# UxPin

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.uxpin.com
- Total disclosed funding: $7.3M
- Latest round: Series A (Jul 23, 2015)
- Investors on record: 5

## About

UxPin Inc. is a cloud-based platform specializing in UX/UI design and prototyping, enabling teams to create high-fidelity prototypes that integrate directly with production-ready code for enhanced collaboration and efficiency.Founded in 2010 in Mountain View, US, UxPin Inc. offers a comprehensive UX/UI design and prototyping tool. The company was acquired by Xenon Private Equity in June 2020 from investors including Andreessen Horowitz and True Ventures. The founders include Marcin Kowalski, Piotr Duszynski, and Wiktor Mazur, while Sriya Vipin and Yuga Koda currently lead as CEO.UxPin is a cloud-based UX/UI design and prototyping tool that assists designers and developers in producing high-fidelity prototypes that connect seamlessly with production-ready code. Its design system management feature allows users to build and nurture robust design systems, facilitating efficient design processes and quicker product launches. The platform supports team collaboration with reusable UI components, minimizing the need for coding from scratch. UxPin serves a diverse clientele, including enterprise-level companies such as Caterpillar, PayPal, and Weir Group, operating across North America, Europe, and Asia.In 2018, UxPin reported revenue of USD 2.00 mn, primarily through subscription-based pricing strategies tailored for both enterprise and individual users. Their offerings include various plans for single-user and corporate licenses, enabling effective collaboration on design projects. The flagship product, UXPin Merge, integrates design and code to enhance workflow efficiency and reduce handoff issues between designers and developers.Following its acquisition in June 2020, UxPin plans to leverage the recent investment to enhance its product offerings and expand into new markets. Specific initiatives include the launch of upcoming products designed to improve user experience and explore entry into additional geographical regions. The investment from Xenon Private Equity will support these strategic initiatives, although exact timelines for new product releases and market expansions have not been disclosed.

## Funding rounds

- Series A, Jul 23, 2015, $5M — True Ventures
- Seed, Feb 5, 2014, $1.6M — Ridge Ventures, Andreessen Horowitz, Freestyle VC, Innovation Nest
- Seed, Oct 16, 2013, $0.7M — Ridge Ventures, Andreessen Horowitz, Innovation Nest

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Innovation Nest (https://capitalatlas.ai/funds/innovation-nest) — Seed
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A