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- Builder.ai's Funding Soars to $450M with $250M Series D Led by QIA
Builder.ai's Funding Soars to $450M with $250M Series D Led by QIA
Builder.ai empowers businesses and individuals to build custom software as easily as ordering pizza
WHO Builder.ai targets businesses and individuals seeking to develop software without extensive coding expertise.
WHAT Builder.ai offers an AI-powered composable software platform that simplifies the software development process.
WHY The funding enables Builder.ai to further innovate its platform, investing in talent, partnerships, and technology.
HOW IT WORKS Builder.ai breaks down software into reusable features, leveraging human-assisted AI assembly and a network of experts for efficient development at reduced costs. Users can build apps faster and more affordably.
AVAILABILITY Builder.ai's platform is available now, empowering users to transform their ideas into software.
CUSTOMER TRACTION Builder.ai has experienced strong customer demand, achieving 2.3x revenue growth and deploying over 40,000 features to customers within the last year. It has also secured partnerships with Microsoft, JP Morgan & Chase, and Etisalat UAE.
FUNDING Builder.ai successfully raised over $250 million in Series D funding, led by Qatar Investment Authority (QIA), bringing the total raised to over $450 million. The Series D round included participation from additional existing and new investors including Iconiq Capital, Jungle Ventures & Insight Partners.
KEY TAKEAWAY Builder.ai's innovative software development platform leverages AI and automation to democratize software building, addressing the growing demand for efficient and affordable solutions.