Figr raised $2.25 M Seed funding from Kalaari Capital
With participation from Antler, Golden Sparrow, angel investors, and Kalaari Capital leading the Seed round, Bengaluru-based startup Figr has raised $2.25 million.
Figr’s core technology, in particular its proprietary AI models for UI/UX design, will be improved with the proceeds. The business also intends to grow its teams focused on product and growth.
Moksh Garg and Chirag Singla founded Figr, an AI-powered design platform that is revolutionizing the way product teams design user interfaces. Teams can work more productively and creatively because it uses sophisticated AI to turn rough ideas into polished UI designs.
Over 75,000 people have reportedly signed up for the brand, and over 500,000 queries have been answered. Its worldwide appeal is highlighted by the fact that 80% of its users are not from India.
Figr is targeting a wide spectrum of designers as part of its growth strategy, including independent contractors, design studios, and startup design teams.