Modyfi said in Apr 2025 that it would join Figma, and Figma reported on 3 Sep 2025 that it had closed the acquisition to support its motion, animation and vector tools.
Edit and generate images collaboratively in real-time with AI tools built into the canvas.
How Modyfi Canvas compares with its closest alternatives
4 of the 5 closest alternatives have a free plan, as Modyfi Canvas did. Only Canva lists a starting price, $15 a month. 2 of the 5 offer an API; FalcoScan's records show none for Modyfi Canvas. Modyfi Canvas offered a web app. Of the alternatives, all 5 offer a web app. Modyfi Canvas was founded in 2022; the alternatives were founded between 2012 and 2021, 5 of them earlier. The alternatives with a known headquarters are in the United States, China and Australia.
Market position · Design
How Modyfi Canvas compares in Design
Modyfi Canvas had high opportunity before it shut down. Across Design, the average opportunity score is 52.3 and the average saturation score 41.5. FalcoScan rates Modyfi Canvas's own market position as open. 54 of the 351 operating Design tools have hot momentum, and FalcoScan has recorded 23 shutdowns in the category.
Modyfi Canvas compared with its closest alternatives
Product
Opportunity
Saturation
Pricing
Pricing from
Free plan
API
Platforms
Momentum
Modyfi CanvasFounded 2022
High
Open
Freemium
—
Yes
No
Web
Declining
Spline CollabFounded 2019 · San Francisco, United States
No. Modyfi Canvas was acquired by Figma in 2025. Modyfi said in Apr 2025 that it would join Figma, and Figma reported on 3 Sep 2025 that it had closed the acquisition to support its motion, animation and vector tools.
Who acquired Modyfi Canvas?
Figma acquired Modyfi Canvas in 2025 (investor.figma.com).
The closest alternatives to Modyfi Canvas that are still running, matched on the AI capabilities, uses and audience they share, are Spline Collab, Pixso Design, Canva, Canva Pro Teams, and Vectorizer AI.