New York-based global private equity and venture capital firm Insight Partners has led a $15 million Series A funding round in Copenhagen-based Uizard, a AI-powered digital design assistant for non-designers, with participation from Mariano Suarez-Battan, CEO and co-founder of Mural, and existing investors ByFounders, LDV Capital and Av8 Ventures.
Uizard is an AI-powered design tool create digital products such as mobile apps, websites and desktop software.
“Regardless of industry, virtually every company today is a software company,” said Tony Beltramelli, CEO and co-founder of Uizard. “With this new round of funding, Uizard will be able to make key hires to help us scale our platform globally. Every company needs to design user-friendly software either to serve its customers or to serve its staff and operations.”
“We at Insight are excited about Uizard’s vision of enabling a new wave of citizen designers by harnessing the power of AI in their intuitive and powerful app-building design platform,” said Nikhil Sachdev, managing director at Insight Partners. “We’re thrilled to play a part in the company’s growth story and look forward to working together to help them become a category leader.”