Midjourney

ApplicationTier 3Pure AI

AI image generation platform. Completely bootstrapped and profitable since month 2. No external funding.

USSan Francisco, CA, USAFounded 2021

Valuation

$10.0B

Total Raised

TBD

Revenue (ARR)

$500M

P/S Ratio

20.0x

Employees

150

Key products

Midjourney image generationMidjourney web app

Midjourney v6.1

$500M revenue in 2025, up from $300M in 2024. Profitable since month 2. CAGR 34.1%.

1.1%

↓ 30bps

GMI60/100Rising

Sentiment58% Bullish

Active narratives

image-gencreativeconsumer

Attention premium4.40x(overexposed)