Portkey vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $15M Series A (Elevation Capital, Lightspeed) Feb 2026. Gateway open-sourced Mar 2026. Processing 1T+ tokens/day across 24,000+ orgs. Manages $180M+ annualized AI spend.
About
Portkey is an AI gateway and observability platform that sits in the traffic path between enterprises and AI model APIs — routing, governing, monitoring, and cost-managing every LLM request in production. The company raised $15 million in Series A financing in February 2026 from Elevation Capital and Lightspeed Venture Partners, followed by open-sourcing its gateway in March 2026, driving adoption acceleration across its already 24,000+ organization user base. The platform processes over 1 trillion tokens per day and manages $180 million+ in annualized AI API spend.
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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