Amount Raised: $7M
Lead Investor: NEA
Other Participants: General Catalyst
Company's Purpose for Funding: Modyfi aims to drive early user adoption and focus on the continuous development of its product.
Location: Los Angeles, CA
Leadership: Joe Burfitt (CEO)
Product/Service: Modyfi presents an AI-native, web-based design and image editor. This platform blends essential design and image creation tools with the prowess of AI-driven creative technology. The platform is geared towards professional graphic designers, ensuring they retain control but also find space for creative experimentation.
In the recent past, Modyfi has consistently rolled out new features on a weekly basis, such as proprietary in-painting, generative-fill, SDXL, and integration with Meta’s SAM for layer segmentation. These enhancements complement the platform's existing capabilities, including background removal, smart delete, and its primary feature, image guided generation.
Renowned companies like Nvidia, Stripe, Calm, Red Antler, Route, and Spotify rely on Modyfi, leveraging its generative AI to enhance and streamline their design collaboration processes.