Luma AI
AI Video & 3D Generation
Valuation
Undisclosed (Series B, 2024)
Total Funding
$43M+
Profit Status
Pre-profit; consumer + API revenue
Employees
~100
About Luma AI
Luma AI is a multimodal AI company best known for Dream Machine, a state-of-the-art text-to-video and image-to-video model, and NeRF-based 3D capture technology. Dream Machine (June 2024) generates high-quality, cinematic videos from text or images in seconds and rapidly became one of the top consumer video AI tools. Luma also develops AI for 3D scene reconstruction (Luma NeRF) used in film, AR/VR, and e-commerce.
Company History
Founded 2021 at Stanford, Luma AI initially focused on 3D scene reconstruction using Neural Radiance Fields (NeRF) — their iOS app let anyone capture photorealistic 3D scans of objects and spaces for use in Blender, Unreal Engine, and e-commerce. In mid-2024 they pivoted to video generation with Dream Machine, which launched to massive public demand in June 2024, generating millions of videos in the first week. Dream Machine 1.5 (2025) and Photon (image generation) expanded their offerings. The Luma API is widely used for integrating video generation into third-party apps and platforms.
Company Timeline
2021
Founded at Stanford, focusing on NeRF-based 3D capture
2022
Luma iOS app goes viral — photorealistic 3D scanning for anyone
Jun 2024
Dream Machine launched — high-quality text/image-to-video; millions of videos generated in week 1
2024
Series B funding; Dream Machine API launched for developers
2025
Dream Machine 1.6 with improved motion; Luma Photon image generator launched
Products & Services
Company Details
Focus Area
AI Video & 3D Generation
Stage
Founded
2021
Headquarters
San Francisco, CA
Employees
~100 (2024)
Financial Overview
Total Funding
$43M+
Valuation
Undisclosed (Series B, 2024)
Profit Status
Pre-profit; consumer + API revenue
Key Investors
Key People
- Amit Jain (CEO / Co-founder)
- Jiaming Song (Co-founder)
- Manas Sahni (Co-founder)