Knapsack, a Portland, Oregon-based SaaS design system platform, raised $5.5 million in seed funding led by Gradient Ventures. This round also included Parade Ventures, Crosslink Capital, Founder Collective, and Slack Fund.

The funding will be used to hire world-class talent, accelerate the development of new products and features, and scale awareness and usage of Knapsack to new audiences.

Company: Knapsack Company

Raised: $5.5M

Round: Seed Round

Funding Month: March 2022

Lead Investors: Gradient Ventures

Additional Investors: Parade Ventures, Crosslink Capital, Founder Collective, and Slack Fund

Company Website: https://www.knapsack.cloud/

Software Category: Design system management

About the Company: Knapsack unites a design, code, and content in a central source of truth for your entire product team. Their revolutionary design system platform was built to support collaboration between design and engineering partners and to help teams build better products. Knapsack was founded in Portland, Oregon but is a remote company.

Source: https://www.prnewswire.com/news-releases/gradient-ventures-leads-5-5m-investment-in-saas-design-system-platform-knapsack-301494029.html