Fractl Raises $1.025M in Pre-Seed Funding

Fractl

Fractl, a Cupertino, CA-based provider of generative AI-powered programming platforms, raised $1.025M in Pre-Seed funding.

The round was led by WestWave Capital with participation from January Capital and Arka Venture Labs, along with angel investors.

The company intends to use the funds to expand its go-to-market efforts, recruit experts spanning the software and product space and support open-source efforts around the programming language.

Led by CEO Ranga Rao, Fractl provides software for development with Fractl.io, a programming platform that is focused on building apps. Fractl.io is empowered by Fractl, an open-source programming language, that enables developers to use gen-AI, visual development and traditional coding concurrently to work with their creativity and productivity by focusing on the business problem, instead of programming syntax.

Fractl.io accelerates development with:

  • Fractl Design Studio: A collaborative tool that blends AI code generation, traditional coding and drag-and-drop software development, for fast SaaS application development. Users can generate an enterprise app for a variety of enterprise use cases in seconds, and then build out deep functionality rapidly.
  • Fractl.io Cloud: A secure, multi-tenant DevOps platform to easily launch and manage apps built in Fractl

FinSMEs

14/11/2023