# Design Barn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/design-barn

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.lottiefiles.com
- Total disclosed funding: $46M
- Latest round: Series B (Jan 4, 2022)
- Investors on record: 6

## About

Established in 2017 and based in California, US, Design Barn Inc., trading under the name LottieFiles operates as the developer of an animation workflow platform intended for motion designers and developers. The firm offers its services to over 65,000+ Global Companies including Spotify, Duolingo, Cred, Microsoft, BBC, Netflix, etc. In January 2022, Design Barn Inc. raised USD 37 million in Series B funding led by investor Square Peg, with participation from GreatPoint Ventures and XYZ Ventures.


The business offers a mobile platform for animators to create Lotties, an interactive animation file format based on JSON that can be used with any device and scaled up or down without pixelation. The Lottie animation generates the lines of code that the user can use to implement the animation; therefore, the user can import, preview, and download the animation and share it across apps.

 
The business makes money by charging individuals and teams, respectively, USD 19.99/month and USD 24.99/month, for the use of its mobile applications.

## Funding rounds

- Series B, Jan 4, 2022, $37M — 500 Global, GreatPoint Ventures, Square Peg, M12, XYZ Ventures
- Series A, Jan 27, 2021, $9M — 500 Global, Adobe Inc., M12
- Seed, Apr 21, 2020 — 500 Global, Adobe Inc.

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A, Series B
- Adobe Inc. — Seed, Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A, Series B
- GreatPoint Ventures (https://capitalatlas.ai/funds/greatpoint-ventures) — Series B
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series B
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series B
