When Mark Lee was a Harvard law student, a trademark class opened his eyes to the global counterfeiting industry, valued at more than $3 trillion annually. That moment sparked an unexpected journey into entrepreneurship and led to the creation of MarqVision in 2021, an AI-powered startup tackling intellectual property infringement on a worldwide scale.
Fast forward to 2025, Los Angeles-based MarqVision has secured a $48 million Series B funding round, pushing its total capital raised to about $90 million. The funding will fuel AI and engineering expansion, enterprise readiness, and regional growth, with Japan as its next key market. The company already operates across the U.S., Korea, China, and Europe.
The round was led by Peak XV Partners, with participation from Salesforce Ventures, HSG, Coral Capital, and Y Combinator’s Michael Seibel. Returning backers like YC, Altos Ventures, and Atinum Investment also joined.
MarqVision uses AI and computer vision to identify and remove counterfeit goods while enabling brands to recover lost revenue. Clients across fashion, gaming, pharmaceuticals, entertainment, automotive, and consumer electronics report up to a 5% sales boost after adopting the platform.
The company has grown rapidly, reaching $1 million in annual recurring revenue within eight months, $10 million in three years, and $20 million in four years. Its goal is to hit $100 million ARR by mid-2027.
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Lee emphasized that MarqVision’s mission goes beyond brand protection to full brand control, giving companies the ability to manage their presence across e-commerce, social media, and digital platforms. Looking ahead, the startup plans to expand into brand intelligence, helping businesses track supply chains, pricing strategies, and reseller networks.
“Our vision is to become the AI-led services backbone for every global brand that owns intellectual property,” Lee said.
