Tech Company Financing Transactions
Builder.ai Funding Round
Builder.ai secured a $29.5 million Series A funding round on 11/7/2018. Investors included Jungle Ventures, Lakestar and DeepCore.
Transaction Overview
Company Name
Announced On
11/7/2018
Transaction Type
Venture Equity
Amount
$29,500,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
600 California St. 11th Floor
San Francisco, CA 94109
USA
San Francisco, CA 94109
USA
Phone
Website
Email Address
Not Recorded
Overview
Builder.ai (formerly Engineer.ai) was founded in 2016 to create a human-assisted AI that empowers everyone to independently build and operate tech products through two products that work together to be their virtual engineering team. The company has developed what it called an "AI-powered low-code/no-code app development platform" that it claims can build software and apps up to 6x faster and up to 70% cheaper than traditional approaches.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Operating Officer
Varghese Cherian
Co-Founder
Sachin Duggal
Vice President
Rohan Patel
VP - Bus. Development
Robert Holdheim
VP - Engineering
Alex Godelman
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