2 years ago

Builder.ai Raises $250 Million in Series D Funding Led by QIA

  • Builder.ai, an AI-powered software platform, has raised $250 million in Series D funding led by Qatar Investment Authority (QIA)

  • The investment brings the company's total funding to over $450 million and increases its valuation by 1.8x

  • The new capital will be used to fuel the company's continued industry leadership and innovation pipeline, including investments in talent, partnerships, and technology

  • Builder.ai has seen significant growth in recent years, with 2.3x revenue growth and over 40,000 features deployed to customers in the past year

  • The company has also expanded its global footprint, opening new offices in the USA, UAE, Singapore, and France.

      • ProblemTechnology

      "Building software is expensive and time-consuming, requiring specialized skills and knowledge. This limits access to software development for many businesses and individuals."

      Solution

      "Builder.ai offers an AI-powered platform that allows anyone to build software by breaking it down into reusable components, similar to Lego bricks. This makes software development faster, more affordable, and accessible to a wider audience."

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