Penpot
Open source design tool for cross-functional teams
About Penpot
Penpot is the open source design and prototyping platform that runs in the browser and can be self-hosted. It's the Figma alternative that gives design teams full control over their data and workflow — with SVG-based files, real-time collaboration, developer handoff, and no vendor lock-in. Used by 500,000+ designers worldwide.
Pitch deck breakdown
How Penpot would pitch themselves.
Target customer
Cross-functional teams — the core audience Penpot's product is built around.
Problem they solve
Penpot is the open source design and prototyping platform that runs in the browser and can be self-hosted. It's the Figma alternative that gives design teams full control over their data and workflow — with SVG-based fi… The category has historically been served by tools that miss the modern workflow this product is built around.
Key differentiator
Penpot differentiates on open source design tool for cross-functional teams. Backed by Decibel + Athos Capital, $8M raised — the company has resources + validation to compound this thesis. Founded by Pablo Ruiz-Múzquiz + team.
Go-to-market strategy
Series-A scaling stage — building outbound sales motion, hiring first AEs, layering on customer success. Mix of PLG (where the product allows) + direct sales for higher-ACV deals.
Penpot website preview
Company facts
- Category
- Dev Tools
- Funding stage
- Series A
- Total raised
- $8M
- Founded
- 2015
- Team size
- 50–100
- HQ
- Madrid
- Country
- Spain
- Website
- penpot.app
Founders of Penpot
- Pablo Ruiz-Múzquiz
- Andrey Antukh
Investors backing Penpot
- Decibel
- Athos Capital
Frequently asked questions
What does Penpot do?
Penpot is the open source design and prototyping platform that runs in the browser and can be self-hosted. It's the Figma alternative that gives design teams full control over their data and workflow — with SVG-based files, real-time collaboration, developer handoff, and no vendor lock-in. Used by 500,000+ designers worldwide.
Where is Penpot based?
Penpot is based in Madrid, Spain.
When was Penpot founded?
Penpot was founded in 2015.
How much has Penpot raised?
Penpot has raised $8M in their Series A round.
Who founded Penpot?
Penpot was founded by Pablo Ruiz-Múzquiz, Andrey Antukh.
Who has invested in Penpot?
Penpot is backed by Decibel, Athos Capital.