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PicMonkey
An online photo editing service
About PicMonkey
PicMonkey is a dynamic startup that specializes in online photo editing and graphic design tools. The company operates in the digital design market, catering primarily to small businesses, social media influencers, bloggers, and individual users who need easy-to-use yet powerful tools for creating visually appealing content.
PicMonkey offers a suite of features that include photo editing, collage making, and graphic design. Users can customize professionally crafted templates to create sleek invitations, business cards, social media posts, and more. The platform is designed to be user-friendly, making it accessible even for beginners. Key tools include alignment grids for precise design, a background remover, a variety of fonts, and the ability to edit text and images even after saving.
The business model is subscription-based, meaning users pay a recurring fee to access the full range of features. This model ensures a steady stream of revenue and allows the company to continually update and improve its offerings. PicMonkey also offers a free trial to attract new users, who often convert to paying customers after experiencing the platform's capabilities.
PicMonkey makes money through these subscription fees, which come in different tiers depending on the level of access and features a user needs. Additionally, the company may generate revenue through partnerships and collaborations with other businesses in the digital design space.
In summary, PicMonkey is a versatile and user-friendly platform that empowers users to create professional-quality designs with ease. It serves a diverse clientele, operates in the competitive digital design market, and relies on a subscription-based business model for revenue.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2012
- Headquarters
- Seattle, United States
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 65.9/100
- Industry
- Media, Enterprise Software
- Sub-industry
- Content production
- Sector
- Other B2B Software, Graphic Design, Entertainment, Neurology
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Sep 2021 | $110M | $110M | Shutterstock | — |
| GROWTH EQUITY VC✓Equity / VC | Jul 2015 | $41M | — | Spectrum Equity | — |
Growth signals
Latest recorded traffic for PicMonkey is 700K monthly website visits, up 18.6% over the last three months. PicMonkey's team declined 70% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Other known investors1 additional known investor
Shutterstock
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PicMonkey on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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