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Recraft's AI graphic design tool secures $12M in Series A funding

Recraft's AI graphic design tool secures $12M in Series A funding

01/22/24, 10:02 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$12 million
Industry
artificial intelligence
Investors
Akshay Kothari, Dharmesh Shah, Zhenya Loginov, Elad Gil, Basis Set, Abstract Vc, Rtp Global, Nat Friedman, Khosla Ventures
Recraft announced a $12 million Series A funding round led by Khosla Ventures and former GitHub CEO Nat Friedman, with participation from RTP Global, Abstract VC, and Basis Set, as well as angel investors including Elad Gil, Zhenya Loginov, Dharmesh Shah, and Akshay Kothari.

Company Info

Company
Recraft
Location
san francisco, california, united states
Additional Info
Recraft is the first generative AI design tool that lets users create and edit vector art, icons, 3D images and illustrations in a uniform brand style. Intuitive tools allow designers to harmonize elements like color palette, icon geometry and line style across groups of visual assets for cohesive brand consistency. Unlike most generative AI design tools, Recraft develops both raster images and vector images, which are infinitely more scalable. Users are equipped to tackle any kind of professional design task, by simply entering a text prompt or visual input and playing with design tools in Recrafts infinite canvas workspace. With over 300K users less than a year since its launch, Recraft is fast becoming the go-to platform for designers who need a quick, easy and fun way to create and edit visuals that are on-brand. It’s most recent round of 12M in funding will help Recraft continue to develop functionality that no other platform offers.

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