✦ AI AI Company Comparison

Midjourney vs OpenAI — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Data for Midjourney last verified: Jun 12, 2026. Data for OpenAI last verified: Jun 15, 2026.
Metric Midjourney OpenAI
Valuation$10B$920.0B
Total Funding$150M$65.4B
IPO StatusPre-IPOPre-IPO
SectorGenerative AI / Creative ToolsArtificial Intelligence
StageSeries BPre-IPO
HeadquartersSan Francisco, CASan Francisco, CA
CEODavid HolzSam Altman
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Midjourney

Midjourney is the self-funded AI image generation platform generating $500M+ in annual revenue with a lean team of 100 employees. Valued at $10B after a $150M Series B led by Lightspeed, Midjourney commands ~27% of the global AI image market with 21M registered users. Expanded into AI video generation in 2025 — top IPO candidate as generative AI tools disrupt the $100B+ creative software market.

IndustryGenerative AI / Creative Tools
StageSeries B
IPO StatusPre-IPO
Valuation$10B
Total Funding$150M
HeadquartersSan Francisco, CA

OpenAI

OpenAI is valued at $852B — the world's most valuable AI company, backed by $27B in funding. Track IPO readiness score, funding rounds, and timeline.

IndustryArtificial Intelligence
StagePre-IPO
IPO StatusPre-IPO
Valuation$920.0B
Total Funding$65.4B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What are the valuations of Midjourney and OpenAI? +

Midjourney is valued at $10B. OpenAI is valued at $920.0B. Both valuations are based on the most recent private funding rounds tracked by TechStackIPO.

How much has each company raised? +

Midjourney has raised $150M. OpenAI has raised $65.4B.

What is the IPO status of Midjourney and OpenAI? +

Midjourney is currently pre-IPO. OpenAI is currently pre-IPO. Track both on TechStackIPO for S-1 filings and IPO announcements.

Are Midjourney and OpenAI in the same sector? +

Midjourney operates in Generative AI / Creative Tools, while OpenAI operates in Artificial Intelligence.

What are the main differences between Midjourney and OpenAI? +

Midjourney is a Generative AI / Creative Tools company valued at $10B with $150M raised. OpenAI is a Artificial Intelligence company valued at $920.0B with $65.4B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor data.

How can I invest in Midjourney or OpenAI before their IPO? +

Accredited investors can access pre-IPO shares in Midjourney and OpenAI through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.