ComfyUI raises $30M at $500M valuation for AI media control
ComfyUI, a startup that provides a node-based approach for managing diffusion model outputs, has successfully secured $30 million in funding, achieving a valuation of $500 million. This funding round was spearheaded by Craft Ventures, with contributions from Pace Capital, Chemistry, and TruArrow. Established as an open-source initiative in 2023, ComfyUI quickly became popular among creatives for its detailed control over generating images, videos, and audio. In late 2024, the company raised $19 million in Series A funding from Chemistry Ventures, Cursor Capital, and Guillermo Rauch. CEO Yoland Yan highlights ComfyUI's accuracy compared to prompt-based platforms like Midjourney, which he claims only achieve 60-80% of the intended outcomes. The platform now boasts over 4 million users, with growing job listings for 'ComfyUI artist or engineer.' Competitors include Weavy, which was acquired by Figma in 2025.
Key facts
- ComfyUI raised $30 million at a $500 million valuation.
- The round was led by Craft Ventures with Pace Capital, Chemistry, and TruArrow.
- ComfyUI started as an open-source project in 2023.
- In late 2024, it raised $19 million in Series A from Chemistry Ventures, Cursor Capital, and Guillermo Rauch.
- CEO Yoland Yan says prompt-based tools only achieve 60-80% of desired output.
- ComfyUI claims over 4 million users.
- The tool is used for visual effects, animation, advertising, and industrial design.
- Competitor Weavy was acquired by Figma.
Entities
Artists
- Yoland Yan
Institutions
- ComfyUI
- Craft Ventures
- Pace Capital
- Chemistry
- TruArrow
- Chemistry Ventures
- Cursor Capital
- Vercel
- Midjourney
- OpenAI
- DALL-E
- ChatGPT
- Figma
- Weavy
- TechCrunch