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Lottielab Raises £3M To Spruce Up Gif Animation Format
PRIVATEApr 27, 2022•over 4 years ago
Amount Raised
£3 Million
Round Type
Seed
London
Description
Motion design platform LottieLab has secured $4m (£3.1m) in its seed funding round led by Point Nine.
Company Information
Company
Lottie Lab
Location
London, Ontario, Canada
About
Motion design platform LottieLab has secured $4m (£3.1m) in its seed funding round led by Point Nine.London-based LottieLab will use the fresh capital to triple its headcount over the next year, predominantly on the product development team.Founders Andrew Ologunebi and Alistair Thomson created LottieLab after becoming frustrated by the limitations of the GIF format when creating motion-powered graphics. LottieLab has all the benefits of modern design tools fit for today’s product development teams; being web-based, collaborative and simple, and crucially, there’s no After Effects qualification needed to use it,” said Andrew Ologunebi, CEO, LottieLab.
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