QuantLogix Private Company Profile

← Back to list

Midjourney

Bootstrapped AI image generation lab with no outside investors, delivered via web and Discord.
AI 📍 San Francisco, CA Founded 2021
Current Valuation
$10B
as of 2024
DECACORN
Midjourney is a bootstrapped AI image generation lab founded by David Holz (former Leap Motion co-founder), notable for taking zero outside investment while scaling to ~$500M ARR by 2025 (up from ~$300M in 2024). Originally Discord-native, it operates with a famously small team of ~50 and is estimated by CB Insights at ~$10B if it were to raise.

Company Profile

CEO
David Holz
Founded
2021
HQ
San Francisco, CA
Employees
~50
Est. Revenue
$500M (2025)
Growth
~67% YoY
IPO Status
private

Founders & Key People

David Holz

Products

  • Midjourney (web + Discord image generation)
  • Midjourney v7 model
  • Niji (anime model)
  • Video generation (research preview)

Competitors

OpenAI (DALL-E) · Stability AI · Black Forest Labs (Flux) · Ideogram · Adobe Firefly
aiimage generationgenerative aibootstrappeddiscord-native
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024. Refreshed quarterly.