Sketch raises $20M in Series A funding

Re:Sketch raises $20M in Series A funding by yazr on Sunday March 17, 2019 @10:38AM (#19414226)

Can anyone estimate how much revenue/users Sketch has?

A great sustainable comfortable product company. But its a developer tool, so of course we will get endless competitors products. So we need capital. So VC are now in a position to offer offers. And we get a bloodbath ?

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Re:Sketch raises $20M in Series A funding by ryanSrich on Sunday March 17, 2019 @12:15PM (#19414735)

I really don’t see how sketch has any less than 1m users. It’s so ubiquitous across the industry. It was the first photoshop “killer” in the market and that really made people switch from CS/CC. Schools are now starting with sketch instead of illustrator for product and UI design. It’s a massively popular product already. I don’t see why they need the series A and I also don’t see what good can come from it.

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Re:Sketch raises $20M in Series A funding by wousser on Sunday March 17, 2019 @01:03PM (#19414984)

In 2018 Sketch crossed 1,000,000 paying customers. Sketch license is $99/year.

See their official announcement: https://blog.sketchapp.com/sketch-raises-20m-in-series-a-fun...

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Re:Sketch raises $20M in Series A funding by chdaniel on Monday March 18, 2019 @10:55AM (#19421546)

They offer education discount as well for $50/yr plus the $69/yr renewal someone else mentioned. So it’s definitely not a clear $100M mark but I’d say they’re doing good

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Re:Sketch raises $20M in Series A funding by alekseypo on Sunday March 17, 2019 @02:09PM (#19415364)

I believe it's $69 to renew an existing license.

As an aside, really like having it native, main reason why I haven't switched to Figma.

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Re:Sketch raises $20M in Series A funding by proee on Sunday March 17, 2019 @03:04PM (#19415740)

Why do they need to raise money with this much revenue?

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