# Gravit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gravit

- Industry: Software
- Headquarters: Nuremberg, Germany
- Website: www.designer.io
- Latest round: Seed (Jan 12, 2016)
- Investors on record: 1

## About

Gravit GmbH is a graphic design software company that specializes in providing an intuitive web-based platform for design enthusiasts and professionals looking to create high-quality visual content.Founded in 2015 and headquartered in Nuremberg, Germany, Gravit GmbH offers a platform for graphic design. The company was acquired by Corel Corporation, a portfolio company of Vector Capital, in June 2018, following its previous connection with High-Tech Gründerfonds. The founder's history is not specified, and information about additional subsidiaries is also unavailable.Gravit GmbH's flagship product, Corel Vector, is a web-based graphic design application tailored for design hobbyists and aspiring professionals. The platform supports users in creating various visual projects through a user-friendly interface that includes powerful features. Corel Vector allows users to access their work on any device with a web browser, providing unlimited cloud storage to ensure designs are safely synced across devices. It also offers a collection of professionally-designed templates for diverse use cases, including social media graphics and printed materials, and serves a global customer base across North America, Europe, and Asia.Gravit GmbH operates a subscription-based revenue model, allowing users to choose from various pricing plans for access to the application’s features. New users can evaluate the platform through a 15-day full-featured access trial before opting for a paid subscription. This structure accommodates both individual users and small businesses looking to create graphics. Revenue is generated from these subscriptions, reflecting the demand for accessible design software in creative sectors.Gravit GmbH's future growth strategy involves ongoing development initiatives following its acquisition by Corel Corporation in June 2018. The company plans to enhance its product offerings and may target specific geographic regions for expansion, although detailed information on new products or market regions is not provided. The acquisition may also influence the allocation of resources to support these initiatives, though specific plans and timelines remain undisclosed.

## Funding rounds

- Seed, Jan 12, 2016 — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed