tldraw

tldraw

About tldraw

Simplify's Rating
Why tldraw is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Education

Company Size

11-50

Company Stage

Series A

Total Funding

$13.7M

Headquarters

London, United Kingdom

Founded

2022

Overview

Company Does Not Provide H1B Sponsorship

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Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for no-login tools boosts TLDraw's market potential.
  • Open-source adoption in education supports TLDraw's growth opportunities.
  • Venture capital interest in open-source projects provides financial backing for TLDraw.

What critics are saying

  • Increased competition from rapidly growing open-source startups like Wasp.
  • Potential over-reliance on a small group of investors for funding.
  • No-login feature may raise security and privacy concerns for enterprise clients.

What makes tldraw unique

  • TLDraw offers a no-login collaborative whiteboard, enhancing user accessibility.
  • The platform is open-source, allowing developers to build and customize freely.
  • TLDraw supports multimedia integration, offering a versatile tool for diverse user needs.

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Funding

Total Funding

$13.7M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$9.4M
tldraw
$15M
Canva
$100M
GitHub

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 9%

1 year growth

↑ 0%

2 year growth

↑ 50%
tldraw
May 31st, 2024
tldraw raised another $2M

Today we announce the close of an insiders' extension round led by Amplify, Lux, and Tom Preston-Werner.

U.S. Securities and Exchange Commission
May 30th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Tech.eu
Jan 19th, 2024
These Are The Fastest-Growing Open-Source Startups In Europe Q4 2023

Now entering its fourth year of publication, each quarter Runa Capital tabulates figures gleaned from GitHub and releases the Runa Open Source Startup (ROSS) Index, a global tracker of the fastest-growing open-source startups.In Q4 2023, European open-source startups accounted for 25 percent, arguably 30 percent, of the ROSS Index top 20 operators.These are the top five (six, including an honourable mention) fastest-growing open-source startups in Europe Q4 2023.1. Wasp — Zagreb, CroatiaY Combinator-backed Wasp is a programming language for building full-stack web applications including enterprise web apps with less code and best practices. The company was founded by Martin Sosic and Matija Sosic in 2020 and has raised $1.5 million from investors including HV Capital and Lunar Ventures.2. Tldraw — London, United KingdomTldraw is a collaborative whiteboard that requires no login. The app's blank canvas allows for the drawing of lines or objects, writing of text and insertion of media including images, videos, or GIFs. The free-to-use app was launched in 2021 and has raised $2.7 million in a Lux Capital-led seed round.3

TechCrunch
Dec 16th, 2022
TLDraw offers a collaborative whiteboard without any login

TLDraw is a free and open source whiteboard tool that lets users collaborate without any account and lets developers build on it.

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