
InVision was owned by InVisionApp Inc., a New York venture-backed company founded in 2011 by Clark Valberg and Ben Nadel. The brand's cloud prototyping tools were used by most of the Fortune 100 before losing share to Figma. Its Freehand product was sold to Miro in 2023, and all remaining InVision services were discontinued on December 31, 2024.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| InVision | InVisionApp Inc. | Wholly owned |
InVision launched in 2011 with a narrow pitch: upload static designs, link screens together with hotspots, and get a clickable prototype plus threaded comments. For teams designing in Sketch or Photoshop, it solved a real workflow gap, and adoption spread virally through design communities and agencies.
The brand grew into an ecosystem through the mid-2010s. Craft plugins embedded InVision inside Sketch and Photoshop. Enterprise plans added design system management, advanced permissions and workflow features. By 2018 the brand claimed usage across the entire Fortune 100.
The turning point came with Figma's rise. Figma's browser editor built prototyping directly into the design tool, removing the export step that defined InVision's value. InVision's answer, the Studio design tool launched in 2018, arrived late and never caught the incumbents. Freehand, its 2019 whiteboard, found traction during the remote work shift but was sold to Miro in 2023.
In January 2024 InVision announced the end of its design collaboration services, giving customers until December 31, 2024 to migrate. The brand that once defined cloud prototyping now exists only in archives and legacy reviews.
The decline was slow enough to document in public. Funding announcements stopped after 2018, layoff rounds became recurring news, and the product cadence visibly slowed as engineering talent moved to Figma and other competitors. Enterprise contracts kept revenue alive for a time, but renewals eroded as design teams standardized on integrated platforms. By the time the shutdown notice arrived, most of the market had already moved on.
No. InVision discontinued all of its design collaboration services on December 31, 2024. Its Freehand whiteboard product was sold to Miro in late 2023 and continues there.
InVision lost its core market to Figma, which combined design and prototyping in a single browser-based tool. After years of declining usage, layoffs and an unsuccessful expansion into a full design platform, the company sold its remaining growth product and wound down.
Clark Valberg and Ben Nadel founded InVision in New York in 2011. Valberg served as CEO for most of the company's history before Michael Shenkman took over in its final years.
InVision was valued at $2 billion following a $115 million Series F round in 2018. It raised more than $350 million in total venture funding.
Miro acquired Freehand in the fall of 2023, before InVision's broader shutdown. The product continues to operate inside Miro's platform.
Most former InVision users moved to Figma, which now dominates UI design and prototyping. Other alternatives include Axure, ProtoPie and Framer.
No direct competitors found in the same category. This could be because InVisionoperates in a unique market segment or we're still building our competitor database.
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