DesignCrowd explained

DesignCrowd Pty Ltd
Type:Proprietary Limited
Industry:Graphic design, CrowdsourcingWeb design
Foundation:Sydney, Australia
Founder:Alec Lynch (CEO)
Location City:Sydney
Location Country:Australia
Locations:Australia, Philippines, United States

DesignCrowd is an online crowdsourcing platform founded in 2007.[1] Its main product is online software called BrandCrowd which enables users to create design assets, such as logos and websites.[2]

History

DesignCrowd was launched in January 2008 by Alec Lynch.[3] [4] DesignCrowd was started in Sydney, Australia.

The company has received funding from Starfish Ventures.[5] On 20 December 2011, DesignCrowd acquired Brandstack,[6] a stock logo template marketplace for buying and selling logo templates and graphic designs. Following the acquisition, Brandstack's name was changed to "BrandCrowd."[7] In 2014, DesignCrowd announced that it had acquired community design contest website Worth1000 for an undisclosed amount.[8] The company expanded to Philippines in 2014.[9] In 2015, AirTree Ventures invested $6 million in DesignCrowd.[10]

Investors behind DesignCrowd have included Perennial Value Management, Alium Capital, Ellerston Capital, Regal Funds Management and CVC.[11]

Awards and achievements

External links

Notes and References

  1. Web site: DesignCrowd Pty Ltd - Company Profile and News. 2020-10-22. Bloomberg.com. en.
  2. Web site: Palmer-Derrien . Stephanie . 2021-02-02 . Aussie startup DesignCrowd raises $10 million to boost DIY design offering for small business . 2022-09-27 . SmartCompany . en-US.
  3. Web site: Alec Lynch, co-founder and CEO of DesignCrowd, Sydney, Australia. Hall. Phil. 30 September 2013. Business Superstar. 21 July 2014. 8 July 2014. https://web.archive.org/web/20140708124524/http://www.business-superstar.com/superstar-of-the-week/alec-lynch-cofounder-and-ceo-of-designcrowd-sydney-australia/. dead.
  4. Web site: DesignCrowd dominance highlights our marketplace hub. Bailey. Michael. 7 March 2016. Australian Financial Review. 21 July 2014.
  5. Web site: Aussie tech gold rush: 'nothing off limits'. 3 November 2011. Asher. Moses. The Sydney Morning Herald. 21 July 2014.
  6. Greg Kumparak, "Brandstack Pulled From The Deadpool, Acquired By DesignCrowd", "Techcrunch"
  7. Michelle Hammond. "DesignCrowd Acquires Brandstack, Launched BrandCrowd" "StartUp Smart"
  8. Web site: DesignCrowd reckons deal worth wait. 17 June 2014. Stuart. Kennedy. The Australian. 21 July 2014.
  9. Web site: Tech in Asia - Connecting Asia's startup ecosystem. 2020-10-22. www.techinasia.com. en-US.
  10. Web site: 2015-02-04. AirTree Ventures invests $6 million in DesignCrowd. 2020-10-22. Australian Financial Review. en.
  11. Web site: Palmer-Derrien . Stephanie . 2021-02-02 . Aussie startup DesignCrowd raises $10 million to boost DIY design offering for small business . 2022-09-27 . SmartCompany . en-US.
  12. Web site: Top entrepreneurs honoured at Sydney awards night. 8 August 2014. Ernst & Young. 8 August 2014.
  13. Web site: Deloitte Technology Fast 50 Winners' report. Deloitte. 11 February 2015.

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