Builder.ai

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Builder.ai is an AI-powered software development platform that enables businesses and individuals to create custom web and mobile applications without requiring technical knowledge. Founded in 2016 and headquartered in London, the company utilizes a modular approach to app development, breaking down software into reusable components that can be assembled like Lego blocks. Builder.ai's platform combines AI automation with a network of human designers and developers to deliver applications up to six times faster and 70% cheaper than traditional development methods. The company offers several products, including Builder Studio for custom app development, Builder Now for rapid prototyping, and Studio Store for pre-packaged ecommerce solutions. In 2022, Builder.ai reported a 300% increase in revenue and deployed over 40,000 features to customers. The platform's AI assistant, Natasha, acts as a virtual product manager to help guide users through the app development process. In May 2023, Microsoft announced plans to integrate Natasha into its Teams software as part of a strategic collaboration.

Key customers and partnerships

Builder.ai has formed partnerships with several major technology and financial enterprises. The company has collaborated with JP Morgan & Chase and Etisalat UAE. In 2022, Builder.ai partnered with Microsoft for a global go-to-market strategy and inclusion in their reseller program. The platform caters to businesses of various sizes, from entrepreneurs and small businesses looking to establish an online presence to large enterprises seeking custom software solutions.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
119 Marylebone Rd North West House, 6th Floor London GBR
Founded year:
2016
Employees:
1,001-5,000
IPO status:
Private
Total funding:
USD 445.0 mn
Last Funding:
USD 250.0 mn (Series D; May 2023)
Last valuation:
USD 1.0 bn (May 2023)
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