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FreemiumBy Leonardo AI (Canva)

Leonardo AI

Leonardo AI is a leading image generation platform with Phoenix model, Realtime Canvas and Motion. Acquired by Canva ($320M). 30M+ users, 2B+ images. Free 150 tokens/day, from $10/mo.

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Description

Leonardo AI

Overview

Leonardo AI is a leading AI image, art, and video generation platform that combines powerful generative models with granular creative control. Initially designed for the gaming industry, it has evolved to serve creatives across all industries.
Founded in December 2022 by JJ Fiasson (CEO), Chris Gillis, and Jachin Bhasme in Sydney, Australia. Acquired by Canva in July 2024 (estimated ~$320M).
With 30M+ registered users, 2B+ images generated, 1.8M Discord members (3rd largest server in the world), Leonardo AI is one of the most popular image generation platforms on the market.

Canva Acquisition (July 2024)

  • Buyer: Canva (valued at $26B)
  • Estimated price: ~$320M (above $80M Series A valuation)
  • Independent operation: Leonardo continues as a separate platform
  • Integration: Phoenix technology powers Canva's "Dream Lab"
  • Team: 120 people joined Canva
  • 8th acquisition by Canva (after Affinity, Flourish, Kaleido, etc.)

Main Models

Leonardo Phoenix

Leonardo AI's first proprietary foundational model:
  • Exceptional prompt adherence
  • Coherent text in images (critical for advertising)
  • Rapid iteration with Edit with AI
  • Concept separation (colors, objects)
  • Powers Canva Dream Lab

Other Available Models

ModelSpecialty
Flux KontextPrecise element editing
Nano Banana / ProPhotorealism, precision
Lucid RealismUltra-realism
SDXLStable, versatile
Anime modelsAnime/manga styles
3rd party modelsVeo 3, Kling, Sora 2, etc.

Main Features

Image Generation

FeatureDescription
Text-to-ImagePrompts up to 1,000 characters
Image-to-ImageUse image as guide
Prompt MagicAdvanced generation control
AlchemyQuality enhancements
Elements (LoRAs)Styles as "seasonings"
PhotoRealEnhanced photorealism

Canvas and Editing

FeatureDescription
AI CanvasIntegrated Photoshop-like editor
Realtime CanvasDraw and AI generates in real-time
InpaintingEdit specific areas
OutpaintingExtend image borders
Background RemovalRemove backgrounds automatically
Universal UpscalerEnhance resolution
Transparent PNGGenerate with transparent background

Video and Motion

FeatureDescription
Motion 1.0Animate static images
Motion 2.0 / FastVideo from text, 720p
Veo 3, Kling, Sora 23rd party video models

Advanced Workflows

FeatureDescription
Flow StateFast variation streaming
Realtime GenImages update as you type
Image Guidance (ControlNets)Edge, pose, depth control
Character ReferenceCharacter consistency
BlueprintsPre-configured workflows (50+)

Custom Models

  • Train your own models with your images
  • 10-50 models depending on plan
  • Maintain consistent style for brand

Pricing (2025)

Individual Plans

PlanMonthly PriceAnnual PriceTokens
Free$0-150/day
Apprentice$12$10/mo8,500/mo
Artisan Unlimited$30$24/mo25,000/mo
Maestro Unlimited$60$48/mo60,000/mo

Features by Plan

FeatureFreeApprenticeArtisanMaestro
Tokens150/day8,500/mo25,000/mo60,000/mo
Public generations
Private generations
Watermark
Custom models0102050
Concurrent jobs1510More
Relaxed unlimited
Video unlimited
Token rollover

Tokens and Credits

  • Tokens = platform currency
  • Cost varies by computational complexity
  • Rollover Bank: unused tokens accumulate (up to 3x)
  • Top-up packs: additional tokens that don't expire
  • Relaxed Generation: unlimited but in slower queue

Teams

  • Starting at $24/seat/mo
  • Shared tokens
  • Private generations
  • Model sharing
  • Team controls

API

  • Usage-based pricing
  • For developers and platforms
  • Scalable and flexible

Integrations and Partnerships

Canva

  • Dream Lab powered by Phoenix
  • Magic Studio integration
  • Access to 190M Canva users

Google Cloud

  • Infrastructure partner
  • Gemini and Vertex AI
  • Scaling capabilities

Platforms

  • iOS App (App Store)
  • Web App (browser)
  • API for developers
  • Discord community (1.8M)

Use Cases

Game Development

  • Concept art and characters
  • 3D textures
  • UI/UX assets
  • Environments
  • Props and objects

Marketing & Advertising

  • Campaign visuals
  • Social media content
  • Thumbnails
  • Ad creatives
  • Product mockups

Design & Creative

  • Moodboards
  • Concept exploration
  • Logo ideation
  • Brand assets
  • Illustrations

Architecture & Fashion

  • Visualizations
  • Concept design
  • Material exploration
  • Prototyping

Film & Animation

  • Storyboards
  • Concept posters
  • Pre-production visuals
  • Character design

