About Recraft
Recraft is a company based in San Francisco (United States) founded in 2022 by Anna Veronika Dorogush.. Recraft has raised $42 million across 2 funding rounds from investors including Accel, Khosla Ventures and RTP Global. Recraft offers products and services including AI Image Generator, AI Image Vectorizer, Mockup Generator, Image Upscaler, and Background Remover. Recraft operates in a competitive market with competitors including Runware, Leonardo Ai, LiblibAI, OJI and RenderNet AI, among others.
- Headquarter San Francisco, United States
- Founders Anna Veronika Dorogush
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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 Recraft 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
$42 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
May 05, 2025
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Investors
Accel
& 10 more
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Employee Count
Employee Count
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Products & Services of Recraft
Recraft offers a comprehensive portfolio of products and services, including AI Image Generator, AI Image Vectorizer, Mockup Generator, Image Upscaler, and Background Remover. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for generating images from text prompts for design use.
Converts images to vectors for scalable editing.
Creates mockups of designs on various surfaces.
Enhances image resolution for better quality output.
Removes backgrounds from images automatically.
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Funding Insights of Recraft
Recraft has successfully raised a total of $42M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 2025. 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 B — $30.0M
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First Round
First Round
(18 Jan 2024)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Recraft | Valuation | Accel | |
| Jan, 2024 | Amount | Series A - Recraft | Valuation | Khosla Ventures , Nat Friedman |
| 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 Recraft
Recraft has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Khosla Ventures and RTP Global. 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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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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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 Recraft
| 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 - Recraft
| 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 |
Recraft Comparisons
Competitors of Recraft
Recraft 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 Runware, Leonardo Ai, LiblibAI, OJI and RenderNet AI, 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 |
Online platform offering AI-based art generator for consumers
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| domain | founded_year | HQ Location |
AI assets are generated using models on an online platform.
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| domain | founded_year | HQ Location |
Platform for AI drawing and model sharing
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| domain | founded_year | HQ Location |
An AI-based app that enables users to create avatars and artwork easily.
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| domain | founded_year | HQ Location |
AI-driven images are generated for marketing and e-commerce uses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Recraft
Frequently Asked Questions about Recraft
When was Recraft founded?
Recraft was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Recraft located?
Recraft is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Recraft?
Anna Veronika Dorogush is the current CEO of Recraft. They have also founded this company.
Is Recraft a funded company?
Recraft is a funded company, having raised a total of $42M across 2 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Jan 18, 2024.
What does Recraft do?
Recraft was founded in 2022 in San Francisco, United States, within the AI technology sector. The platform provides design tools that enable generation and editing of vector art, icons, 3D images, and illustrations. Various styles for websites, print, and marketing are supported. AI is utilized with style images, color palettes, and presets to create customized outputs.
Who are the top competitors of Recraft?
Recraft's top competitors include Leonardo Ai, Runware and LiblibAI.
What products or services does Recraft offer?
Recraft offers AI Image Generator, AI Image Vectorizer, Mockup Generator, Image Upscaler, and Background Remover.
Who are Recraft's investors?
Recraft has 11 investors. Key investors include Accel, Khosla Ventures, RTP Global, Madrona, and Nat Friedman.