Bengaluru-based AI product design startup Figr has raised $2.25 million in a seed funding round led by Kalaari Capital, with participation from Antler, Golden Sparrow, and several angel investors.
The funding will be used to enhance Figr's AI-powered design platform and support the expansion of its product and growth teams.
Figr aims to streamline the design process for UI/UX professionals worldwide by automating non-creative tasks and allowing designers to focus on the creative aspects of their work.
With over 75,000 signups and more than 500,000 queries processed on its platform, Figr plans to achieve $1 million in annual recurring revenue within the next year.