LottieLab secures £4m in a seed round led by Point Nine to develop its motion design platform.
The seed round was led by Point Nine with backing from 20VC and Entrepreneur First.
$4.0MSeed
LottieLab is a browser-based motion design and collaboration platform that provides an alternative to traditional animation workflows. The company enables product teams to build and deploy animations without relying on legacy software.
London-based motion design platform LottieLab has secured £4m in a seed round led by Point Nine. The investment will support the company as it looks to expand its team and develop its browser-based animation editor. Additional backers in the round include 20VC, Entrepreneur First, and a cohort of prominent technology executives and founders.
From the founder
"I’m a big fan of sharing funny GIFs with friends, but for high quality product animations, we need a format and tool that’s fit for purpose. With LottieLab, we are decluttering the motion design process and bringing it into the 21st century. LottieLab has all the benefits of modern design tools fit for today’s product development teams; being web-based, collaborative and simple, and crucially, there’s no After Effects qualification needed to use it. This is one of the first steps we are taking towards our mission of democratising motion design for everyone, everywhere and to create a world of storytellers, making the web more fun through animations. I’m over-the-moon that Point Nine and our other investors have decided to join us on this journey."
AO
Andrew Ologunebi
CEO at LottieLab
Investor perspective
"Tools like Figma and Canva have democratized creative design for millions of people, but when it comes to animations, things haven’t changed much in the last decade. We’re thrilled about LottieLab’s vision of democratising motion design and we’re excited to work with them as we drive towards a future of making animations easier for all."
CJ
Christoph Janz
partner, Point Nine
Use of funds
- 01Grow the team
- 02Continue product development
