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Funding · Enterprise Software & IT

Builder.ai raises $250m in series C funding

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Date
Company
Builder.ai
What it does
AI-powered software development platform
Kind
Funding
Amount
$250M
Stage
series-c
Sector
Enterprise Software & IT

What they do

Builder.ai uses artificial intelligence to help businesses build software without coding

What happened

The company raised $250 million in a series C round led by Qatar Investment Authority

Why it matters

The funding will be used to expand into new markets and grow its AI capabilities

The details

  • Builder.ai has raised $250 million in a series C funding round.
  • The round was led by Qatar Investment Authority.
  • The company plans to use the funds to expand into new markets.
  • It will also invest in enhancing its AI platform.
  • Builder.ai helps businesses create software without writing code.
  • The platform uses artificial intelligence to automate development.

The bigger picture

  • The funding comes as demand for no-code development tools grows.
  • Builder.ai competes with other low-code and no-code platforms.
  • The investment signals confidence in AI-driven software creation.

About the business

  • Builder.ai offers an AI-powered platform for building software.
  • Customers can create apps and websites without technical skills.
  • The platform uses machine learning to suggest features and designs.
  • Builder.ai serves small businesses to large enterprises.
  • The company operates in multiple countries including India and the UK.

What happens next

  • Builder.ai will use the funds to expand into new geographic markets.
  • It will also strengthen its AI and machine learning capabilities.

The deal

Type
series-c

Investors

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Same day

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