DesignCrowd

Last updated

DesignCrowd Pty Ltd
Company typeProprietary Limited
Industry Graphic design, Crowdsourcing Web design
Founded Sydney, Australia (2007 (2007))
FounderAlec Lynch (CEO)
Headquarters
Sydney
,
Australia
Number of locations
 Australia, Philippines, United States
Key people
  • Garry Visontay
  • Anthony James Glenning
  • Craig Blair
Website www.designcrowd.com

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

Contents

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 to buy and sell 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 201,5 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

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References

  1. ↑ "DesignCrowd Pty Ltd - Company Profile and News". Bloomberg.com. Retrieved 22 October 2020.
  2. ↑ Palmer-Derrien, Stephanie (2 February 2021). "Aussie startup DesignCrowd raises $10 million to boost DIY design offering for small business". SmartCompany. Retrieved 27 September 2022.
  3. ↑ Hall, Phil (30 September 2013). "Alec Lynch, co-founder and CEO of DesignCrowd, Sydney, Australia". Business Superstar. Archived from the original on 8 July 2014. Retrieved 21 July 2014.
  4. ↑ Bailey, Michael (7 March 2016). "DesignCrowd dominance highlights our marketplace hub". Australian Financial Review . Retrieved 21 July 2014.
  5. ↑ Moses, Asher (3 November 2011). "Aussie tech gold rush: 'nothing off limits'". The Sydney Morning Herald . Retrieved 21 July 2014.
  6. ↑ Greg Kumparak, "Brandstack Pulled From The Deadpool, Acquired By DesignCrowd", "Techcrunch"
  7. ↑ Michelle Hammond. "DesignCrowd Acquires Brandstack, Launched BrandCrowd" Archived 29 July 2014 at the Wayback Machine "StartUp Smart"
  8. ↑ Kennedy, Stuart (17 June 2014). "DesignCrowd reckons deal worth wait". The Australian . Retrieved 21 July 2014.
  9. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 22 October 2020.
  10. ↑ "AirTree Ventures invests $6 million in DesignCrowd". Australian Financial Review. 4 February 2015. Retrieved 22 October 2020.
  11. ↑ Palmer-Derrien, Stephanie (2 February 2021). "Aussie startup DesignCrowd raises $10 million to boost DIY design offering for small business". SmartCompany. Retrieved 27 September 2022.
  12. ↑ "Top entrepreneurs honoured at Sydney awards night". Ernst & Young. 8 August 2014. Retrieved 8 August 2014.
  13. ↑ "Deloitte Technology Fast 50 Winners' report". Deloitte . Retrieved 11 February 2015.
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