Builder.ai raises $100 mn in Series C round to scale up AI capabilities

Funding led by Insight Partners, a New York-based global venture capital and PE firm, brings company's total funding to $195 million across three rounds in all

Builder.ai, a leading AI-powered low-code/no-code app development platform said it has raised $100 million in a Series C funding round led by Insight Partners, a New York-based global venture capital and private equity firm. The round, which brings the company’s total funding to $195 million across three rounds in all, includes participation from existing investors such as Singapore based Jungle Ventures in combination with new individual and institutional names that include the IFC & Jeffrey Katezenberg’s WndrCo.

Established in 2016, Builder.ai platform that builds software and apps up to 6x faster and up to 70 per cent cheaper than traditional