🏆 Deal of the Week · CW 16/2022
Gravity Sketch raised USD 33 million in a Series A round in April 2022; the post-money valuation was not disclosed. The round was co-led by Accel and Kindred Capital, with participation from a broad syndicate of institutional and angel investors.
Gravity Sketch — key deal facts
| Company | Gravity Sketch |
| Founded | 2014 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 33M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | Accel (https://www.accel.com/) Forward Partners Kevin Durant Kindred Capital (https://kindredcapital.vc/) Paul Robson Point Nine (https://www.pointnine.com/) Rich Kleiman Soleio Cuervo Will Smith |
| Sectors | 3D Technology |
Who invested in Gravity Sketch?
The investor base spans institutional venture firms and high-profile individual backers: Accel, Forward Partners, Kindred Capital, and Point Nine anchored the round, while Kevin Durant, Rich Kleiman, Will Smith, Soleio Cuervo, and Paul Robson joined as angel investors. The combination of leading European and transatlantic VCs alongside entertainment and sports figures reflects the platform's crossover appeal beyond traditional enterprise design markets. Point Nine's presence adds further validation from a firm with a strong track record in SaaS and collaboration tools.
What does Gravity Sketch do?
Gravity Sketch is a London-based 3D design and collaboration platform that enables cross-disciplinary product teams to create, review, and iterate on 3D objects within a shared virtual environment. Its core offering is an immersive VR application for freeform sketching and solid modeling, complemented by a desktop app for non-VR access and a web application (GS Web) that handles cloud storage and file management. The company was founded in 2014 by Oluwaseyi Sosanya, Daniela Paredes Fuentes, and Daniel Thomas, with the concept originating as a master's thesis project at the Royal College of Art and Imperial College London. Its customers span automotive, footwear, industrial design, and aerospace sectors, where distributed teams require real-time 3D collaboration at the concept and pre-production stage.
Gravity Sketch valuation & multiples
No existing multiples analysis was provided for this deal. Comparable 3D design and collaboration software transactions are typically benchmarked on EV/Sales and EV/EBITDA multiples; readers can consult Venionaire DealMatrix's 3D Technology sector multiples pages for the relevant valuation ranges and peer group analysis.
Explore the benchmarks: Series A.
Frequently asked questions
How much did Gravity Sketch raise in its Series A?
Gravity Sketch raised USD 33 million in its Series A round, announced in April 2022.
What is Gravity Sketch's valuation?
Gravity Sketch's post-money valuation was not disclosed in connection with its Series A financing.
Who invested in Gravity Sketch?
The round was backed by Accel, Forward Partners, Kindred Capital, and Point Nine on the institutional side, joined by angel investors Kevin Durant, Rich Kleiman, Will Smith, Soleio Cuervo, and Paul Robson.
When was Gravity Sketch founded and where is it based?
Gravity Sketch was founded in 2014 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.