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InVision

InVision

Digital product design and collaboration platform

About

InVision provides a digital product design platform that helps creative teams work together effectively. The platform includes tools for every stage of the design process, from brainstorming ideas to creating prototypes and gathering feedback. Users can collaborate in real-time, making it easier for designers, product managers, and developers to share their work and ideas. InVision stands out from its competitors by being fully remote, which allows teams to work flexibly from anywhere. The company also focuses on the growth of its employees by offering support for home office setups and personal development. InVision aims to create an inclusive and collaborative environment for its users and employees.

Company Stage

Series F

Employees

201-500

Industries

Consumer Software, Design

Total Funding

$301.2M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • InVision's historical success and significant funding rounds, including $100M Series E and $115M Series F, highlight its strong financial backing.
  • The acquisition of Freehand by Miro indicates the value and potential of InVision's innovations in the collaborative design space.
  • InVision's partnerships with major companies like AWS, Asana, and Atlassian reflect its influence and integration within the industry.

What critics are saying

  • The shutdown of InVision's design collaboration services signals a significant decline in its market position, overshadowed by competitors like Figma.
  • The sale of key assets like Freehand to Miro may indicate a strategic retreat from core business areas.

What makes InVision unique

  • InVision was a pioneer in the UX design space, setting industry standards before competitors like Figma emerged.
  • The company’s Freehand app, which was recently acquired by Miro, showcased its innovative approach to digital whiteboarding.
  • InVision's platform was recognized for its productivity and collaboration capabilities, winning accolades such as the Webby Awards.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-22%

2 year growth

-34%

Benefits

Monthly allowance to support every aspect of living your best remote life, including: coffee, snacks, or lunch; a trip to the spa, salon, or barbershop; house cleaning; or groceries

Monthly wellness reimbursement

New hire home office budget with a refreshed home office budget after two years for an office chair, desk, or other equipment

Annual funds towards self-development, including relevant books, magazines, memberships, and subscriptions

Free Headspace account

Parental leave

Fertility care and support

Reimbursement for nursing-related costs during business travel

Family caregiving support

Peer recognition budget

Charitable donation matching

Flexible paid-time off

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