Fundraising Fox

Tempo

YC S23

Toronto, CA · Founded 2023 · 8 employees · Hiring · 6 known investors

Tempo is a visual code editor for React applications that enables product managers, designers, and engineers to collaborate on component development through a design-tool interface backed by IDE functionality, with native support for Vite and Tailwind.

Also known as Tempo Labs

Founders & leadership· Y Combinator alumni (S23)

Tempo was founded in 2023 by Kevin Michael and Peter Gokhshteyn.

KMKevin Michael
Kevin Michaelin𝕏FounderKevin Michael was founding engineer and head of product at Perpetua before joining Social Capital as a product fellow; he previously worked as an engineer on the Visual Studio team at Microsoft.
PGPeter Gokhshteyn
Peter GokhshteyninFounderPeter Gokhshteyn worked as a software developer at Google, Bloomberg, and Zynga before joining Perpetua as an early employee, where he led the engineering team through product-market fit. He is now building Tempo.

Investors · 6

Funding

SEC filings, press & company announcements

$500M disclosed across 1 of 5 rounds · 2024–2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Tempo (also referred to as Tempo Labs) develops a visual editor for React applications that combines the interface conventions of a design tool with the underlying behavior of an IDE. The product is aimed at letting product managers, designers, and engineers work on the same production code, with AI assistance layered on top of both prompting and fine-grained manual editing. It is optimized for Vite and Tailwind, and supports React Native mobile development through Expo.

The company positions its product against two categories it describes as inadequate: "low-code"/design-to-code tools, which it says accelerate simple apps but fail to produce production-grade software for serious software companies, and newer AI web app builders, which it credits with a superior code-first approach but says still struggle with complex apps and large codebases. Tempo's stated approach is to merge an IDE (comparable to VS Code), a design tool (comparable to Figma), and an AI chat assistant into a single source of truth shared by designers and developers.

In its V2 release, Tempo added a fine-grain design panel for pixel-level control, a Figma plugin that converts designs into code inside Tempo, enhanced AI reasoning together with Gemini Search for debugging and development, pre-built SaaS templates for Stripe, Polar, Supabase, and Convex + Clerk, and Expo support. The company also offers an "Agent+" service under which it designs and ships one to three features per week for customers seeking additional roadmap capacity, with a discount offered to Y Combinator companies.

Founding story

Both founders previously worked at Perpetua, an AI advertising startup that exited for $150 million; Forbes reports that at Perpetua they observed substantial time being wasted translating design into code, which motivated Tempo. Kevin Michael spent five years as founding engineer and head of product at Perpetua and was previously a product fellow at Social Capital and an engineer on the Visual Studio team at Microsoft. Peter Gokhshteyn joined Perpetua as employee #3 and led engineering from idea to product-market fit, after software development roles at Google, Bloomberg, and Zynga.

Business model

Tempo sells a software development tool used by product teams to build and modify React applications. Alongside the core product, it offers Agent+, a service in which Tempo designs and ships one to three features per week for a customer's roadmap; a $500 discount for the first three months is offered to Y Combinator companies. The sources do not specify pricing tiers or contract structures.

The available sources do not state Tempo's pricing or how it charges for the product; the only commercial detail disclosed is the Agent+ service offering and a $500 first-three-months discount for YC companies.

Traction

Publicly disclosed traction is limited. Y Combinator lists a team size of 8 and an active status, with three open Toronto-based roles (full-stack software engineer, LLM/AI agents engineer, and founding product designer) offering CAD 125K-200K salaries and 0.25%-1.00% equity. Forbes reported over $1.2 million raised as of January 2024, and YC references a $5 million seed announced in October 2025. No customer counts, usage, or revenue figures are disclosed in the sources.

Latest developments

The most recent developments in the sources are the Tempo V2 release, which added the Figma plugin, fine-grain design panel, Gemini Search-backed AI reasoning, SaaS templates, and Expo/React Native support, and a $5 million seed round announced on October 22, 2025 and framed by Y Combinator as supporting the "design engineering movement."

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Forbes characterizes Tempo Labs as aiming to "do for code what Figma did for design," and described it as still in its early stages as of January 2024. Y Combinator categorizes the company under Artificial Intelligence, Developer Tools, B2B, and Design Tools.

