Recraft
Image Generation and Editing tool
TL;DR
Product: Generative-AI design platform for image generation and editing, with production-ready SVG/vector outputs and tools like vectorize, upscale, mockups, and background removal.
Proprietary model: Builds its own text-to-image models (Recraft V3, codenamed red_panda) optimized for text accuracy and brand-consistent styling.
Funding: Disclosed $12M Series A (2024) + $30M Series B (May 5, 2025) — $42M disclosed total.
Founder & CEO: Anna Veronika Dorogush — founded Recraft in 2022 after ML roles at Yandex (and prior stints at Google and Microsoft).
Scale (company-reported): 3M+ users across 200 countries and 350M+ images generated (company-reported figures).
Company Overview
Problem Domain
Generative AI for graphic design and brand-consistent asset creation (vector art, icons, illustrations, 3D graphics).
Founded
2022
Industry
Generative AI / Design tools
Tech Stack
Funding Track Record
12000000.00
Series A participants reported to include Nat Friedman, RTP Global, Abstract VC, Basis Set Ventures, and Elad Gil.
30000000.00
Series B participation reported to include Khosla Ventures, Madrona, RTP Global, and angel investors such as Nat Friedman and Elad Gil.
Investor Signal
“Backed by established venture investors (lead investors include Khosla Ventures and Accel) with participation from firms and angels such as Madrona, RTP Global, Nat Friedman, and Elad Gil.”