+73%

est. 2Y upside i

AI & MLSeries B

Recraft is the AI image generation and editing tool for brand-consistent, high-quality visuals. Powered by Recraft V3, it gives full control over style and layout. Trusted by 5M+ creatives and teams at Amazon, NVIDIA, and Salesforce.

Rank

#872

Sector

Generative AI / Graphic Design Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Recraft offers moderate expected upside (~73%) but high risk from incumbents and dilution.

Last updated: July 3, 2026

Bull (20%)+154%

Multiple expands to 10x on strong AI momentum and potential IPO window; projected revenue $32.9M in 2 years supports $329M exit, net of 20% dilution gives 154% upside.

Base (35%)+100%

Multiple converges to 8x within comp range; exit $263M, net of dilution 100% upside.

Bear (45%)+17%

Multiple compresses to 5x due to intense competition from Adobe and Canva; exit $165M barely above preference stack, giving limited upside.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Funding Intensity

35%

Total funding $42M vs estimated valuation $120M gives 35% preference overhang, meaning common stock is junior to a large block.

Dilution Risk

high

Projected need for additional capital within 2 years given high burn rate in AI.

Secondary Liquidity

none

No secondary market activity observed.

Engineering — 4 roles

View all 4 open roles at Recraft →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Recraft's data — designed to show you've done your homework.

  • 1

    “How does Recraft plan to differentiate from Adobe Firefly as it integrates into Creative Cloud?”

  • 2

    “What is the unit economics and customer acquisition cost compared to Canva?”

  • 3

    “What is the expected timeline to liquidity and what signals would suggest an IPO?”

Community

Valuation Sentiment

Our model estimates +73% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.