Midjourney, a privately owned company headquartered in the United States, was founded in 2021 and employs approximately 90 individuals. The company's main product is generative AI. It functions as an independent research lab focused on the exploration of new mediums of thought and the expansion of imaginative capabilities within the realm of AI.

2024 Revenue

Founded

2021

Headcount

173

Headquarters

United States

Primary Segment

Generative AI

Ownership

Privately Owned

News Summary:

On September 10, 2026, a search for AI image generators without restrictions was noted, after a client reportedly required the removal of a finished campaign due to issues with generated pictures. Also on September 10, Midjourney was identified as one of 16 platforms, alongside Civitai, PixAI, Leonardo AI, Instagram, Threads, and TikTok, available for sharing AI art. Previously, on September 8, the necessity of using structured, "model-aware" prompts to achieve high-quality AI images, capable of producing magazine-ready shots with legible text and accurate hands, was emphasized. This followed a discussion on September 7, characterizing artificial intelligence as both a "lawful and necessary tool" and an "unregulated IP rights infringer," highlighting its rapid transition from a novelty to a necessity for tasks such as drafting text, designing products, and composing music. Earlier, on September 5, Midjourney released its V8.2 Edit Model, which introduced instruction-based editing, multiple image references, inpainting, outpainting, Moodboards, and Style References, thereby expanding its capabilities beyond initial image generation to offer creators more post-creation control. The company also facilitated payments for its services using cryptocurrency via a Uquid virtual card.

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Midjourney offers products in the enterprise tech industry. Midjourney's product portfolio comprises of generative AI.
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Midjourney's revenues were less than $50M in 2024. Caretta Research has split Midjourney's revenue into 2 different product categories, the largest of which is aI content generation. For full access to Midjourney's revenue breakdown subscribe to Caretta Portal.
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