Skip to page content

Portland software startup snags $5.5M from investors


money capital investment
Portland startup Knapsack raised $5.5 million.
Alan Schein Photography

Portland software startup Knapsack raised $5.5 million from investors that will be used for hiring, product development and marketing.

This round was led by Gradient Ventures and included Parade Ventures, Crosslink Capital, Founder Collective and Slack Fund, according to a news release.

The company has built what it calls a design systems platform. It’s essentially a library of reusable parts that can be assembled into new apps based on the pieces used.


Want more Portland startup and innovation news? Sign-up for The Beat delivered to your inbox twice weekly


For example, if a consumer brand has already built its own app ecosystem there are common pieces across products, like a button or some other design feature. Instead of building that button from scratch every time for each new app added to the ecosystem, Knapsack creates a pattern for a button and the different variations it could have — such as color, typography, shape — and those pieces can be dropped into the new app build.

“Design systems play a central role in democratizing the way we create and contribute to the apps and websites that make up digital ecosystems,“ said Chris Strahl, co-founder and CEO, in a written statement. “Knapsack provides the infrastructure organizations need to realize both efficiency and quality gains made possible by building with reusable user interface patterns.”

The company has about a dozen employees. The founding team comes out of the agency world, which is where they first saw the need for such a platform.

It is hiring across sales, product marketing and software development, according to its website.

"The pandemic threw digital products to the forefront of our lives. From health care to workplace collaboration, we depend on digital products daily. Yet, how we build these experiences remains incredibly outdated," said Wen-Wen Lam, partner at Gradient Ventures, in a written statement. "By making code more accessible to non-technical disciplines, Knapsack empowers everyone to build digital products."


Keep Digging

Profiles
News
News
Profiles
News


SpotlightMore

A view of the Portland skyline from the east end of the Morrison Bridge. The City Club of Portland will tackle the state of local architecture at its Friday forum this week.
See More
Image via Getty
See More
Image via Getty Images
See More
See More

Want to stay ahead of who & what is next? Sent twice a week, the Beat is your definitive look at Portland’s innovation economy, offering news, analysis & more on the people, companies & ideas driving your city forward. Follow The Beat

Sign Up