Bubble, a NYC-based open-ended visual programming platform that lets people build and launch web applications without code, closed a $100m Series A funding.
The round was led by Insight Partners with participation from existing investors SignalFire, Neo, BoxGroup, and Third Kind, accompanied by Betaworks, a NYC-based startup studio and early stage venture firm, and notable angel investors including the founders of Datadog, Peloton, and Hootsuite. In conjunction with the funding, Ryan Hinkle, Managing Director at Insight Partners, will be joining Bubble’s Board of Directors.
The company intends to use the funds to improve the platform’s scalability to support newly-formed and scaling startups from MVP to IPO and expand educational initiatives to empower customers to build web platforms affordably.
Co-founded by Josh Haas and Emmanuel Straschnov, Bubble provides a no-code platform that empowers people without programming skills to design and launch their own digital apps, marketplaces, or tools for solving their business problems. Its digital editor and cloud-hosted platform allows users to launch a web application affordably. The company serves more than 1 million users worldwide, has processed over $1 billion in business volume on its users’ applications, and tripled its revenue in the past year.