Studio Raises $800K in Seed Funding

Studio, a Provo, Utah-based mobile social design platform that allows users to create and share designs, raised $800 in seed funding.

The round was led by Peak Ventures, with participation from CrunchFund, SV Angel and Kickstart Seed Fund.

Led by Joe Wilson, Kevin Heap and Spencer Smith, Studio allows allows users to choose from a collection of pre-made designs and apply those designs to personal photos. The app offers hundreds of free design elements to color, scale and position.
Launched in August 2013, the Studio app – distributed on the iTunes App Store – has been downloaded by more than 1 million users, who have created more than 1.3 million designs, with nearly 2 million social shares on Facebook, Twitter, Instagram and Pinterest.

FinSMEs

25/09/2013

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