What is ProtoPie?
ProtoPie is a leading-edge tool designed for the creation of highly interactive prototypes across a spectrum of digital platforms, including mobile, desktop, web, and the Internet of Things (IoT). It empowers individuals and teams to accelerate their ideation, iteration, and innovation processes, effectively addressing contemporary design challenges and paving the way for the development of next-generation digital products.
The company's intuitive software facilitates a faster design-to-realization workflow, positioning ProtoPie as a critical asset for businesses aiming to enhance their user experience and product development cycles.
How much funding has ProtoPie raised?
ProtoPie has raised a total of $35.3M across 3 funding rounds:
Series A
$6.3M
Other Financing Round
$8M
Series B
$21M
Series A (2020): $6.3M with participation from Vela Partners
Other Financing Round (2022): $8M led by HB Investment Management and LB Investment
Series B (2025): $21M supported by HB Investment, BSK Investment, Korea Development Bank, and LB Investment
Key Investors in ProtoPie
HB Investment
HB Investment is a venture capital firm that invests in small and medium businesses with growth potential, offering consulting services to foster their development across various sectors including technology, entertainment, and healthcare.
Korea Development Bank
Korea Development Bank is a state-owned policy bank focused on financing and managing major industrial projects to drive economic development and enhance national competitiveness, providing capital for strategic industries and corporate restructuring.
LB Investment
LB Investment is a venture capital firm that invests in transformative technologies and groundbreaking innovations, focusing on deep-tech, healthcare, and digital transformation to drive global innovation.
What's next for ProtoPie?
With the recent major strategic investment and substantial overall funding, ProtoPie is well-positioned for aggressive expansion and further product development. The company is likely to leverage this capital to enhance its core prototyping capabilities, potentially exploring new features for advanced interactions or expanding support for emerging technologies.
Strategic partnerships and market penetration initiatives are also probable next steps, aiming to solidify ProtoPie's dominance in the UI/UX design tool market. Continued investment in research and development will be crucial to maintaining its competitive edge and adapting to the evolving landscape of digital product design.
