Marq Vision Raises $48M Series B to Combat Online Counterfeits

Forbes reports that Marq Vision, an AI-powered startup dedicated to combating online counterfeits and intellectual property theft, has successfully closed a $48 million Series B funding round. Peak XV Partners led the investment, with notable participation from HongShan Capital Group, Salesforce Ventures, Y Combinator, Altos Ventures, Atinum Investment, and Coral Capital. This latest funding brings Marq Vision's total capital raised to $90 million. Founded in 2020, Marq Vision employs AI to identify counterfeit products within online listings. The company has since broadened its offerings to address a wider range of intellectual property infringements, such as impersonated accounts, unauthorized sales, and pirated content across e-commerce and social media platforms. Furthermore, Marq Vision provides legal services for counterfeit operations in China and the U.S. and assists with trademark registrations. The company's AI platform has been adopted by approximately 350 businesses worldwide, including prominent clients like Lush and F&F. With established offices in Los Angeles, South Korea, Japan, China, and France, Marq Vision intends to leverage this new funding to further expand its operations into Japan. The company also plans to enhance its return on investment (ROI) tracking capabilities through integration with Salesforce data. CEO Mark Lee emphasized the growing importance of AI-driven brand control for achieving sustainable growth in today's market environment.