GRAVIT, the new web-based vector design tool, just launched version 3 and announces investment from HTGF
January 12, 2016
Gravit, the world’s first web-based vector design tool, just launched its third major version and announces a seed funding of six digits from the German investor High-Tech Gründerfonds (HTGF). The new version offers features that will allow everyone, be it a beginner or a professional, to easily create great designs — whether it’s your company’s new logo, a Facebook cover, or your next website, Gravit can help you. Gravit is free and has basic features that are catered to those who are not familiar with design software, and also has many advanced features that a professional would find handy and useful in his everyday work.
In May 2015 Gravit released the first invite-only beta version and launched the second version for the public in September 2015, which allowed it to double its user base in only one day. Gravit is the first professional design tool that will be working in any web browser and on any device. The product takes a pioneering role in the design field and brings professional design features into the Web. “We’ve built Gravit as a web-based product on purpose, to give easier access to design software and make the processes behind design simpler,” says Alexander Adam, founder and CEO of Gravit. “We are working closely with our user community to build Gravit, as it’s needed and desired,” he continues.
Gravit not only offers a design tool with an easy-to-use interface, it also saves the designs automatically in the cloud so they could be easily shared with other users and user groups. People can view and comment on the designs and even edit them, a workflow similar to the one that Google Docs currently offers. This facilitates the collaboration between designers and clients. “Most companies have an increasing need to use simple solutions to work on designs together. Every company, startup, or agency should be able to collaborate on designs in their teams and with their customers,” mentions Michael Wieser, Senior Investment Manager at HTGF. “We will support Gravit to change the design world and help everyone to create designs and edit them without learning complex design tools like Adobe Illustrator or InDesign,” he continues.
The investment will help Gravit to enhance the product and launch a design marketplace, which will offer design templates so that users could easily purchase and adjust them to their needs.
Gravit was created in February 2014 as a vector editor. Since then it evolved into a robust design tool that can work in any browser. The simple user interface allows everyone to create designs and use professional design features, such as Boolean operations, smart shapes and 40+ live effects. All designs are automatically saved in the Gravit cloud and can be shared with other users. Gravit is free and offers 500 MB of storage space.
Phone: +49 (0) 160 434 629 0
About High-Tech Gründerfonds
High-Tech Gruenderfonds invests in young, high potential high-tech start-ups. The seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch. Typically, High-Tech Gruenderfonds invests EUR 600,000 in the seed stage, with the potential for up to a total of EUR 2 million per portfolio company in follow-on financing. Investors in this public/private partnership include the Federal Ministry of Economics and Energy, the KfW Banking Group, as well as strategic corporate investors including ALTANA, BASF, Bayer, B. Braun, Robert Bosch, CEWE, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Lanxess, media + more venture Beteiligungs GmbH & Co. KG, METRO, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. High-Tech Gruenderfonds has about EUR 576 million under management in two funds (EUR 272 million HTGF I, EUR 304 million HTGF II).