About ProtoPie
ProtoPie is a company based in Seoul (South Korea) founded in 2014 by John Song.. ProtoPie has raised $39.8 million across 5 funding rounds from investors including Industrial Bank of Korea, Mirae Asset and Korean Development Bank. ProtoPie offers products and services including ProtoPie Tool and ProtoPie Gallery. ProtoPie operates in a competitive market with competitors including Figma, Qt Group, Supernova, Marvel and Whimsical, among others.
- Headquarter Seoul, South Korea
- Founders John Song
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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
$39.8 M (USD)
in 5 rounds
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Latest Funding Round
$21 M (USD), Series B
Jan 22, 2025
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Investors
Industrial Bank of Korea
& 20 more
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Employee Count
Employee Count
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Products & Services of ProtoPie
ProtoPie offers a comprehensive portfolio of products and services, including ProtoPie Tool and ProtoPie Gallery. 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.
Enables dynamic interactions and simulations for design prototyping.
Showcases prototypes created by designers worldwide.
Funding Insights of ProtoPie
ProtoPie has successfully raised a total of $39.8M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $21 million completed in January 2025. 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 5
- Last Round Series B — $21.0M
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First Round
First Round
(06 Mar 2017)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - ProtoPie | Valuation | LB Investment | |
| May, 2022 | Amount | Series A - ProtoPie | Valuation | LB Investment | |
| Feb, 2020 | Amount | Series A - ProtoPie | Valuation | Vela Partners , HB Investment |
| 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 ProtoPie
ProtoPie has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Industrial Bank of Korea, Mirae Asset and Korean Development Bank. 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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Growth-stage private equity investments are targeted across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward consumer brands.
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Founded Year | Domain | Location | |
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Investments are focused on early-stage companies in various sectors.
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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 ProtoPie
| 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 - ProtoPie
| 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 |
Protopie Comparisons
Competitors of ProtoPie
ProtoPie 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 Figma, Qt Group, Supernova, Marvel and Whimsical, 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 |
Collaborative platform for design prototyping and feedback is provided.
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| domain | founded_year | HQ Location |
Cross-platform user interface and application development for desktop and embedded platforms
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| domain | founded_year | HQ Location |
Cloud-based tools for collaborative mobile design and development are provided.
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| domain | founded_year | HQ Location |
Cloud-based prototyping tools for mobile app design teams are offered.
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| domain | founded_year | HQ Location |
Cloud-based collaborative design tools are provided by Whimsical for teams.
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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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Latest news on Protopie
Frequently Asked Questions about ProtoPie
When was ProtoPie founded?
ProtoPie was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is ProtoPie located?
ProtoPie is headquartered in Seoul, South Korea.
Is ProtoPie a funded company?
ProtoPie is a funded company, having raised a total of $39.8M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.3M, raised on Mar 06, 2017.
What does ProtoPie do?
ProtoPie was founded in 2014 in Seoul, South Korea, as a platform in the digital design sector. A code-free tool is provided for creating interactive prototypes, incorporating features such as multi-finger gestures, sensor integration, and masking for material designs. Solutions can be tested across iOS, Android, Mac, Windows, and IoT devices. Clients include Roblox, Deezer, Spotify, Samsung, Rakuten, Daimler, and Vivo.
Who are the top competitors of ProtoPie?
What products or services does ProtoPie offer?
ProtoPie offers ProtoPie Tool and ProtoPie Gallery.
Who are ProtoPie's investors?
ProtoPie has 21 investors. Key investors include Industrial Bank of Korea, Mirae Asset, Korean Development Bank, Shinyoung Securities, and Korea Investment Holdings.
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