About designstripe
designstripe is a company based in Gatineau (Canada) founded in 2020 by Lucas Janon and James Daly.. designstripe has raised $7.72 million across 2 funding rounds from investors including SVB and Insight Partners. designstripe offers products and services including AI Ad Generator, Illustrations, 3D Mockups, Crayon, and Holiday Cards. designstripe operates in a competitive market with competitors including Wix, Cargo, ThemeForest, LiveBooks and TeslaThemes, among others.
- Headquarter Gatineau, Canada
- Founders Lucas Janon, James Daly
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.72 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
SVB
& 1 more
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Employee Count
Employee Count
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Products & Services of designstripe
designstripe offers a comprehensive portfolio of products and services, including AI Ad Generator, Illustrations, 3D Mockups, Crayon, and Holiday Cards. 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.
Generates personalized ad creatives from URLs for marketing campaigns.
Provides customizable vector illustrations without needing design skills.
Creates animated device mockups directly in the browser for products.
Animates vector illustrations with simple clicks for dynamic designs.
Uses AI to produce unique holiday cards for seasonal marketing.
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Funding Insights of designstripe
designstripe has successfully raised a total of $7.72M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(23 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - designstripe | Valuation | Insight Partners | |
| Jun, 2022 | Amount | Debt – Conventional - designstripe | Valuation |
investors |
| 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 designstripe
designstripe has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB and Insight 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Banking services are provided to innovative companies, investors, and individuals.
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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 designstripe
| 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 |
Financial Statements - designstripe
| 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 |
Designstripe Comparisons
Competitors of designstripe
designstripe 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 Wix, Cargo, ThemeForest, LiveBooks and TeslaThemes, 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 |
Websites are built using Wix's cloud-based drag-and-drop platform.
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| domain | founded_year | HQ Location |
Cargo is recognized as a site builder for creatives.
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| domain | founded_year | HQ Location |
An online marketplace for website templates and themes is operated.
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| domain | founded_year | HQ Location |
Websites for creative professionals are created via an online platform.
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| domain | founded_year | HQ Location |
A marketplace for diverse WordPress themes is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about designstripe
When was designstripe founded?
designstripe was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is designstripe located?
designstripe is headquartered in Gatineau, Canada. It is registered at Gatineau, Quebec, Canada.
Is designstripe a funded company?
designstripe is a funded company, having raised a total of $7.72M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7.72M, raised on Jun 23, 2022.
What does designstripe do?
Designstripe was founded in 2020 in Gatineau, Canada, within the graphic design sector. A platform is operated that includes a color palette generator for exploring combinations, along with tools for creating illustrations. Features such as scene details allow objects to be added or removed, while a variations tool enables swapping and modifying elements. Operations focus on digital design resources for users.
Who are the top competitors of designstripe?
designstripe's top competitors include Wix, Cargo and ThemeForest.
What products or services does designstripe offer?
designstripe offers AI Ad Generator, Illustrations, 3D Mockups, Crayon, and Holiday Cards.
Who are designstripe's investors?
designstripe has 2 investors. Key investors include SVB, and Insight Partners.