Recraft

About Recraft

Financials

Dated, source-cited figures. Estimates are marked.

Products by Recraft

All products by Recraft reviewed by our AI panel of experts.

RecraftAI Design Tools

AI-powered design tool for creating vector graphics, illustrations, and brand assets

From $10/mo8.0/10

How Our Review Panel Scores Recraft

Six independent reviewer personalities assessed Recraft's product on their own terms. They landed within 0.7 points of each other, an unusually strong consensus.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Recraft competes with, and how they differ.

Midjourney5.9/10

Consumer-first, prompt-based image generation with a large hobbyist/artist community via Discord and web; lacks Recraft's brand-style locking, native vector/SVG output, and enterprise API for design teams.

1 product reviewed on TopReviewed

Adobe (Firefly)7.9/10

Generative AI bundled into Adobe Creative Cloud (Photoshop, Illustrator) with commercial-safe training data and enterprise licensing, versus Recraft's standalone platform built model-first around vector generation and brand controls.

3 products reviewed on TopReviewed

Ideogram7.9/10

Specializes in AI image generation with strong in-image typography and text rendering, a similar strength to Recraft, but ships without Recraft's native SVG/vector output or brand-consistency tooling for design teams.

1 product reviewed on TopReviewed

Black Forest Labs (FLUX)8.0/10

Open-weight foundation image model (FLUX 1.1 Pro) that Recraft's V3 ("Red Panda") overtook on the Artificial Analysis leaderboard in October 2024; sold as an API/licensable model rather than a full design platform with editing and mockup tools.

1 product reviewed on TopReviewed

Canva7.7/10

All-in-one template-driven design platform (plus its owned Leonardo.ai image generator) monetizing broad subscription tiers for non-designers, versus Recraft's from-scratch foundation model targeting professional, brand-controlled workflows.

2 products reviewed on TopReviewed

Stability AI (Stable Diffusion)7.7/10

Open-source foundation model licensed for self-hosting and third-party integration; Recraft trained its own model from scratch instead of building on Stable Diffusion, targeting brand-consistent professional design over general-purpose generation.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Recraft's history, with sources.

1. Feb 17, 2026Launch

   Recraft V4 released — ground-up rebuild for design taste

   Recraft shipped V4, its fourth-generation image model family (Standard, Pro, Vector, Vector Pro) tuned for composition, color and material realism, with native editable SVG output across the line.

   recraft.ai
2. May 5, 2025Funding

   Series B — $30M led by Accel

   Recraft raised a $30M Series B led by Accel, with Khosla Ventures and Madrona participating, reporting more than 4 million users and having recently passed $5M in ARR.

   techcrunch.com
3. Oct 28, 2024Launch

   Recraft V3 ("Red Panda") tops Artificial Analysis leaderboard

   Recraft's 20B-parameter V3 model, benchmarked anonymously as "red_panda," topped the Artificial Analysis text-to-image leaderboard roughly 40 Elo points ahead of Black Forest Labs' Flux 1.1 Pro before being revealed as Recraft's.

   techcrunch.com
4. Mar 13, 2024Launch

   Recraft V2 — first foundation model trained from scratch

   Recraft released V2, a 20-billion-parameter model trained from scratch rather than fine-tuned on open-source weights, positioned as the first AI model built specifically for professional designers.

   recraft.ai
5. Jan 17, 2024Funding

   Series A — $12M led by Khosla Ventures

   Recraft raised a $12M Series A led by Khosla Ventures and former GitHub CEO Nat Friedman, with RTP Global, Abstract VC and Basis Set Ventures participating, after reaching over 300,000 users in its first eight months.

   techcrunch.com
6. May 31, 2023Launch

   Public launch on Product Hunt — AI vector graphics generation

   Recraft emerged from stealth with a public release on Product Hunt, launching an AI artboard for generating and editing vector art, icons, 3D images and illustrations, free for commercial use.

   producthunt.com
7. 2022Founded

   Recraft founded by Anna Veronika Dorogush

   Recraft, Inc. was founded in London in 2022 by machine learning scientist Anna Veronika Dorogush, co-creator of the CatBoost library and former head of ML systems at Yandex.

   techcrunch.com