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Penpot Raises $8M To Keep Designers And Developers In Sync While They Build Beautiful Products

PRIVATESep 27, 2022•over 3 years ago

Amount Raised

$8 Million

Madrid

Description

Penpot, an open-source, collaborative design and prototyping platform by Kaleidos, has raised $8M to build more features for designers and developers and nurture its growing community. Decibel led the round, with existing investor Athos Capital and a number of angels participating, including VSCO president and former Figma COO Eric Wittman, Cisco’s VP of Developer Relations Strategy and Experience Grace Francisco, and Google Fonts leader Dave Crossland.

Company Information

Company

Penpot

Location

Madrid, Community Of Madrid, Spain

About

Penpot, an open source online prototyping platform for designers and developers. Beta version! With open standards (SVG) as a core feature and value, we hope to contribute a much needed platform to the open source community, which we consider to be instrumental to make Penpot the best online prototyping tool out there. Penpot is being developed by open source enthusiasts coming from the tech and UX/UI trenches that have already built 20+ products for startups and launched Taiga in the past. Kaleidos, its umbrella company, has raised seed money and is devoting funds to make sure there is an amazing multidisciplinary team focused on Penpot, also able to engage with a newly born community of users and contributors.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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