Design and animation startup LottieFiles recently announced that it has raised an undisclosed amount of seed funding from Adobe Fund for Design and 500 startups.
LottlieFiles is the creator of the animation file format dotLottie. dotLottie on an average is 600% smaller than the traditional GIF format.
With the new funds, the company plans to work towards R&D and in making the file format even more capable and continue to invest in making its workflow platform and community even more powerful.
The startup currently has offices across San Francisco and Kuala Lumpur, and a user base across 60+ countries. The company currently made its platform available to over 32,000 companies worldwide including Airbnb, Google, Tiktok, Hotstar, and Swiggy.
The company was founded in 2019 by Kshitij Minglani and Nattu Adnan. Kshitij Minglani is a serial entrepreneur who sold his last venture HomeBuy360 in India to Housing.com. Nattu Adnan is a seasoned entrepreneur, and has built several tech startups across Southeast Asia.
Talking about the company, Co-founder and CTO Nattu Adnan said, “The learning curve of design and related tools is steep, and implementing interactive content across platforms is a tenuous process for developers. To counter these inefficiencies, we have made LottieFiles super intuitive and one can perform most functions across the platform without writing a single line of code.”
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