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Midjourney

Private
Featured

AI Image Synthesis

Founded 2021San Francisco, CA~50 employees
Website

Valuation

Not disclosed (reportedly ~$10B)

Total Funding

Self-funded / bootstrapped

Revenue

~$200M ARR (2023 estimate)

Profit Status

Profitable - rare in AI

Employees

~50

About Midjourney

Midjourney is an independent research lab that produces an AI image synthesis service with a distinctive, highly aesthetic output style. Operated primarily through Discord, it has become the most widely recognized AI art generation tool among creatives.

Company History

Founded in 2021 by David Holz, co-founder of Leap Motion. Launched in open beta in July 2022, rapidly becoming the most recognized AI art tool. Notably profitable and bootstrapped. Released v6 in December 2023 with photorealism capabilities.

AI Models & Benchmarks

Midjourney v6.1
Image Gen

Most coherent and detailed images; much improved text in image rendering.

Jul 2024
Midjourney v6
Image Gen

Near-photorealistic quality with excellent prompt adherence.

Dec 2023
Niji v6
Image Gen

Anime and illustrated style specialist model.

Jan 2024

Products & Services

Midjourney v6Midjourney v5Midjourney WebNiji Journey

Company Details

Focus Area

AI Image Synthesis

Stage

Private

Founded

2021

Headquarters

San Francisco, CA

Employees

~50

Financial Overview

Total Funding

Self-funded / bootstrapped

Valuation

Not disclosed (reportedly ~$10B)

Revenue

~$200M ARR (2023 estimate)

Profit Status

Profitable - rare in AI

Key Investors

None - fully bootstrapped

Key People

  • David Holz (CEO/Founder)

Competitive Landscape

DALL-E 3Stable DiffusionAdobe FireflyIdeogram

Tags

Image
Creative
Art
Consumer