Designstripe, a Montreal, Canada-based startup that currently offers a combination of customizable content and intuitive tools for non-designers across consumer and enterprise clients, raised $10 million in funding.

The round was led by Insight Partners, with participation from Silicon Valley Bank to help it deliver intuitive and slick creative tools for everyone. 

The visual communication challenger will use the funding to enhance and expand its design tools in all creative categories including photo, motion, and video.

Company: DesignStripe Software Inc. 

Raised: $10.0M

Round: Unknown

Funding Month: June 2022

Lead Investors: Insight Partners

Additional Investors: Silicon Valley Bank

Company Website: https://designstripe.com/

Software Category: design tools

About the Company: Founded in 2020 by serial entrepreneur and investor Francois Arbour, Designstripe is a new SaaS software that allows you to produce amazing graphics without having to have any design experience. It offers easy-to-use customization tools. Designstripe currently offers a combination of customizable content and intuitive tools for non-designers across consumer and enterprise clients. End-users in need of design assets no longer have to start from scratch, as Designstripe owns a large repository of customizable assets and illustrations with the ability to export to a variety of file types. Since the launch of its initial product, the company has achieved significant growth in new clients and daily users.

Source: https://www.prnewswire.com/news-releases/designstripe-raises-10m-from-insight-partners-and-silicon-valley-bank-to-build-smart-design-tools-301573854.html