Candu.ai Raises $5M in Seed Funding

candu

Candu, a San Francisco, CA-based developer of a native no-code web builder for SaaS applications, raised $5m in seed funding.

The round was led by Two Sigma Ventures with participation from CRV. They joined existing investors including Angular Ventures, Entrepreneur First, and Haystack, as well as founders from Datadog, LaunchDarkly, and Sourcegraph.

The company intends to use the funds to meet customer demand for applying its product to new use cases.

Founded in 2018 by Jonathan Anderson and Michele Riccardo Esposito, Candu provides a drag-and-drop web-based builder that requires no engineering resources and enables rapid and direct product iteration. It allows customer-facing teams to independently build the UIs needed to onboard customers, promote feature adoption, and educate users.

Through a wide selection of customizable templates and use cases, Candu enables its users to build, embed, and iterate on user interfaces easily and rapidly. It integrates smoothly with leading product engagement platforms, including Segment, Intercom, Pendo, Wistia, YouTube, and Vimeo, and has been adopted by companies such as LaunchDarkly, Thought Industries, and SeenIt.

FinSMEs

10/12/2020

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