Ideogram was founded in 2022 by Mohammad Norouzi, William Chan, Chitwan Saharia, and Jonathan Ho to develop a better text-to-image model.[3]
It was first released with its 0.1 model on August 22, 2023,[4] after receiving $16.5 million in seed funding, which itself was led by Andreessen Horowitz and Index Ventures.[5][6]
In February 2024, Ideogram raised $80 million after its 1.0 model release in the same year.[7]
In August 2024, Ideogram released its 2.0 model. This model has several styles such as realistic, design, 3D, and anime and better capability in generating text.[8]