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.
- Location
- Madrid, Spain
- Raised
- $8M
- Stage
- Series A
- Founded
- 2015
- Category
- Dev Tools
- Funding
- VC-backed
- Team
- 50–100
Funding figures as of Jul 2025 · not independently verified
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 as of Jul 2025.
Who founded Penpot?
Penpot was founded by Pablo Ruiz-Múzquiz, Andrey Antukh.
Who has invested in Penpot?
Penpot is backed by Decibel, Athos Capital.
How Penpot would pitch themselves
○ Auto-generated01Target customer
Cross-functional teams — the core audience Penpot's product is built around.
02Problem 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.
03Key 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.
04Go-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.