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OpenArt raised $30M Series A led by Canaan Partners in January 2026, with follow-on investments from Basis Set and DCM, bringing total funding to $35M.
PRIVATESep 11, 2026•about 7 hours ago
Amount Raised
$30 Million
Round Type
Series A
Artificial IntelligenceMachine LearningNatural Language Processing
Investors
DcmBasis SetCanaan Partners
Description
OpenArt, an AI creative platform co-founded by former Google employees Coco Mao and John Qiao, closed a $30 million Series A round led by Canaan Partners in January 2026. The round included follow-on investments from Basis Set, DCM, and others, bringing the company's total funding to approximately $35 million. OpenArt has grown to 60-70 employees and claims to be profitable with approximately $10 million in annual recurring revenue and 8 million monthly active users. The platform offers AI-powered visual workflows for creating stories, storyboards, character continuity, and multimedia content, with pricing starting at $7 per month.
Company Information
Company
OpenArt
About
OpenArt is an AI-powered creative platform founded in 2022 by former Google employees Coco Mao and John Qiao. The company provides a visual workflow tool that generates stories, images, videos, and audio from text prompts, integrating over 50 AI models for character consistency and storyboarding. With approximately 60-70 employees and 8 million monthly active users, OpenArt operates on a subscription-based points model and has achieved profitability with around $10 million in annual recurring revenue.
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