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penpotWhat its open source looked like when it raised

Penpot: The open-source design tool for design and code collaboration

Website
penpot.app
Repository
penpot/penpot
First commit
Stars today
59,416
Forks
4,027

The round

Series A announced 1 Jun 2022

$8M
Decibel
Source: company announcement, penpot.app

The repository was 77 months old on the day the round was announced.

Monthly reconstruction

GitHub stars, 1 Dec 2015 – 1 Apr 2026

124 observations · one per month

9,11018,22027,32036,430 1 Jun 2022 — round announced 10,304 40,659 2016Apr ’16Jul ’16Oct ’162017Apr ’17Jul ’17Oct ’172018Apr ’18Jul ’18Oct ’182019Apr ’19Jul ’19Oct ’192020Apr ’20Jul ’20Oct ’202021Apr ’21Jul ’21Oct ’212022Apr ’22Jul ’22Oct ’222023Apr ’23Jul ’23Oct ’232024Apr ’24Jul ’24Oct ’242025Apr ’25Jul ’25Oct ’252026Apr ’26
Stars, reconstructed month by month Funding announcement

What the curve says

Growth accelerated after the announcement

In the 365 days to 1 Jun 2022 the repository added 5,969 stars. In the 365 days after, it added 11,391 — a rate 1.9× higher.

10,304
stars on 1 Jun 2022, the last reading before the round
16.4/day
1 Jun 2021 – 1 Jun 2022, before
31.2/day
1 Jun 2022 – 1 Jun 2023, after

What this does not show

  • Stars measure attention, not revenue, adoption or retention.
  • Each point is a month-end reading reconstructed from public event data, not a direct observation. Movement inside a month is invisible here, and the level can be understated.
  • A single launch post can produce a step like this without any change in usage.

We have been recording penpot/penpot since 1 Dec 2015.

Finding companies at that stage is the product. Contributor pedigree, enterprise-demand signals and our ranking sit behind the login.

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