Series A19 April 2022

Gravity Sketch raises £25.3m in Series A funding led by Accel to accelerate product development

Accel led the Series A round with participation from GV, existing investors, and various angel backers.

£25.3MSeries A

Gravity Sketch provides a cross platform 3D design and collaboration tool that helps teams move from traditional two-dimensional workflows to three-dimensional ideation.

Gravity Sketch has secured £25.3m in a Series A funding round led by Accel. The capital will be used to accelerate product development, expand collaboration features, and scale the company commercial teams.

Participation in the round came from GV alongside existing backers Kindred Capital, Point Nine, and Forward Partners. A group of angel investors also joined the raise, including Tony Fadell, Kevin Durant and Rich Kleiman through Thirty Five Ventures, Paul Robson, and Supercell.

The company has experienced significant growth recently, reporting a fourfold increase in revenue over the past twelve months and accumulating over one million downloads across its platform.

From the founder

"3D design is the backbone of our consumer economy; integral to the production of every car we drive, every shoe we wear, every film we watch, and every video game we play. Yet the modern design process remains inefficient, convoluted and costly, with teams forced to alternate between 2D and 3D tools not fit for purpose in our hyper-collaborative, remote-working era. At Gravity Sketch, our aim is to combat these challenges by empowering teams to create and communicate their 3D ideas in the quickest and most intuitive ways possible — whether they’re designers or otherwise. We’re excited to continue disrupting 3D design with this new investment round."

Seyi Sosanya

co-founder and CEO at Gravity Sketch

Investor perspective

"In today’s climate, online collaboration tools have emerged as a necessity for businesses that want to stay agile and connect their teams in the most interactive, authentic and productive way possible. Design is no different, and we’ve been blown away by Gravity Sketch’s innovative, forward-looking suite of collaboration design tools that are already revolutionising workflows across numerous industries. Moreover, we expect that 3D design – coupled with the advent of virtual reality – will only grow in importance as brands race to build the emerging metaverse. The early organic traction and tier one brands that Oluwaseyi, Daniela and the Gravity Sketch team have already secured as customers are extremely impressive. We’re excited to partner with them and help them realise their dream of a more efficient, sustainable and democratic design world."