-google-to-help-consumers-virtually-try-on-makeup/. 
  16. ↑ Perez, Sarah (17 December 2020). "Google now lets you virtually try on makeup using AR, shop from influencer videos". https://techcrunch.com/2020/12/17/google-now-lets-you-virtually-try-on-makeup-using-ar-shop-from-influencer-videos/?guccounter=1. 
  17. ↑ Cohen, David (10 December 2020). "Snap Teams Up With Beauty Tech Solutions Provider Perfect Corp.". https://www.adweek.com/media/snap-teams-up-with-beauty-tech-solutions-provider-perfect-corp/. 
  18. ↑ MarketScreener (2025-02-26). "Perfect Corp Anticipates A Year-Over-Year Total Revenue Growth Rate Of 13% To 14.5% For 2025, Compared To 2024 | MarketScreener" (in en-US). https://www.marketscreener.com/quote/stock/PERFECT-CORP-146043603/news/Perfect-Corp-Anticipates-A-Year-Over-Year-Total-Revenue-Growth-Rate-Of-13-To-14-5-For-2025-Compar-49168660/. 
  19. ↑ "Perfect Corp.'s Q4 Revenue Jumps 12.6%, Beating Estimates". March 13, 2024. https://finance.yahoo.com/news/perfect-corps-q4-revenue-jumps-113116735.html. 
  20. ↑ news/author/tipranksnewsdesk. "Perfect Corp. Class A: Positive Growth Amid Challenges - TipRanks.com" (in en). https://www.tipranks.com/news/company-announcements/perfect-corp-class-a-positive-growth-amid-challenges#google_vignette. 
  21. ↑ WW, FashionNetwork com (2024-09-12). "RéVive Skincare partners with Perfect Corp" (in en-WW). https://ww.fashionnetwork.com/news/Revive-skincare-partners-with-perfect-corp,1662911.html. 
  22. ↑ "Perfect Corp Uses AI To Transform In-Store Skincare in the City of Love with Holidermie" (in en-US). 2024-11-27. https://www.happi.com/breaking-news/perfect-corp-uses-ai-to-transform-in-store-skincare-in-the-city-of-love-with-holidermie-partnership/. 
  23. ↑ Staff, My Startup World (2024-12-31). "Perfect Corp launches AI APIs to easily integrate AI beauty technology into products and applications" (in en-US). https://mystartupworld.com/perfect-corp-launches-ai-apis-to-easily-integrate-ai-beauty-technology-into-products-and-applications/. 
  24. ↑ "With the acquisition of Wannaby, Perfect Corp strengthens its position in fashion and accessories" (in en-US). 2025-04-11. https://luxus-plus.com/en/with-the-acquisition-of-wannaby-perfect-corp-strengthens-its-position-in-fashion-and-accessories/. 
  25. ↑ "Perfect Corp acquires startup to expand AI/AR fashion applications" (in en). 2025-01-02. https://www.digitimes.com/news/a20241226PD226/ai-ar-technology-startup-acquisition.html. 
  26. ↑ WW, FashionNetwork com (2024-12-30). "Perfect Corp acquires Farfetch's Wannaby" (in en-WW). https://ww.fashionnetwork.com/news/Perfect-corp-acquires-farfetch-s-wannaby,1688823.html. 
  27. ↑ PYMNTS (2024-12-25). "Perfect Corp. to Expand Virtual Try-On Applications With Wannaby Acquisition" (in en-US). https://www.pymnts.com/acquisitions/2024/perfect-corp-to-expand-virtual-try-on-applications-with-wannaby-acquisition/. 
  28. ↑ Staff, American Salon (2025-02-04). "Beauty AI Developer Perfect Corp. Releases Frizzy Hair Analyzer | American Salon" (in en). https://www.americansalon.com/salon-news/beauty-ai-developer-perfect-corp-releases-frizzy-hair-analyzer. 
  29. ↑ "Perfect Corp Ramps Up In-Store AI Experience in Amazon’s Debut Parapharmacy in Milan" (in en-US). 2025-02-13. https://www.happi.com/breaking-news/perfect-corp-partners-with-inovshop-to-ramp-up-in-store-ai-experience-in-amazons-debut-parapharmacy-in-milan/. 
  30. ↑ "Delarom continues its repositioning with Perfect Corp's AI Skincare Pro" (in en). https://www.premiumbeautynews.com/en/delarom-continues-its,25074. 
  31. ↑ StockTitan (2025-02-13). "Revolutionary AI Skin Analysis Debuts at Amazon Milan: Perfect Corp. Transforms Retail Beauty Experience" (in en). https://www.stocktitan.net/news/PERF/perfect-corp-and-inovshop-ramp-up-in-store-ai-experience-in-amazon-s-gnq3au3vmjej.html. 
  32. ↑ StockTitan (2025-02-25). "How Perfect Corp's AI Is Revolutionizing Skincare Analysis at Luxury Medspas" (in en). https://www.stocktitan.net/news/PERF/personalized-skincare-perfected-skinworx-adopts-perfect-corp-s-bjjvuqlatrwy.html. 
  33. ↑ "Beauty AR Company and Makeup AR Technology Platform". https://www.perfectcorp.com/business/news/renewmd-skincare-pro. 
  34. ↑ "Personalized Skincare Perfected: SKINWORx Adopts Perfect Corp.'s Skincare Pro AI". March 27, 2024. https://www.nasdaq.com/press-release/personalized-skincare-perfected-skinworx-adopts-perfect-corps-skincare-pro-ai. 
  35. ↑ Gagne, Yasmin (2025-03-18). "The most innovative companies in retail for 2025" (in en-US). Fast Company. https://www.fastcompany.com/91269908/retail-most-innovative-companies-2025. 
  36. ↑ StockTitan (2024-01-30). "Perfect Corp. Wins Two Innocos Biohackers’ Beauty Awards for Best Skincare Diagnostic and Best Haircare Diagnostic with its Beautiful AI Solutions" (in en). https://www.stocktitan.net/news/PERF/perfect-corp-wins-two-innocos-biohackers-beauty-awards-for-best-2fsipz607e6d.html. 
  37. ↑ "Perfect Corp's 'AI Selfie' Wins Innovation Award" (in en-US). 2024-01-11. https://www.beautypackaging.com/breaking-news/perfect-corps-ai-selfie-wins-innovation-award/. 
  38. ↑ "Perfect Corp (PERF) Stock Price & News" (in en). https://winners.webbyawards.com/2023/metaverse-immersive-virtual/general-virtual-experiences/arts-fashion-retail-culture/237832/perfect-corp-agilehandtm-solutions. 
  39. ↑ "2023 Winners". https://edisonawards.com/2023-winners/. 
  40. ↑ "2021 Brilliance Awards - Winners Announced". 10 December 2021. https://www.boc-uk.com/2021/12/2021-brilliance-awards-winners-announced/. 
  41. ↑ "Japan BeautyTech Awards 2019" (in ja). https://beautytechawards.com. 
  42. ↑ "2019 Red Herring Top 100 Asia Winners". https://www.redherring.com/2019-red-herring-top-100-asia-winners/. 
  43. ↑ "YouCam Makeup named Google Play "Editors' Choice"" (in en-IN). https://in.fashionnetwork.com/news/youcam-makeup-named-google-play-editors-choice-,948460.html. 
  44. ↑ Brookman, Faye (1 August 2016). "Cosmoprof Raises Roof on Attendance and Innovation". https://wwd.com/feature/cosmoprof-raises-roof-10499256/. 



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