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Midjourney is an AI image generation platform founded by David Holz, former CTO and co-founder of Leap Motion (now Ultraleap). The company is based in San Francisco, California and operates as a self-funded independent research lab with no external investors. Midjourney generates images from text prompts through its Discord bot and web application, serving a community of over 21 million Discord members. The company reached approximately $500 million in annualised revenue by with fewer than 200 employees, making it one of the most capital-efficient AI companies in the world. Midjourney has been profitable since six months after launch. Current models include Midjourney V7 for image generation with V6.1 as the default production model.
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