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Phase raises $13M to speed up the UX design process with its no-code platform

Phase has raised $13 million to enhance the UX design process through its no-code platform, enabling designers to create interactive prototypes without coding. Founded by Nick Budden, the startup aims to streamline design tasks and has already launched its first product in South Korea, showing rapid adoption among designers.

Key points

  • Phase raised $13 million from various investors to develop a no-code platform for UX/UI design.
  • Nick Budden founded Phase in 2017 to reduce inefficiencies in the design process.
  • The platform allows designers to create fully interactive prototypes without coding.
  • Phase's first product competes with Adobe After Effects and Figma and can export production-ready code.
  • The company plans to release three additional tools to extend its design capabilities.
  • Phase launched its platform in South Korea, gaining quick traction with over 10,000 testers.
  • The company aims to expand into U.S. and European markets following its beta phase.

Why it matters

  • The rise of no-code platforms aligns with the trend towards democratization in tech, enabling non-developers to create digital products.
  • In 2025, no-code development tools are expected to become more mainstream, enhancing productivity and fostering innovation.
  • The startup's success in South Korea reflects the importance of community-driven design tool adoption seen in current tech trends.

Phase's funding and innovative platform underscore the growing demand for efficient design tools in the tech industry, positioning the startup well for future growth amidst evolving UX/UI development needs.