Series B Round

Recraft's image model Recraft V3 beat OpenAI's DALL-E and Midjourney on the Artificial Analysis benchmark last year. The platform enables designers to create and perfect their visuals, offering a premium image generation and editing tool that allows users to store and share their own styles, create, fine-tune, upscale, and perfect their visuals. This funding will be used to enhance the platform's capabilities, expand its user base, and further develop innovative features that cater to the needs of designers and creative professionals. The investment will also support marketing efforts to increase brand awareness and user engagement. With this round, Recraft aims to solidify its position as a leader in the generative AI design space and drive further innovation in creative tools.