$30 million in Series B funding was raised by Thunkable, a San Francisco-based global platform for mobile app development that uses no-code technology.
Owl Ventures led the round, which also included previous investors Lightspeed Venture Partners and NEA, PJC and other investors, as well new investors such as DJ and investor Diplo and Sky9 Capital.
The company intends to use the funds to enhance enterprise capabilities, create a marketplace and advocate for creator communities, as well as drive certification of individuals.
Thunkable, which was incubated at Google, MIT, and headed by Arun Sagigal and WeiHua Li (Chief Technology Officer), is a no-code platform that allows users to build native mobile apps on every major operating system. The company’s drag-and-drop interface makes it simple for creators to quickly bring their ideas to life, create an app in days, and publish it directly to app marketplaces.
Thunkable boasts 3M+ users, and its platform has been used by more than 40% of Fortune 500 businesses.