# Magnific reaches USD 230 million in ARR with over 1 million paying users

On 2026/4/29, PR Newswire reported that Spanish creative AI platform Magnific reached USD 230 million in ARR, serving more than 1 million paying users and over 290 enterprise teams. It did not disclose funding or valuation.



Canonical: https://uniquebase.ai/news/3d6dc291-6715-45b5-a6cc-ad51b1f7ec8f
Stable identifier: 3d6dc291-6715-45b5-a6cc-ad51b1f7ec8f
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:31:08.165Z

## Connected profiles

- [Magnific](/companies/magnific)

## Sources

- https://www.prnewswire.com/news-releases/freepik-becomes-magnific-hits-230m-arr-and-introduces-the-no-collar-creative-economy-302755376.html