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Lumavate raises USD 6 million in funding
No-code Software
Jan 31, 2022
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No-code Software

No-code Software

Jan 31, 2022

Lumavate raises USD 6 million in funding

Funding

  • Lumavate, a no-code platform to build mobile apps, raised USD 6 million in funding co-led by Gutbrain Ventures and PBJ Capital with participation from Allos Ventures, BioCrossroads, Collina Ventures, and 4G Ventures. This round brings the company’s total funding to USD 15.3 million. 

  • The funds will be used to scale the company’s go-to-market team and invest in product development. 

  • Lumavate offers a no-code platform for enterprises to build, test, and deploy mobile applications. Along with its app-building studio, the platform provides two other tools for users: 1) a collaborative management tool for users to oversee apps built on the platform (Command Center) and 2) a library of integrations, design elements, and app-building starter kits (Lumavate Library). 

<ul><li> Analyst QuickTake: Lumavate is the second no-code platform to build mobile applications that received funding in the past few weeks, following Vajro , which raised USD 8.5 million in Series A funding last Monday. Lumavate aims to differentiate itself from peer mobile app building platforms through its “Lumavate Library,” which offers a large number of integrations, design elements, and templates.</ul>

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