UXPin, founded in 2010 by Marcin Treder, provides a collaborative user-experience design tool that spans the entire designer’s workflow. The platform allows teams — designers, product managers, developers, marketers, business analysts and CEOs — to design, collaborate on and present both high- and low-fidelity, fully interactive wireframes and prototypes. UXPin operates with teams in Gdynia, Poland and Mountain View, California. Its tool is used by companies such as Microsoft, NBC, USA Today, Sony and Adidas, and by design agencies such as Barrel. The company has also created a free online design library with 34 e-books. UXPin intends to use the new funding to continue to expand operations and is hiring. UXPin is a browser-based design tool that aims to sit between complex professional applications and overly simplistic tools, letting users design everything from wearables to software in the browser. The company saw revenue spike 950% year‑over‑year between 2012 and 2013 and reports “thousands” of customers; an example benchmark in the article notes 3,000 customers at $15/month would imply yearly revenue north of $500,000. UXPin has no long-term free tier and is on a quick ramp to profitability, with CEO Marcin Treder saying the company should be profitable by the summer. The firm plans to invest its new capital into U.S. hiring and further product development. UXPin is a U.S.-venture-backed Polish company hiring in the United States and expanding its service offering. UXPin creates tools for UX professionals to support prototyping and product development, offering paper design notebooks for web and mobile apps and an online application. The online product is delivered in a SaaS model that allows designers to create interface mock-ups. The company intends to use the fresh capital to accelerate development of its online application and to roll out new features soon. The funding was provided by Kraków-based seed investor Innovation Nest and will be invested in tranches. UXPin was founded in late 2012 and was recently named a winner of the Eastern European startup award Aulery. The team plans to focus on enhancing the online product based on this investment.

Total raised

$7M

Funding rounds

3

Latest round

Series A

Latest activity

Jul 2015