About Gravit Designer
Gravit Designer is a company based in Ottawa (Canada) founded in 2014 was acquired by Corel in December 2018.. Gravit Designer has raised $650.16 thousand across 1 funding round from investors including Corel and High-Tech Gründerfonds. Gravit Designer operates in a competitive market with competitors including Canva, Adobe, Design Pickle, Readymag and PixCap, among others.
- Headquarter Ottawa, Canada
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Gravit Designer
Gravit Designer has successfully raised a total of $650.16K through 1 strategic funding round. The most recent funding activity was a Seed round of $650.16 thousand completed in January 2016. 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 1
- Last Round Seed — $650,160
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First Round
First Round
(12 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2016 | Amount | Seed - Gravit Designer | Valuation | HTGF |
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| 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 |
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Investors in Gravit Designer
Gravit Designer has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Corel and High-Tech Gründerfonds. 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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Early-stage investments are made in high-tech startups by HTGF.
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Graphics, painting, photo, video, and office software is provided.
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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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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 Gravit Designer
| 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 - Gravit Designer
| 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 |
Gravit Designer Comparisons
Competitors of Gravit Designer
Gravit Designer 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 Canva, Adobe, Design Pickle, Readymag and PixCap, 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 |
Online platform for creating graphic images
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| domain | founded_year | HQ Location |
AI-powered platform manages marketing creatives and customer journeys.
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| domain | founded_year | HQ Location |
Graphic design service in USA
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| domain | founded_year | HQ Location |
Websites are created via a cloud-based drag-and-drop builder without coding.
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| domain | founded_year | HQ Location |
Web-based 3D animation engine provided for rigging and collaboration.
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| domain | founded_year | HQ Location |
Online photo editing and graphic design tools are offered.
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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 Gravit Designer
When was Gravit Designer founded?
Gravit Designer was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Gravit Designer located?
Gravit Designer is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is Gravit Designer a funded company?
Gravit Designer is a funded company, having raised a total of $650.16K across 1 funding round to date. The company's 1st funding round was a Seed of $650.16K, raised on Jan 12, 2016.
What does Gravit Designer do?
Gravit Designer was founded in 2014 in Ottawa, Canada, and operates as an online platform in the graphic design sector. Vector illustrations, UI design solutions, and photo editing tools are offered to users. Free versions of the platform are available, while premium features are accessed via annual subscriptions. The service focuses on digital creation tools for various design needs.
Who are the top competitors of Gravit Designer?
Gravit Designer's top competitors include Canva, Adobe and Design Pickle.
Who are Gravit Designer's investors?
Gravit Designer has 2 investors. Key investors include Corel, and High-Tech Gründerfonds.