Builder.ai Raises $100M in Series C Funding

builder_ai

The Series C funding of $100M was raised by Builder.ai, a London-based provider of an AI-powered, low-code/no-code app development platform.

The round, which brings total funding to $195m across three total rounds, was led by Insight Partners, with participation from IFC & Jeffrey Katzenberg’s WndrCo., and Nikesh Arora.

The company intends to use the funds to invest in AI and automation capabilities, develop its proprietary low-code/no-code platform, scale product development on core systems, including its conversational AI, named “Natasha™”, for improved self-service, and expand global operations.

Builder.ai, founded by Sachin dev Duggal in 2016, is an AI-powered platform for low-code/nocode app development. Customers can order apps for every business and entrepreneur. The AI-powered assembly machine combines Lego-like features with Building Blocks automation to reduce human efforts. A verified network of experts is used to expand development capabilities and produce apps with almost zero failure rates.

The company has 450 employees and provides BUILDER STUDIO, BUILDER CARE, BUILDER NOW, BUILDER HIIVE, STUDIO STORE, STUDIO RAPID.

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