About 99designs
99designs is a company based in San Francisco (United States) founded in 2008 was acquired by Cimpress in October 2020.. 99designs has raised $45 million across 2 funding rounds from investors including Accel, Cimpress and Recruit Strategic Partners. The company has 16 employees as of December 31, 2022. 99designs has completed 2 acquisitions, including 12designer and LogoChef. 99designs offers products and services including Logo Design, Website Design, Branding, and Packaging Design. 99designs operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Xponential Fitness and Freelancer, among others.
- Headquarter San Francisco, United States
- Employees 16 as on 31 Dec, 2022
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Sectors
Business ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 99Designs Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series B
Apr 15, 2015
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Investors
Accel
& 6 more
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Employee Count
16
as on Dec 31, 2022
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Investments & Acquisitions
12designer
& 1 more
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Acquired by
Cimpress
(Oct 05, 2020)
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Products & Services of 99designs
99designs offers a comprehensive portfolio of products and services, including Logo Design, Website Design, Branding, and Packaging Design. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for creating custom business logos
Platform for building professional websites
Solutions for developing brand identities
Custom designs for product packaging
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Funding Insights of 99designs
99designs has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $10.0M
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First Round
First Round
(28 Apr 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series B - 99designs | Valuation | Recruit Strategic Partners | |
| Apr, 2011 | Amount | Series A - 99designs | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 99designs
99designs has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Cimpress and Recruit Strategic Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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SB
Stewart Butterfield |
Co-founder of Slack, angel investor, tech visionary from Canada
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 99designs
99designs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 12designer and LogoChef. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multiple topics are covered through blogs by LogoChef.
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2020 | ||||
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A marketplace for creative design services is operated in Europe.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 99designs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
99Designs Comparisons
Competitors of 99designs
99designs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Upwork, Fiverr, Iziwork, Xponential Fitness and Freelancer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Businesses are connected with freelancers via an online marketplace.
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| domain | founded_year | HQ Location |
Freelance services are facilitated via an online multi-industry marketplace.
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| domain | founded_year | HQ Location |
Freelancers are matched with employers via an online job platform.
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| domain | founded_year | HQ Location |
Branding services are provided to clients by Xponential Fitness.
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| domain | founded_year | HQ Location |
An online marketplace is operated for freelancers in various industries.
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| domain | founded_year | HQ Location |
Platform offering brand management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on 99Designs
Frequently Asked Questions about 99designs
When was 99designs founded?
99designs was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is 99designs located?
99designs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is 99designs a funded company?
99designs is a funded company, having raised a total of $45M across 2 funding rounds to date. The company's 1st funding round was a Series A of $35M, raised on Apr 28, 2011.
How many employees does 99designs have?
As of Dec 31, 2022, the latest employee count at 99designs is 16.
What does 99designs do?
99designs was founded in 2008 in Melbourne, Australia, and is now based in San Francisco, United States. An online marketplace for graphic design is operated, linking startups, small businesses, marketing agencies, and other organizations with more than 250,000 designers across 192 countries. Over 250,000 design contests have been facilitated, resulting in payments exceeding USD 62 million to the designer community.
Who are the top competitors of 99designs?
99designs's top competitors include Upwork, Fiverr and Freelancer.
What products or services does 99designs offer?
99designs offers Logo Design, Website Design, Branding, and Packaging Design.
How many acquisitions has 99designs made?
99designs has made 2 acquisitions, including 12designer, and LogoChef.
Who are 99designs's investors?
99designs has 7 investors. Key investors include Accel, Cimpress, Recruit Strategic Partners, Stewart Butterfield, and Michael Dearing.
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