|Description||Attacking a multibillion design market|
|Venture Round, 10/2013 |
UXPin is a freemium SaaS design service growing revenues and paying users by over 950% YoY with virtually no marketing. October was our yet another best month in the history and our MoM revenue growth accelerated vs. previous months.
We’re on a path to profitability in 6-9 months due to the low cost engineering team in Poland, with business operations being launched in the US this quarter.
Our cutting edge design platform for web/mobile apps and wearables is used by thousands of companies worldwide including Microsoft, NBC and RedBull.
Adobe, the incumbent has a $27 billion market cap and the existing SAAS startups are all bootstrapped giving UXPin the opportunity to pass them through aggressive marketing and better product innovation.