About Ideogram
Ideogram is a company based in Toronto (Canada) founded in 2022 by Chitwan Saharia, Jonathan Ho, Mohammad Norouzi, and William Chan.. Ideogram has raised $96.5 million across 2 funding rounds from investors including Pear VC, Andreessen Horowitz and Index Ventures. Ideogram operates in a competitive market with competitors including Stability AI, Bria, BeFake, Black Forest Labs and Civitai, among others.
- Headquarter Toronto, Canada
- Founders Chitwan Saharia, Jonathan Ho, Mohammad Norouzi, William Chan
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Sectors
Media & EntertainmentTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ideogram Ai Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$96.5 M (USD)
in 2 rounds
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Latest Funding Round
$80 M (USD), Series A
Feb 28, 2024
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Investors
Pear VC
& 10 more
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Employee Count
Employee Count
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Funding Insights of Ideogram
Ideogram has successfully raised a total of $96.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $80 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $80.0M
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First Round
First Round
(31 Aug 2023)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - Ideogram | Valuation | a16z | |
| Aug, 2023 | Amount | Seed - Ideogram | Valuation | a16z , Index Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ideogram
Ideogram has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Pear VC, Andreessen Horowitz and Index Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ideogram
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ideogram
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ideogram Comparisons
Competitors of Ideogram
Ideogram operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stability AI, Bria, BeFake, Black Forest Labs and Civitai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of generative AI models for image, video, audio, and 3D
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| domain | founded_year | HQ Location |
AI-based solutions are provided for creating customized visual content.
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| domain | founded_year | HQ Location |
Pictures are transformed into AI-generated art via an online platform.
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| domain | founded_year | HQ Location |
Black Forest Labs is recognized as a leading frontier AI research lab focused on visual infrastructure.
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| domain | founded_year | HQ Location |
AI art models are generated via Stable Diffusion prompts.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ideogram
Frequently Asked Questions about Ideogram
When was Ideogram founded?
Ideogram was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Ideogram located?
Ideogram is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Ideogram?
Mohammad Norouzi is the current CEO of Ideogram. They have also founded this company.
Is Ideogram a funded company?
Ideogram is a funded company, having raised a total of $96.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $16.5M, raised on Aug 31, 2023.
What does Ideogram do?
Ideogram was founded in 2022 in Toronto, Canada, as a platform in the generative AI sector. Tools are provided for creating photorealistic images and artworks through diffusion models that convert textual descriptions into visual outputs. Operations focus on AI-driven media generation, serving users seeking customizable image creation. The company is led by co-founders including Mohammad Norouzi as CEO and William Chan as CTO.
Who are the top competitors of Ideogram?
Ideogram's top competitors include Stability AI, Bria and Black Forest Labs.
Who are Ideogram's investors?
Ideogram has 11 investors. Key investors include Pear VC, Andreessen Horowitz, Index Ventures, Redpoint Ventures, and SV Angel.
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