Tempo describes itself as integrating an IDE, a design tool, and an AI assistant into one environment that acts as a shared source of truth for designers and developers, in contrast to low-code and design-to-code tools that it says do not integrate well with existing production codebases, and to AI app builders that it says struggle with complex apps and large codebases. Cofounder Kevin Michael states he has tried every low-code tool on the market and found none integrated well with production codebases.

Technology

A browser-based visual IDE for React optimized for Vite and Tailwind, with a fine-grain design panel for pixel-level control, AI code generation and editing from text prompts, AI reasoning augmented with Gemini Search, a Figma plugin for design-to-code conversion, pre-built SaaS templates for Stripe, Polar, Supabase, and Convex + Clerk, and Expo support for React Native.

Go-to-market

Distribution is through Y Combinator's network and community-led channels; the V2 launch post asks users to build, share, and tag Tempo on X and LinkedIn for amplification, and offers YC companies a discount on the Agent+ service. A Figma plugin provides an additional entry point from designers' existing tooling.

Product managers, designers, and engineers working together on React web applications, ranging from non-technical builders to experienced engineers, including software teams building production-grade applications and teams doing rapid prototyping.

Geography

Headquartered in Toronto, Canada, with all listed roles described as in-person at the Toronto office.

History

Tempo Labs was founded in May 2023 in Toronto by second-time founders Peter Gokhshteyn and Kevin Michael and took part in Y Combinator's Summer 2023 batch, with Diana Hu as its primary YC partner. Its first YC launch was "Tempo Labs - Build UIs 10X faster with AI," an AI design and prototyping tool contributing React code directly to a user's codebase. By January 2024 Forbes reported the company had raised over $1.2 million from Y Combinator and General Catalyst, and the founders were profiled on the Forbes 30 Under 30 Consumer Technology 2024 list. The company subsequently shipped Tempo V2, and Y Combinator's page references a $5 million seed round announced on October 22, 2025.

Risks & controversies

No controversies, litigation, or regulatory issues concerning Tempo appear in the available sources. Note that several unrelated organizations share the Tempo name - a Jira project portfolio management vendor (tempo.io), a connected fitness company (tempo.fit), a Stripe- and Paradigm-backed payments blockchain, a WNBA expansion franchise, and a music publication - and none of their activities relate to this company.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Open job postingsJan 20253 roles
Team sizeJan 20258 employees
Total funding raisedJan 2024$1.2M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap

Companies competing with Tempo for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Oct 2025
Tempo announces $5M seed round

Y Combinator's company page links a news item titled "Tempo's $5M Seed To Empower The Design Engineering Movement," dated October 22, 2025.

$5M source ↗

Jan 2025
Tempo V2 launch

Tempo launched V2 of its visual IDE, adding a fine-grain design panel, a Figma plugin that converts designs to code, enhanced AI reasoning with Gemini Search, pre-built SaaS templates (Stripe, Polar, Supabase, Convex + Clerk), and Expo support for React Native mobile apps.

source ↗

Jan 2024
Named to Forbes 30 Under 30 - Consumer Technology 2024

Tempo Labs and cofounders Peter Gokhshteyn and Kevin Michael were profiled on the Forbes 30 Under 30 Consumer Technology 2024 list.

source ↗

Jan 2023
Participation in Y Combinator Summer 2023 batch

Tempo is listed in YC's Summer 2023 batch, with Diana Hu as primary partner.

source ↗

Jan 2023
Tempo Labs launch: build UIs 10X faster with AI

Earlier YC launch of an AI design and prototyping tool that contributes React code directly to the user's codebase.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Tempo do?
Toronto-based Tempo builds an AI-powered visual editor/IDE for React that lets PMs, designers and engineers collaborate on code.
Who founded Tempo?
Tempo was founded by Kevin Michael, Peter Gokhshteyn in 2023.
Who are Tempo's investors?
Tempo's investors include Y Combinator, General Catalyst, Greenoaks, Paradigm, Stripe, Thrive Capital.
How much funding has Tempo raised?
Tempo has disclosed $500M raised across 1 of its 5 known rounds.
Where is Tempo headquartered?
Tempo is headquartered in Toronto, CA.