PROS ✅

  • Phoenix Model - Exceptional prompt adherence, legible text
  • Realtime Canvas - Draw and AI generates in real-time
  • Generous Free Tier - 150 daily tokens free
  • Intuitive UI - Easy for beginners
  • Custom Models - Train models with your style
  • Canva Backing - Resources and stability
  • 30M+ Users - Massive community
  • Discord 1.8M - 3rd largest server
  • Motion/Video - Animate static images
  • Elements/LoRAs - Styles as "seasonings"
  • API Available - For developers
  • Relaxed Unlimited - Unlimited generations (Artisan+)
  • Commercial Rights - Full ownership on paid plans
  • Character Consistency - Maintain consistent characters
  • Multi-platform - Web, iOS, API

CONS ❌

  • Confusing Token System - Hard to estimate costs
  • Premium Features Locked - Many behind paywall
  • Limited Free Plan - 150 tokens run out fast
  • Learning Curve - Many features can overwhelm
  • Inconsistent Community Models - Quality varies
  • Basic Motion Tool - Not a full video editor
  • Complex Prompt Issues - May fail with very detailed instructions
  • Inorganic Objects - Difficulty with cars, machinery
  • Upscaler Alters Details - May change original image
  • Limited Payments - Issues with international methods

Why Choose Leonardo AI?

Choose Leonardo AI if:
  • You need granular control over generation
  • You work in game development
  • You want to train custom models with your style
  • You value intuitive, easy-to-use UI
  • You need legible text in images
  • You want a generous free tier to test
  • You're looking for character consistency
  • You need Realtime Canvas for ideation
Don't choose Leonardo AI if:
  • You want distinctive "artistic" style (→ Midjourney)
  • You need advanced video (→ Runway, Pika)
  • You prefer simple pricing model (tokens confuse)
  • You only need basic occasional generation
  • You don't want to learn the token system

vs Competitors

vsLeonardo AI WinsCompetitor Wins
MidjourneyGranular control, free tier, custom models, web UIMore artistic style, more "pro" community
DALL-E 3More features, custom models, videoChatGPT integration, simpler
Stable DiffusionFriendly UI, no technical setup neededOpen-source, completely free, local
Adobe FireflyMore features, gaming focusCreative Cloud integration, ethical training
FluxMore established, Canva backingOpen-source, comparable quality

Company Information

  • Founded: December 2022
  • Headquarters: Sydney, Australia
  • CEO: JJ Fiasson
  • Co-founders: Chris Gillis, Jachin Bhasme
  • Acquired by: Canva (July 2024)
  • Employees: 120+ (at acquisition time)
  • Total Funding: $31-47M (pre-acquisition)

Investment Rounds

DateRoundAmountInvestors
2023Seed~$7.5MBlackbird, Side Stage
Dec 2023Series A$23.5MBlackbird, Samsung NEXT, Smash Capital
Jul 2024Acquisition~$320MCanva

Notable Investors

Blackbird Ventures, Samsung NEXT, Smash Capital, TIRTA, Gaorong Capital, Side Stage Ventures

Metrics

  • 30M+ users registered (2025)
  • 2B+ images generated
  • 1.8M Discord members (3rd largest)
  • 1B+ images in first 18 months
  • $1.6M revenue in first 5 months
  • $5M ARR projected after launch
  • 19M users at acquisition time

Recognition

  • Fastest Growing Startup Australia (2024)
  • 3rd Largest Discord Server globally
  • Canva's 8th Acquisition (largest after Affinity)

Technical Notes

About Tokens

  • 1 token ≠ 1 image (varies by complexity)
  • Premium features cost more tokens
  • Video generation = more tokens than image
  • Rollover up to 3x monthly allowance

Commercial Rights

  • Free: Non-exclusive rights
  • Paid: Full ownership and IP rights
  • Ideal for commercial use

API Access

  • Available for developers
  • Custom pricing based on volume
  • Enterprise integrations available

Key Features

Phoenix model exceptional prompt adherence

Realtime Canvas draw AI generates realtime

AI Canvas integrated Photoshop-like editor

Motion video from static images

Custom model training own style

Elements LoRAs styles as seasonings

Image Guidance ControlNets pose depth

Character Reference character consistency

Flow State fast variation streaming

Universal Upscaler resolution enhancement

Background Removal remove backgrounds

Transparent PNG transparent backgrounds

Inpainting Outpainting area editing

Prompt Magic advanced control

Alchemy image quality enhancements

PhotoReal enhanced photorealism

Blueprints pre-configured workflows

Veo Kling Sora third party video models

API Developer Platform

iOS App mobile generation

Use Cases

Game development concept art characters

3D textures gaming assets

Marketing advertising campaigns

Social media content thumbnails

Product mockups visualizations

Logo ideation brand assets

Illustrations concept exploration

Moodboards design direction

Architecture visualization renders

Fashion design prototyping

Film storyboards pre-production

Consistent character design

UI UX assets interfaces

Ad creatives advertising

E-commerce product shots

NFT digital art creation

Educational content visuals

Book covers illustrations

Video thumbnails YouTube

Interior design concepts

Information

Company

Leonardo AI (Canva)

User Reviews