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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