AI-powered app development platform Builder.ai has raised $100 million in a Series C funding round led by Insight Partners.
Builder.ai has raised $195 million to date.
The latest VC funding round includes participation from existing investors such as Singapore-based Jungle Ventures, in combination with new individual and institutional names that include the IFC and Jeffrey Katezenberg’s WndrCo.
Builder.ai is a leading AI-powered low-code/no-code app development platform that builds software and apps up to 6x faster and up to 70 percent cheaper than traditional human teams, without users needing to speak tech.
Builder.ai has increased its revenue by over 300 percent and deployed more than 40,000 features to customers within the last year.