Knapsack

Software Development Applications · Portland, OR · Founded 2020 · Privately Held (backing)

Developer of a design system software designed to build pattern-based experiences from reusable design and code. Knapsack is based in Portland, OR and was founded in 2020. It was valued at $47.5 million at its later-stage round in Oct 2025, the last priced event on record. It has raised $20.5 million across 4 recorded rounds; the latest was a $10.5 million early-stage round in Apr 2025.

PMV mark · valuation
$47.5M
Oct 2026
Priced at
its later-stage round
Oct 2025
Total raised
$20.5M
Last round
Early Stage VC
Apr 2025

Knapsack key facts

as of Oct 2026
  • Developer of a design system software designed to build pattern-based experiences from reusable design and code.
  • Knapsack is valued at approximately $47.5M as of Oct 2026, set at its later-stage round, Oct 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $20.5M across 4 recorded rounds; the latest was Early Stage VC ($10.5M) in Apr 2025.
  • Notable investors include Alumni Ventures, Mana Ventures, Salesforce Ventures, Gaingels, Realm Capital Ventures — 17 tracked in total.
  • Knapsack has filed 5 Form Ds with the SEC since 2020, most recently May 2025 ($10.5M sold to 8 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$47.5M

Valued at $47.5M at its later-stage round, Oct 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Knapsack funding rounds

4 rounds
Apr 2025Early Stage VC$10.5MSEC filing▮
Aug 2023Seed Round$7.5M▮
Feb 2022Early Stage VC$7.5MSEC filing▮
Jan 2021Seed Round$2.3MSEC filing▮

Knapsack valuation

Knapsack was valued at $47.5 million at its later-stage round in Oct 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Knapsack raised?

Knapsack has raised $20.5 million across 4 recorded rounds since 2021. The largest was a $7.5 million seed round in Aug 2023; the most recent was a $10.5 million early-stage round in Apr 2025.

Knapsack has filed 5 Form Ds with the SEC since 2020, most recently in May 2025 ($10.5 million sold to 8 investors).

Knapsack investors

17 investors are on record for Knapsack, including Alumni Ventures, Mana Ventures, Salesforce Ventures and Gaingels. By type, the record holds 10 venture capital firms. The early-stage round in Apr 2025 drew 8 investors.

Comparable companies

Comparable software development applications names by valuation on PrivateMarketView: AidLux ($53.4 million), dltHub ($44 million) and Gentrace ($35 million).

About Knapsack

Developer of a design system software designed to build pattern-based experiences from reusable design and code. The company's software provides syncing designs to its software, then viewing them in context alongside the coded version of all components, managing multiple brands and templating languages in a single place, so that shipment of code is generated in a shorter time, enabling clients to adhere to accessibility, brand standards, and product teams to build pattern-based experiences from reusable design and code.

Industry
Software Development Applications
Sector
Information Technology
HQ
Portland, OR, United States
Founded
2020
Employees
45
Ownership
Privately Held (backing)

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