"So I started exploring different ideas. One day, I took a trademark class and learned that counterfeiting is the world's largest criminal enterprise, $3 trillion in counterfeit products traded every year, about 8% of global commerce. What struck me was that during COVID, as everything was moving online, this already massive market was growing 20% a year, fueled by marketplaces and social media,"
"The name itself reflects its origins: "Marq" from trademark, and "Vision" from computer vision. The mission was straightforward but ambitious: harness AI-powered computer vision to fight counterfeiting and trademark infringement on a global scale. Fast forward to 2025 and the LA-headquartered AI startup has closed a $48 million Series B round, bringing its total capital raised to about $90 million. Roughly half of the fresh capital will go toward expanding its AI and engineering teams to accelerate automation and integrate generative AI across its product suite."
Mark Lee encountered the scale of counterfeiting while a Harvard law student, learning it represented roughly $3 trillion annually and about 8% of global commerce. The counterfeiting market grew about 20% a year during COVID as commerce moved online, driven by marketplaces and social media. Lee combined his interest in computer vision with that insight and co-founded MarqVision in 2021 to combat counterfeiting and trademark infringement globally. MarqVision is LA-headquartered and in 2025 closed a $48 million Series B, bringing total capital raised to about $90 million. Roughly half of the new capital will expand AI and engineering teams; another $10 million is earmarked.
Read at TechCrunch
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