AI image upscaling. Part of Lean Ledger, a sortable database of AI companies with 20 or fewer people.
Graduated: now over 20 people or part of a larger company. Kept as a historical snapshot and left out of the ranking.
| Website | https://magnific.ai |
|---|---|
| Category | AI image upscaling |
| Team size | 2 |
| Revenue (as stated) | $6M ARR |
| Annualized revenue | $6,000,000 |
| Revenue per employee | $3,000,000 |
| Funding | not disclosed |
| Bootstrapped or raised | Bootstrapped |
| Data label | self-reported |
| As of | pre-2025 |
| Source | https://chalsarboleya.substack.com/p/europes-ai-champions-and-the-gtm |
| Notes | Source (Mar 2026): $6M ARR with 2 people before Freepik acquisition; now ~$30M ARR inside Freepik. tinyteams.xyz says $10M |
"Verified" means revenue checked against a payment provider (e.g. Stripe via TrustMRR). "Self-reported" means a founder or company claim. "Estimate" means a third-party figure. Know a correction? Send it with a source.
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