Krea discloses $83M raised, 20 million users
AI creative-tools startup Krea has disclosed its funding and growth figures for the first time: $83 million raised and more than 20 million users, built by a team of eight.
Krea, the San Francisco startup that builds AI tools for creatives, has disclosed its funding and usage figures for the first time. It said it has raised $83 million to date and grown to more than 20 million users without paid acquisition.
In a post on its new blog, the company said that over the past 14 months it shipped more than 50 major product updates and grew revenue 20-fold. It did all of this with a team of eight working out of a living room. The post does not give absolute revenue figures, and it does not say how big the latest round was or when it closed.
Krea named its investors by round:
- Series B: Bain Capital Ventures
- Series A: Andreessen Horowitz
- Seed: Pebblebed, the fund run by Meta AI cofounder Keith Adams and OpenAI founding member Pamela Vagata, and Abstract Ventures
- Earlier backers: HF0, A*, and Google's Gradient Ventures
The announcement comes alongside a product redesign that connects Krea's tools for images, video, sound and 3D. The company is also launching the Krea AI Research Lab, which will focus on aesthetics, controllability and "hyper-personalization." Over the coming months, Krea plans to release a new generation of aesthetic models. It said these will have control modules that go beyond text prompts and will learn individual users' taste over time.
Krea's longer-term goal is multimodal systems that generate immersive environments in real time, which it compared to building video game worlds. Headcount has grown to 17, including the main author of the Lumina multimodal model and the creator of Anifusion. The company says it is hiring and moving to a larger office.