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Figr bags $2.25 Mn in seed round led by Kalaari

Entrackr · 1m

Bengaluru-based startup Figr has raised $2.25 million in a Seed round led by Kalaari Capital, with participation from Antler, Golden Sparrow, and angel investors. The proceeds will be used to enhance Figr’s core technology, particularly its custom AI models for UI/UX design. Additionally, the company plans to expand its product and growth teams. Founded by Moksh Garg and Chirag Singla, Figr is an AI-powered design platform changing how product teams create user interfaces. It uses advanced AI to transform rough ideas into polished UI designs, enabling teams to work more efficiently and creatively. The brand claims to have over 75,000 signups and processed more than 500,000 queries. Notably, 80% of its users are based outside India, underlining its global appeal. Figr was selected for the Google for Startups Accelerator: AI First cohort and plans to expand its product and growth teams, to reach $1 million in annual recurring revenue within the next year.