# Magnific

**Source:** https://www.startuphub.ai/startups/magnific
**Profile type:** Startup

> An AI creative platform integrating image generation, video, audio, upscaling, collaboration, and 3D features into a single production environment.

## About

Magnific, formerly Freepik, is a Málaga-based AI creative platform that offers a comprehensive production environment for creators, marketing teams, studios, and enterprise users. It combines generative AI tools with a vast library of stock assets, enabling users to generate images, videos, and audio, upscale existing content, collaborate in real-time, and utilize 3D features. The company aims to empower creators in what it terms the 'no-collar economy' by making professional-grade creative production more accessible and efficient.

## Key facts

- **Slug:** magnific
- **Website:** https://magnific.com
- **Location:** Málaga, Andalusia, Spain
- **Founded:** 2010-01-01 00:00:00
- **Employees:** 4
- **Operating status:** Active
- **Sectors / tags:** Artificial Intelligence, Creative Technology, SaaS, Media & Entertainment
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/magnific-ai/
  - Twitter: https://twitter.com/magnific_ai

## Frequently asked

### What does Magnific do?

Magnific, formerly Freepik, is a Málaga-based AI creative platform that offers a comprehensive production environment for creators, marketing teams, studios, and enterprise users. It combines generative AI tools with a vast library of stock assets, enabling users to generate images, videos, and audio, upscale existing content, collaborate in real-time, and utilize 3D features. The company aims to empower creators in what it terms the 'no-collar economy' by making professional-grade creative prod…

### What is Magnific's revenue?

StartupHub estimates Magnific's annual revenue at $612K (range $374K to $1.8M, 65% confidence), based on comparable companies in the sector.

### What is Magnific's valuation?

StartupHub estimates Magnific's effective valuation at $1.3B (range $744.8M to $3.6B, 57% confidence), based on comparable companies in the sector.

### Where is Magnific headquartered?

Magnific is headquartered in Málaga, Andalusia, Spain.

### When was Magnific founded?

Magnific was founded in 2010.

### What industry does Magnific operate in?

Magnific operates in Artificial Intelligence, Creative Technology, SaaS, Media & Entertainment.

### How many employees does Magnific have?

Magnific has approximately 4 people on record.

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