How much funding has Stability AI raised?

Stability AI has raised $231M total ($80M in June 2024, plus WPP strategic investment in March 2025) in total funding. Their latest funding round was Private Investment Round (June 2024). Key investors include Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, Sean Parker, Eric Schmidt, WPP.

Where is Stability AI headquartered?

Stability AI is headquartered in London, UK. The company has a team of Approximately 170-180 people.

When was Stability AI founded?

Stability AI was founded in 2019. It is based in London, UK.

How much funding has Stability AI raised?

Stability AI has raised $231M total ($80M in June 2024, plus WPP strategic investment in March 2025) in total funding. Key investors include Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, Sean Parker, Eric Schmidt, WPP.

Who is the CEO of Stability AI?

Prem Akkaraju is the CEO of Stability AI. The company was founded in 2019.

Where is Stability AI located?

Stability AI is headquartered in London, UK.

What funding stage is Stability AI at?

Stability AI is currently at the Growth stage.

How many employees does Stability AI have?

Stability AI has approximately Approximately 170-180 employees.

Stability AI

Category: Foundation Models / LLMs

An open-source generative AI company that develops foundation models for image, language, audio, and video generation. Stability AI was founded in 2019. The company is led by Prem Akkaraju. Based in London, UK. Team size: Approximately 170-180. Total funding raised: $231M total ($80M in June 2024, plus WPP strategic investment in March 2025). Latest round: Private Investment Round (June 2024). Key investors include Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, Sean Parker, Eric Schmidt, WPP.

Founded: 2019
Headquarters: London, UK
Team size: Approximately 170-180
Total funding: $231M total ($80M in June 2024, plus WPP strategic investment in March 2025)

Value proposition

Democratizing access to powerful generative AI models through an open-source, community-driven approach.

Products and solutions

Stable Diffusion (including SDXL and SD3), Stable LM (Language Models), Stable Audio, Stable Video Diffusion, StableCode, DreamStudio (API and web application)

Unique value

Pioneered the release of high-quality, open-source generative models, particularly in image diffusion, fostering a large community of developers and enabling widespread customization.

Target customer

Developers, enterprises, creative professionals, and researchers.

Industries served

Media & Entertainment, Advertising & Design, Gaming, Software Development, Research & Education

Technology advantage

Its open-source core allows for rapid adoption, transparency, and innovation from a global community, contrasting with the closed, proprietary models of competitors.

How they differentiate

Differentiates by offering open-source, transparent, and customizable models, whereas competitors like OpenAI and Midjourney provide closed, proprietary systems. Adobe competes by deeply integrating its models into its existing creative software suite.

Main competitors

OpenAI, Midjourney, Adobe (Firefly), Google, Anthropic

Key partnerships

AWS (integration on Amazon Bedrock), Hugging Face (model distribution), Intel, HubSpot, Jasper, WPP (strategic partnership and investment), Electronic Arts (game developer tools), UMG/Universal Music Group (music creation tools)

Notable customers

HubSpot, Tome, Jasper, Supermicro, Fotor

Major milestones

August 2022: Release of Stable Diffusion, driving mainstream adoption., October 2022: Raised $101M in a seed round at a $1B valuation., March 2024: Founder Emad Mostaque resigns as CEO., June 2024: Appointed Prem Akkaraju as new CEO and secured a new round of investment from a consortium including Sean Parker., September 2024: Filmmaker James Cameron joins the Board of Directors., March 2025: Strategic partnership and investment from WPP., April 2025: Launched Brand Studio, creative production platform., May 2025: Released Stable Audio 3.0.

Growth metrics

Hundreds of millions of model downloads worldwide; over 150,000 developers building on its platform.

Market positioning

Positions itself as the leading open-source alternative to 'Big Tech' in the generative AI space, appealing to users who prioritize control, transparency, and customizability.

Geographic focus

Global, with strong developer communities in North America and Europe, and growing adoption in Asia-Pacific.

Patents and IP

No major patents reported; the company's strategy is centered on open-sourcing its core models under permissive licenses.

About Prem Akkaraju

Prem Akkaraju has a background in technology and entertainment, having served as CEO of Weta Digital and co-founder of SR Labs. His experience spans over two decades in executive leadership roles.

Latest news about Stability AI

Stability AI launches Stability Audio 3.0 with six-minute songs, open-weight small models

More Foundation Models / LLMs companies

Official website: https://stability.ai