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Builder.ai raised $250M in a Series D funding led by the Qatar Investment Authority to revolutionize app development with AI-powered solutions.

Mar 02, 2024over 1 year ago

Amount Raised

$250 Million

Round Type

series d

LondonArtificial IntelligenceData And AnalyticsSoftware

Investors

Qatar Investment Authority

Description

Builder.ai received a substantial $250 million investment in a Series D funding round led by the Qatar Investment Authority, emphasizing the impact of AI in reshaping app development and the job market.

Company Information

Company

Builder.ai

Location

London, England, United Kingdom

About

We’ve created a new category between low-code and custom software to provide flexible, bespoke apps at the speed and cost of an off-the-shelf product.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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