Tech Company Financing Transactions
Builder.ai Funding Round
On 5/11/2023, Builder.ai secured investment from Microsoft.
Transaction Overview
Company Name
Announced On
5/11/2023
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Microsoft (Jonathan Tinter)
Proceeds Purpose
Builder.ai creating an entirely new category that empowers everyone to be a developer and our new, deeper collaboration fuelled by Azure AI will bring the combined power of both companies to businesses around the world.
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.
Management Team
Title
Name
Email & Social
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