The Canadian AI Index

Companies / Ideogram

Ideogram

Ideogram is a foundation model company based in Toronto, Ontario. It had raised US$96.5M as of November 2026, most recently a US$80M Series A in February 2024 led by Andreessen Horowitz.

Text-to-image generative AI models.

ideogram.ai

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HQ
Toronto, ON
Category
Foundation Models
Status
Active
Disclosed raised
US$96.5M

Funding history

RoundDateAmountInvestors
Series AFeb 28, 2024 US$80MAndreessen Horowitz (lead); Index Ventures, Redpoint Ventures, Pear VC, SV Angel. US$80M (C$109M) Series A announced Feb 28 2024 with the Ideogram 1.0 model; led by Andreessen Horowitz (Martin Casado joined the board) with returning Index Ventures and new investors Redpoint Ventures, Pear VC and SV Angel.
SeedAug 24, 2023 US$16.5MAndreessen Horowitz and Index Ventures (co-leads); AIX Ventures, Golden Ventures, Two Small Fish Ventures. US$16.5M (C$22.3M) seed announced at launch Aug 24 2023; co-led by Andreessen Horowitz and Index Ventures with AIX Ventures, Golden Ventures and Two Small Fish Ventures. Precedes the Feb 2024 Series A.

Sources

Data as of November 10, 2026.

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