Diagram

Diagram

Magical new ways to design products.

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DateInvestorsAmountRound
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Total Funding000k

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Revenues, earnings & profits over time
USD2023
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EBITDA0000
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EV0000
EV / revenue00.0x
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R&D budget0000

Source: Dealroom estimates

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More about Diagram
Made with AI
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Diagram operates at the intersection of design and artificial intelligence, developing tools to augment and automate the user interface design process. The company was founded in 2021 by Jordan Singer, a product designer and developer. Singer's background uniquely positioned him to start Diagram; he taught himself to code and design by reverse-engineering websites like Apple's and spent four years as a product designer at Square's Cash App to understand how design teams function at scale. This journey reflects his philosophy of iterative building and solving problems he personally encounters.

The company's core business revolves around creating AI-powered plugins and tools for the popular design platform, Figma. These tools are targeted at product designers, product teams, and developers at companies of all sizes, including major players like Uber, Netflix, and Meta. Diagram's product suite, which included tools named Magician, Genius, Automator, and Prototyper, was designed to streamline workflows by automating repetitive tasks. Specific features enabled users to generate editable UI designs from text descriptions, automatically rename layers, remove image backgrounds, and generate text content, thereby accelerating the design and iteration process. The business model was based on selling these tools, and the company iterated on its pricing structure based on early user feedback.

Diagram's trajectory saw a significant milestone on May 2, 2022, when it secured $3 million in a seed funding round. The round was led by Ludlow Ventures and included participation from notable institutional investors like Weekend Fund and angel investor Lachy Groom. This investment validated the market's interest in AI-driven design automation. Less than two years after its founding, Diagram was acquired by Figma on June 21, 2023. The acquisition was a strategic move by Figma to deepen its AI capabilities and integrate Diagram's technology directly into its core platform. Following the acquisition, founder Jordan Singer joined Figma as a Product Designer, continuing his work on building the next generation of AI design tools.

Keywords: AI design tools, Figma plugins, UI design automation, generative design, design workflow, user interface design, Jordan Singer, design automation, prototyper, AI-powered design, design asset generation, UI creation, product design software, Figma AI, design process streamlining, Automator, Magician, Genius, UI-AI, design tool development, seed funding, software acquisition

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