Losant vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
IoT application enablement platform with workflow automation and real-time dashboards; device management and edge computing for industrial and enterprise connected product applications.
About
Losant is an IoT application enablement platform providing connectivity, data collection, visualization, and workflow automation infrastructure for industrial and enterprise IoT applications. Founded in 2015 in Cincinnati, Ohio and bootstrapped to profitability before raising external funding, Losant serves manufacturers, utilities, and technology companies building connected product and industrial monitoring solutions that require reliable device management and real-time data processing.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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