AppGyver Raises Additional €2M in Funding

AppGyver

AppGyver, a Helsinki, Finland-based providing visual programming tools for professional app development, raised €2M in funding.

The round was co-led by Karma Ventures and OpenOcean, with participation from angel investors. The new round takes total funding to €10M.

The company intends to use the capital to accelerate the development of its visual app builder platform, Composer Pro, scale up its international expansion, and grow a developer community of more than a million people.

Led by Marko Lehtimäki, CEO, AppGyver provides Composer Pro, a no-code visual platform for professional app development, where new and seasoned developers alike can build production-ready apps for any device without having to write a single line of code. Everything can be crafted visually by using drag-and-drop, including the user interface, app logic, access to native APIs, user authentication, and backend integrations.

Composer Pro is free for indie developers and small companies with under $10M annual revenue, while the enterprise offering, AppGyver Black, has a customized pricing plan with appropriate service-level agreements, premium support, and governance features.

The company has also created a component marketplace where users can share, and potentially sell, what they’ve created and build on the contributions of others.

AppGyver’s global enterprise portfolio includes companies such as DHL, Fingrid, and Genelec, and has a community of 300,000 developers using its platform.

FinSMEs

29/04/2020

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