Amount Raised
$10.6 Million
Round Type
series a
Description
8base, the leading low-code development platform for building digital products, internal applications and more, today announced the completion of a $10.6 million Series A funding round. 8base will use the funds to continue the rapid expansion of its product capabilities while ramping up its go-to-market team. The oversubscribed funding round was led by Foundry Group, with participation by Techstars, Firebrand Ventures, MongoDB PaaS Accelerator, 11 Tribes Ventures, Argonautic Ventures, LAGO Innovation Fund and Strawberry Creek Ventures, an Alumni Ventures fund; and comes on the back of accelerated customer and technical growth in the last 12 months.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech