Whimsical builds a visual workspace focused on content and collaboration, enabling teams to create flowcharts, wireframes, mind maps, sticky notes and Docs without switching tools. The company was founded by Kaspars Dancis in 2017 and grew organically while remaining profitable. It reports roughly threefold revenue growth in the past 12 months and has acquired a couple million total users at companies such as Intercom, Netflix and Twilio. The team recently expanded from about 12 to 30 employees as the product and usage scaled. Management says it will invest the new capital in product and go-to-market, including adding integrated building blocks such as a spreadsheet experience. The market opportunity cited in coverage references a $42.6 billion 2020 global productivity management software market that is projected to nearly triple by 2028.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Nov 2021