Can they convert 11k designer installs to revenue, $40m+ valuation?

Updated: November 19th, 2023

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  • Dan LaCivita, Michael Ferdman, Eric Eng, and JoonYong Park are the founders of Play, an iOS design tool.
  • Play is revolutionizing how teams develop mobile products by enabling them to Design, prototype, and collaborate directly from their phones.
  • Users can design, iterate and experience their work as they create it while taking full advantage of native iOS features to bring the product to life.
  • Play raised pre-seed and seed round financing in 2021.
  • Play was listed on the iOS App store in Q3 of 2021 and currently generates a $2.33M MRR.
  • The business focuses mainly on customer acquisition and retention as its growth strategy.

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